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Southern Cross Partners
Looks like peer to peer real estate mortgages. Basically instead of a bank (unlike when LC get security over a property when it could be a 2nd ranked mortgage, caveat?) so should provide pretty good security.
http://www.southerncrosspartners.co.nz/
http://www.southerncrosspartners.co....e-Dec-2016.pdf
Anyone involved?
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Member
How do the mortgage interest rates compare to the banks' rates? Or is it borrowers who have been turned down by the banks?
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