Thyra Capital offers investors, brokers and developers various products and solutions to meet their own unique and individual financial needs. Read below for our extensive range of services offered.
For
Investors
- Thyra Capital forms and manages mortgage funds.
- Our mortgage funds provide loan capital to small-medium sized property developers.
- These loans are for site acquisition and/or construction.
- These funds invest in a portfolio of loans and each loan is secured by way of a first mortgage over residential property and other securities as required.
- Loan value ratios between 65% to 80%.
- Interest rates ranging between 8.99% to 11.0%.
- Each mortgage fund is a closed end fund with an investment term of 4 years.
For Brokers
& Developers
- We are leaders in the private lending space for 2-4 residential unit developments of up to $3 million.
- We understand the challenges brokers and developers face when seeking development finance.
- We provide a quick response that is reliable, concise and with reasonable conditions.
- We charge a simple interest rate from 8.99% per annum, charged on drawn funds.
- Our loan value ratios range from 65% to 80% of the end value net of GST (margin scheme can be applicable).
- We charge a fixed, one-off fee of 1.5% + GST – there are no other up front, hidden charges.
- We respond with a loan offer within 24 hours subject to valuation and QS report.
- We fund progress claims within 24 hours of receipt of progress reports.
