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C O M PA N Y P R ESEN T S H O W TO 2016SU C C ESSCASE STUDY NEWSLETTER

O FFERIN G A SO LU TIO N Privat e M ort gage Funding & M anagem ent ( PM FM ) w as est ablished in 1995 and specializes in t he funding and m anagem ent of Privat e M ort gages. PM FM is West ern Aust ralia's only licensed bout ique fund m anager. We offer a rapid cust om ised individual assessm ent of your finance or invest m ent needs. We arrange and m anage cont ribut ory m ort gages w here t he invest or operat es as a m ort gagee. Privat e M ort gages offer a higher rat e of int erest , albeit at a higher degree of risk. For t hose w ishing o borrow , a privat e m ort gage m ay be your solut ion t o business w orking capit al, propert y purchase or refinance needs. Cont inue reading t o gain a full underst anding of our capabilit ies as a fund m anager and see if w e can offer you a solut ion!PMFM | CASESTUDY NEWSLETTER

O W N ER O CCU PIED A new ly m arried couple ret urned from a 12 m ont hs overseas sabbat ical bot h had em ploym ent hist ory before depart ing overseas, but w ere looking t o re-st art . They w ere seeking an ow ner occupied purchase in a desired pert h m et ro suburb t hat required im m ediat e set t lem ent and inst it ut ional funding w as not available due t o pending em ploym ent . Due t o subst ant ial cash reserves from previous house sales and a st rong t ake out plan t o re-com m ence w ork and finalise t heir fam ily inherit ance, w e w ere able t o offer a regulat ed advance. The Take Out Plan involved re-com m encing w ork and finalising t he fam ily est at e inherit ance ( w hich w as verified) . $130 ,0 0 0 | 30 % LVR | 12 m on t h t er m | 8.95% p.a. | 12 m on t h I n t er est Reser v e COMPANY PRESENTS | HOW TO FIND SUCCESS

D EV ELO PM EN T D EV ELO PM EN T U N IT TRU STEQ U ITY RELEA SE W O RK IN G CA PITA L D EV ELO PM EN TA m id-sized propert y developer A propert y developer w as A syndicat e w as purchasing aw it h residual st ock w as undert aking a specialized resident ial land bank. It w aspurchasing a resident ial com m unit y developm ent . The st ruct ured as a Unit Trust w it hinvest m ent propert y pending developm ent w as designed and bot h Resident and non-Residentanot her sale. The freehold asset docum ent ed, but Developm ent invest ors. Previous sm aller scalerepresent ing part of t he Approval w as pending. Once t he developm ent had beendevelopm ent profit . new t it les w ere produced, sales successfully com plet ed.Inst it ut ional lenders w ere w ould com m ence t hrough Inst it ut ional funding w as notunw illing t o assist due t o t he house and land packages. available due t o current creditshort t erm nat ure of t he Inst it ut ional lenders w ere policies, m arket issues and t hatm ort gage and because of t he unw illing t o assist due t o t he it w as a Unit Trust .zero residual debt . lack of pre-sales. We offered an unregulat edWe offered an unregulat ed We offered an unregulat ed advance. The landbank w as w elladvance due t o t he ex perienced advance as a result of t he locat ed in a resident ial \" infill\"propert y background of t he ex perienced propert y developm ent sit e t hat w asdeveloper. The Take Out Plan background of t he client and shovel ready. The Take Out Planw as t o m arket t he propert y as ot her freehold propert y asset s. w as t o obt ain Developm entpart of t he final sales and finalise The w orking capit al w as Approval, develop resident ialt he advance. required for out st anding t ax lot s w it h equit y and t hen re pay issues and general developm ent t he advance.$195,0 0 0 | 60 % LVR | 12 cost s. The Take Out Plan w as t om on t h t er m | 8.95% p.a. | 12 finalise t he developm ent . $1,0 0 0 ,0 0 0 | 55% LVR | 12m on t h i n t er est r eser ve m on t h t er m | 8.95% p.a. | 12 $50 0 ,0 0 0 | 35% LVR | 12 m on t h i n t er est r eser vePMFM | CASESTUDY NEWSLETTER m on t h t er m | 8.95% p.a. | 12

