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Case Studies

We can do what other lenders can’t. Think outside the box.

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Case Studies

We can do what other lenders can’t. Think outside the box.

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Settled: Hamilton Island, QLD

We’ve just financed the purchase of 2 villas on Hamilton Island.

Loan type - 1st Mortgage
Rate - 9.99% pa
Loan Size - $1,350,000.00
LVR - 50%

Absolutely stunning location and view from one of the most iconic & luxurious holiday destinations in Australia.

Very happy and excited for our client, this is somewhat of a retirement business for them to live happily ever after in their favourite holiday destination whilst continuing to run their successful holiday accommodation business.

For holiday accommodation enquiries, please contact bookingsskiathos@gmail.com

My wife and I tried for over 12 months to find funding to no avail. We engaged Lumley and Steve Murray, who even on the back end of the COVID pandemic, gave us the funding we needed to purchase these properties and business. We are now living our dream on the island, and our holiday accomodation business is booming. Steven also made the time to come over to Hamilton Island to attend settlement in person. – Peter & Lyndal Cook

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Settled: Mona Vale, NSW

We funded the construction facility of this spectacular development for 8 townhouses in Mona Vale, NSW back in November 2020.

Loan type - 1st Mortgage Construction
Rate - 7.95% pa
Loan Size - $8,600,000.00
Loan Term - 16 Months

We had our initial lender drag on for months and simply would not settle leaving us with no other option but to seek construction funding of $8,600,000 elsewhere. Our broker engaged Lumley and we had loan documents issued within 7 days, settlement then followed promptly, enabling the project to start on time and we received our first draw down within 14 days. The partners and I are very happy with the result and will be certainly be using Lumley for future projects. – Onshore Projects Pty Ltd

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1626139775607

Settled: Greensborough, VIC

We’ve just funded the land purchase of this spectacular DA approved development site for 95 x residential apartments in Greensborough, VIC.

Loan type - 1st Mortgage
Rate - 8.95% pa
Loan Size - $5,040,000.00
LVR - 63% (Land bank)

The client is an experienced property developer, having completed many projects in metro Melbourne. They were seeking a 6 months loan facility to purchase the site and acquire some pre-sales before rolling into a Construction facility.

“Lumley Finance were amazing from start to finish, very professional and can’t thank them enough for settling this for me” – Victor Kamal

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Settled: Constitution Hill, NSW

We’ve just funded the refinance of 28 x Residential townhouses in Constitution Hill, NSW.

Loan type - 1st Mortgage
6.7% pa
Loan Size - $8,000,000.00
LVR - 60%

The client required a quick turnaround to refinance out of the existing Lender for 12 months.

Thanks to John Alvarez and his team at Finstead Capital for bringing the deal to us. Very professional to work with from start to finish and worked hard to get their client the best result.

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Settled: Riverstone, NSW

We’ve just funded the purchase of this great residential house and proposed subdivision development site in Riverstone, NSW.

Loan Type - 1st Mortgage
Rate - 6.95% pa
Loan Size - $780,000.00
LVR - 70%
Loan Term - 12 Months

The client had Optioned the property 12 months ago and gone down the path with a mainstream Lender, the Lender pulled out at settlement and the client was issued a “notice to complete” from the Vendor. We received the loan scenario on Tuesday and despite the fact the tenant didn’t allow access to our Valuer because they required 7 days notice, we settled on Friday before the Option expired and they lost the property.

Thanks Stephen Mitchell from Nexus Advisory for bringing the deal to us. Very professional to work with and worked hard to get his client the best result.

The Lumley team helped ensure my client didn’t lose their property and settled within 5 business days. Clear communication from start to finish, the Lumley team understood our deadline situation and moved quickly and efficiently to settle for the client. – Stephen Mitchell

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Settled: Kemps Creek, NSW

We’ve just been paid out for a 2nd mortgage loan in Kemps Creek, NSW.

The client refinanced our loan facility to a major bank.

Loan Type - 2nd Mortgage
Total Loan Repayment - $2,520,000.00
Loan Term - 12 Months
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Settled: Green Valley, NSW

We’ve just settled a loan on this great property in Green Valley, NSW.

Loan Type - 2nd Mortgage
Rate - 14.99% pa
Loan Size - $380,000.00
LVR - 63%
Loan Term - 12 Months
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Settled: Auburn, NSW

We’ve just been paid out for a 1st mortgage loan in Auburn, NSW.

The client paid out the loan in full from proceeds of a completed and sold property development.

Total Loan Repayment - $725,456.00
Loan Term - 12 months
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Settled: Mascot, NSW

We’ve just refinanced this great commercial asset in Mascot, NSW.

Total Loan Repayment - $22,500,000.00
Loan Term - 24 months
Rate - 7.3% pa

We approved them in 24 hours and settled the loan in 14 days.

We engaged Lumley as the lender for this refinance transaction, despite the fact that we had several obstacles along the way, mostly due it to being a SMSF property. Lumley was able to settle in a timely manner and provide the client with the facilities they needed. – Green & Gold Finance

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Settled: Balwyn, VIC

We’ve just been paid out for a 2nd mortgage loan in Balwyn, VIC.
The client sold their property and got 20% above the listed price.

