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PRIVATE MORTGAGE LOANS

Loan Statements
Loan statements will be issued when the loan is repaid and compiled by us from information provided by the Lender.

As the loans are “interest only loans”, meaning you only repay the interest amount for the use of the funds, the capital amount, the original amount of the loan, is not reduced, and is repaid in full at the end of the loan term.

​​​​​​​Arrangements can be made for the reduction of the principal amount at any time during the loan term, subject to approval by the Lender.