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Westerly Mortgage Trust

Lender Hong Kong based Trust established in 1992
Security First charge over Applicant's Project plus 10% of the Loan Sum deposited with the Trust, returnable upon repayment of the loan. The 10% can be in the form of cash or another bankable Instrument.
Currency USD or Euro
Term 15 years
Interest Rate Zero however the Trust will require to hold 29% equity in the Applicant's project.
Loan to Value Ratio 100% of cost
Minimum Loan USD 100 million or Euro equivalent. Lesser sums will be considered in certain circumstances.
Processing Costs Zero

All Applications Must Be Submitted In English

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