HOW WE LOOK AT A DEAL
Whole-deal lending.
High purchase leverage can still make sense when the completed value, borrower-funded works and exit create a strong security position.
100%Purchase price considered*
On selected opportunities where the overall deal provides sufficient security.
65%Comfortable principal-to-completed-value position
The online indicator is designed around a principal position at or below this level.
<75%Projected repayment security
We also consider the projected redemption position against the expected completed value.
These are indicator parameters rather than automatic approval criteria. Experience, evidence, property condition, exit and local knowledge are reviewed during underwriting rather than mechanically reducing every online indication.