Caveat Loans
Universal Finance Turbo Caveat Loans are available from 0.79% per month. Don’t pay 3-4% per month, plus excessive fees (including upfront costs) for your caveat loan. We have the lowest caveat loan rates and fastest settlements in Australia - guaranteed.
THE LOWEST CAVEAT LOAN RATES AND THE BEST SERVICE IN AUSTRALIA
Universal Finance offers caveat loans from $2000 to $5,000,000+ with approval within 15 minutes or over the phone, or approval online within 2 hours, plus settlement within 24 hours (conditions apply). We are able to fund caveat loans internally and externally for your flexibility.
FASTEST AND LARGEST CAVEAT LOAN SOURCE IN AUSTRALIA!
- No valuations required for most Caveat Loans ***
- Funding is available from one of Australia's Largest and Fastest Caveat loans sources
- Caveat Loans Settle the same day in most cases
- Instant Caveat Loan approval and letter of offer within 2 hours
- Deal direct with the source of funds so that you save time and money
- Brokers Welcome - Commission paid at settlement
- Rates from 0.79% per month
- Loan terms up to 36 months (with payments made monthly in advance or can be pre-paid/capitalised into the loan amount if required)
- Can lend Australia wide **
- Real Estate Security required
- No tax returns or proof of income required
DO YOU HAVE AN EXISTING SECOND MORTGAGE?
Do you have an existing caveat loan or second mortgage with high interest rates? Has your current loan facility expired, meaning you are now paying high default interest rates? Universal Finance can arrange to pay out your existing facility at a fraction of the cost.
Don’t wait til the last minute, contact us now to find out how we can save you thousands of dollars.
We are confident a Universal Finance offer will be the best available in the current market and we’re ready to prove it. If you have received an indicative letter of offer from another lender, email it to us and we will make you an even better offer! Phone now for a quote on +61 8 8344 9508.
FUNDED BY AUSTRALIA’S LARGEST CAVEAT LOAN SOURCE
Our reputation as a leader in the industry says it all. We are caveat loan and private funding specialists, so you can talk to one of our consultants with the confidence you need, when you need it the most, because Universal Finance is the leader in caveat
FREQUENTLY ASKED QUESTIONS
What is a caveat loan?
A caveat loan is a short-term loan that is secured against a property or another asset. Caveat loans are designed to be quick, with settlement often possible the same day. Loan terms can be up to 36 months, although many customers choose a shorter term for faster repayments. Because a caveat loan is secured against an asset such as real estate, there’s no proof of income needed, so this kind of loan can be useful if you’ve been turned down for other financial products.
What can I use caveat loans for?
Caveat loans can be used for all sorts of purposes, whenever you need a loan for the short-term. Many people use them when they’ve had an unexpected expense, such as a larger than usual bill or another cost they need to cover. Some people use the money pay off debts and consolidate them into one monthly payment, or to pay off an existing second mortgage to remove it from the property. Once the money is in your account, it’s up to you what you do with it.
How do caveat loans work?
The process of getting a caveat loan with Universal Finance is simple. You simply apply online, letting us know how much you want to borrow and what asset you’d like to use as security. We don’t need proof of income or tax returns, as the security for the loan is in the asset. We then process your application, with a letter of offer within 2 hours if you qualify and can usually make a settlement on the same day.
What is the difference between a caveat and a mortgage?
A caveat loan is often mistaken for a second mortgage, but they are two very different financial products. While your property is the security for a caveat loan, these loans are usually short-term, and once paid off, the caveat is removed. A mortgage or second mortgage has a much longer term, usually several years, and generally has a much longer application process too.
How long does it take for caveat loan approval?
Universal Finance can process your caveat loan application quickly, with a letter of offer within two hours for most applicants. There are no upfront fees and we have designed our process so that minimal paperwork is needed, which speeds things up.
Can I get a caveat loan without a valuation?
Universal Finance do not require a valuation for most of our caveat loans, although in certain situations, we may ask for one to be carried out. If you call us for a quote on (03) 9088 8369, we can advise what will be needed to proceed with your application.