Frequently Asked Questions
Have any other questions? Just give our team a call or send us an email on the details below.
5/46 Market Street
Sydney, N.S.W. 2000
What if my property doesn't sell?
Each circumstance for each vendor is different and our credit team will assess each borrower separately to work out the best repayment solution
What costs are there?
Loans start at 5.9%, in each loan application we clearly display in real dollar terms the costs associated with all our loans and the loan terms.
VPA $2,000 to $20,000 5.9% for the first 90 days, 2% per 30 days thereafter. Processing fee $68.00
SF Loans $20,000 – 250,000 6.9% for the first 90 days, 2.5% per 30 days thereafter. Processing fee $68.00
American Express payments are 2% Visa and Mastercard are 1.7%.
How much can I borrow?
Our site calculates an amount you can borrow based on a number of factors, click the Apply Now Button you’ll know in less than 2 mins. Subject to Credit Criteria and Terms and Conditions Apply.
How soon can I get access to funds?
We can get funds to you as fast as 48 hours from the submitted application, provided the ID requirements and conditions are met.
What can I use funds for?
SaleFunder is designed to help you achieve the best sale price without depleting your savings. Funds can be used for anything that assists that goal. This includes marketing campaigns with your agency to advertise your property more effectively or renovations, moving costs, home improvements and furniture staging to help appeal to a wider home buyer base. Funds can also cover lost rental income, bridging finance, rent if you move out during the sale process or debt consolidation.
How do I repay the loan?
When your home sells, we are repaid at settlement or at 180 days, whichever happens sooner. Funds are paid out via an irrevocable direction from the deposit held by your agent or via your solicitor when the property settlement takes place. As the homeowner and vendor of the property, you are solely responsible for the loan. If you want to repay the loan early, contact us for a statement and payout details.