Some residential loans don’t tick all the boxes, which makes them our business

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Flexible Residential First Mortgages

We offer flexibility that main stream banks either can’t or won’t. Our first mortgage residential lending tends to be shorter terms of between six and twelve months to meet a whole range of requirements:

  • Property purchase

  • Bridging finance

  • Working capital release for a business or project

  • Debt consolidation

  • Bank rescue

  • Irregular income or no financials

  • Impaired credit history

  • Offshore resident

Interest can be capitalised, part-capitalised, or paid monthly. For each facility we meet the beneficial borrower and inspect the property prior to any drawdown on the loan facility.

Indicative lending terms are:

Facility up to $5.000m

Term up to 24 months

Interest Rates from 7.95% p.a.

LVR up to 75%

Finance Fee 2.00% (excludes brokerage commission)

Please note that Cressida does not fund transactions which constitute consumer lending under the CCCFA.

What people are saying

Bruce was excellent, very helpful, great communication. First time using Cressida and I will definitely be sending more deals your way on the back of the service received
— Residential Property Acquisition
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We’re here to help

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Bruce McGhie

Business Development

+64 21 912 006   |   Email

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Marty Shepherd

Business Development

+64 21 715 200   |   Email

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Warren Law

Business Development

+64 21 483 666   |   Email