Total Loan Repayment - $420,000.00
Loan Term - 9 months
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Settled: Riverstone, NSW

We’ve just funded the purchase of this great residential house and proposed subdivision development site in Riverstone, NSW.

Loan Type - 1st Mortgage
Rate - 6.95% pa
Loan Size - $780,000.00
LVR - 70%
Loan Term - 12 Months

The client had Optioned the property 12 months ago and gone down the path with a mainstream Lender, the Lender pulled out at settlement and the client was issued a “notice to complete” from the Vendor. We received the loan scenario on Tuesday and despite the fact the tenant didn’t allow access to our Valuer because they required 7 days notice, we settled on Friday before the Option expired and they lost the property.

Thanks Stephen Mitchell from Nexus Advisory for bringing the deal to us. Very professional to work with and worked hard to get his client the best result.

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Settled: Hamilton Island, QLD

We’ve just financed the purchase of 2 villas on Hamilton Island.

Loan type - 1st Mortgage
Rate - 9.99% pa
Loan Size - $1,350,000.00
LVR - 50%

Absolutely stunning location and view from one of the most iconic & luxurious holiday destinations in Australia.

Very happy and excited for our client, this is somewhat of a retirement business for them to live happily ever after in their favourite holiday destination whilst continuing to run their successful holiday accommodation business.

For holiday accommodation enquiries, please contact bookingsskiathos@gmail.com

My wife and I tried for over 12 months to find funding to no avail. We engaged Lumley and Steve Murray, who even on the back end of the COVID pandemic, gave us the funding we needed to purchase these properties and business. We are now living our dream on the island, and our holiday accomodation business is booming. Steven also made the time to come over to Hamilton Island to attend settlement in person. – Peter & Lyndal Cook

1618552072482
1618552072149
1618552072040

Settled: Mona Vale, NSW

We funded the construction facility of this spectacular development for 8 townhouses in Mona Vale, NSW back in November 2020.

Loan type - 1st Mortgage Construction
Rate - 7.95% pa
Loan Size - $8,600,000.00
Loan Term - 16 Months

We had our initial lender drag on for months and simply would not settle leaving us with no other option but to seek construction funding of $8,600,000 elsewhere. Our broker engaged Lumley and we had loan documents issued within 7 days, settlement then followed promptly, enabling the project to start on time and we received our first draw down within 14 days. The partners and I are very happy with the result and will be certainly be using Lumley for future projects. – Onshore Projects Pty Ltd

1614045956003
1614045956003
1614045955999

Settled: Greensborough, VIC

We’ve just funded the land purchase of this spectacular DA approved development site for 95 x residential apartments in Greensborough, VIC.

Loan type - 1st Mortgage
Rate - 8.95% pa
Loan Size - $5,040,000.00
LVR - 63% (Land bank)

The client is an experienced property developer, having completed many projects in metro Melbourne. They were seeking a 6 months loan facility to purchase the site and acquire some pre-sales before rolling into a Construction facility.

“Lumley Finance were amazing from start to finish, very professional and can’t thank them enough for settling this for me” – Victor Kamal

1626139775673
1626139775607

Settled: Kemps Creek, NSW

We’ve just been paid out for a 2nd mortgage loan in Kemps Creek, NSW.

The client refinanced our loan facility to a major bank.

Loan Type - 2nd Mortgage
Total Loan Repayment - $2,520,000.00
Loan Term - 12 Months
1619482220086

Settled: Green Valley, NSW

We’ve just settled a loan on this great property in Green Valley, NSW.

Loan Type - 2nd Mortgage
Rate - 14.99% pa
Loan Size - $380,000.00
LVR - 63%
Loan Term - 12 Months
1616368045390
Screen Shot 2021-06-15 at 3.09.53 pm

Settled: Auburn, NSW

We’ve just been paid out for a 1st mortgage loan in Auburn, NSW.

The client paid out the loan in full from proceeds of a completed and sold property development.

Total Loan Repayment - $725,456.00
Loan Term - 12 months
1615510784481
Screen Shot 2021-06-15 at 3.12.31 pm

Settled: Mascot, NSW

We’ve just refinanced this great commercial asset in Mascot, NSW.

Total Loan Repayment - $22,500,000.00
Loan Term - 24 months
Rate - 7.3% pa

We approved them in 24 hours and settled the loan in 14 days.

We engaged Lumley as the lender for this refinance transaction, despite the fact that we had several obstacles along the way, mostly due it to being a SMSF property. Lumley was able to settle in a timely manner and provide the client with the facilities they needed. – Green & Gold Finance

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Settled: Balwyn, VIC

We’ve just been paid out for a 2nd mortgage loan in Balwyn, VIC.
The client sold their property and got 20% above the listed price.

Total Loan Repayment - $420,000.00
Loan Term - 9 months
1615415795900
1615415795962

Settled: Constitution Hill, NSW

We’ve just funded the refinance of 28 x Residential townhouses in Constitution Hill, NSW.

Loan type - 1st Mortgage
6.7% pa
Loan Size - $8,000,000.00
LVR - 60%

The client required a quick turnaround to refinance out of the existing Lender for 12 months.

Thanks to John Alvarez and his team at Finstead Capital for bringing the deal to us. Very professional to work with from start to finish and worked hard to get their client the best result.

1629157170599
1629157170811
1629157170608