Australian Off Shore Loans Designed to Attract Chinese Real Estate Investors - Announcement by UCHK Consulting Ltd
UCHK Consulting Ltd this week announced a unique offshore property investor mortgage product to Chinese clients.
Melbourne, Australia, April 30, 2015 (Newswire.com) - In a first for the overseas real estate investment market, an Australian dollar offshore loan is available for up to 80% LVR.
Scott O. Talbot Said: “The finance product is limited to new and existing UCHK Consulting clients. The offshore rate between 1.75% - 2.25% is a significant savings for our clients.”
"The finance product is limited to new and existing UCHK clients. The offshore rate between 1.75% - 2.25% is a significant savings for our clients."
Scott O Talbot, Director
Australian and Permanent Residents are the biggest winners with up to 80% LVR (loan valuation ration) being offered. Foreign investors are offered up to 70% LVR.
Seasoned real estate investors know the importance of obtaining the best market mortgage rate and loan structure and often change banks regularly to take advantage of promotional holiday rates to save thousands per year.
According to Mr Talbot, the higher the loan amount, the greater the savings with the rate dropping for loans above one million:
- Loans below 500,000 > 2.25% > Indicative HK Dollar Rate
- Loans 500,000 + > 2.00% > Indicative HK Dollar Rate
- Loans 1,000,000 + > 1.75% Indicative HK Dollar Rate
Bank finance for property investors is critical, for loans above one million the rate can be as low as 1.75%, providing a significant $30,000 plus savings.
UCHK Consulting Ltd is a global firm that offers FIRB Australian government approved residential investment properties to overseas investors.
The finance product is offered to clients of UCHK Consulting Ltd and subject to approval and the terms and conditions contained at: http://uchkconsulting.com/offshore-bank-loans-for-australia-real-estate-investors.php