CA SH O U TBUILDIN G A ret ired couple w as purchasing land ( a t riplex sit e, t o build and sell one, and ret ain t he ot her t w o for rent al) . Their ot her invest m ent propert y, t hat t hey had a bank loan for w as fam ily occupied. The cash reserve from t he previous propert y sale w as t o be used for t he building cont ract . Inst it ut ional funding w as not available due t o no pre-sales and capacit y. The solut ion w as t o offer a regulat ed advance on t he invest m ent propert y. The scenario w as assessed as being Responsible given it w as viable, w it h st rong equit y and a logical Take Out Plan. The Plan w as t o undert ake developm ent and repay t he advance from one unit sale. $30 0 ,0 0 0 | 60 % LVR | 12 m on t h t er m | 8.95% p.a. | 12 m on t h I n t er est Reser v eCOMPANY PRESENTS | HOW TO FIND SUCCESS

SU BD IV ISIO N W O RK IN G CA PITA L An Invest or/ developer w as undert aking land subdivision. The inst it ut ional const ruct ion and draw dow n finance has been approved. They required addit ional w orking capit al t o com plet e t he prelim inary w orks. The prelim inary w orks w ere a condit ion precedent t o draw ing dow n inst it ut ional funding. The solut ion w as t o offer an unregulat ed advance t o t he corporat e borrow er. The Take Out Plan w as t o undert ake developm ent and repay t he advance from sales proceeds. $215,0 0 0 | 55% LVR | 12 m on t h t er m | 8.95% p.a. | 12 m on t h I n t er est Reser v e PRO PERTY A M A LGA M ATIO N Invest ors w ere purchasing resident ial propert ies for fut ure developm ent . The com plex w as joint ly ow ned in a Unit Trust st ruct ure. The equit y w as being cont ribut ed from invest ors ow n resources and ex ist ing facilit ies. Inst it ut ional lenders w ere unw illing t o assist due t o st ruct ure and m acro servicing issues of t he invest ors personal debt . We offered an unregulat ed advance as t he propert ies w ere w ell locat ed w it h current rent al pot ent ial. $1,0 50 ,0 0 0 | 65% LVR | 12 m on t h t er m | 8.95% p.a. | 12 m on t h I n t er est Reser v e LA N D BA N K FUN D IN G A propert y developer w as acquiring land banks for fut ure developm ent . The client specialized in sm all scale resident ial land funded t hrough a com binat ion of ow n resources and equit y funding. Inst it ut ional lenders w ere unw illing t o assist due t o t he lack of pre-sales. The solut ion w as an unregulat ed advance as t he developer had a t rack record of sim ilar successful project s and t he Take Out Plan involved creat ing t it les and selling as house and land packages. $155,0 0 0 | 55% LVR | 12 m on t h t er m | 8.95% p.a. | 12 m on t h I n t er est Reser v eCOMPANY PRESENTS | HOW TO FIND SUCCESS

RESID EN TIA L TRA D E D O W N RESID EN TIA LAn older ret ired couple w ere dow nsizing a A self em ployed business operat or w as purchasing aresident ial ow ner occupied purchase. They w ere residence w it h developm ent pot ent ial. The w ellself-funded ret irees and w ell asset backed. An locat ed nort hern Pert h beach side suburb w asuncondit ional offer an a new residence w asaccept ed. How ever, bank funding w as declined due capable of subdivision int o t w o Lot s, but w as not yett o t heir ow ner occupied st at us, t heir age, incom e approved. The ex ist ing residence w as freehold. Theand no end debt . peak debt w ould t em porarily ex ceed servicingWe offered a regulat ed advance as ex ist ing residence st andards.w as freehold and t hey had a subst ant ial deposit fromex ist ing cash reserves. The Take Out Plan w as t o sell We offered a regulat ed advance as it w as an ow nert he larger residence and repay t he bridging advance occupier, alt hough t he rear lot w as t o be subdivided.in full. The ow ners had equit y from sim ult aneous$2,0 0 0 ,0 0 0 | 35% LVR | 12 m on t h t er m | set t lem ent of ex ist ing residence. The Take Out Plan8.95% p.a. | 12 m on t h I n t er est Reser v e involved obt aining Developm ent Approval, split t ing and selling t he rear lot ( w hich w ould clear proposed debt ) . $1,250 ,0 0 0 | 60 % LVR | 8.95% p.a. | 6 m on t h s I n t er est Reser v eCOMPANY PRESENTS | HOW TO FIND SUCCESS

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