DBR offers first and sometimes second mortgage loans secured against all types of properties.

Loans are provided on an interest only or interest capitalizing basis for a term of
up to 24 months. Shorter terms are our preference i.e. 6 - 12 months.

We provide loans on the following property types:
  • Sections
  • Houses / townhouses /  units / apartments
  • Bare  land
  • Subdivisions
  • Rural  farms
  • Lifestyle  blocks
  • Mixed use  properties
  • Commercial / industrial properties
LVR                        
66-70% maximum (exclusive of GST where appropriate) however LVR can be lower for specialized assets.

Maximum loan
$2,000,000.

Interest rates        
10-14%

Upfront fees
Normally 2%. The fee will sometimes be more or less than 2% depending on the transaction and the nature of the borrower. DBR is committed to trying to give you the best possible rate and fee mix to ensure we are competitive and where possible we will match the competition.

Payments        
Either interest only or interest can be capitalized through the term of the loan.

Brokerage 
1% in addition to DBR's fee.        

Security        
First or second registered mortgage with personal guarantees.