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ThinCats Offers New Loan Product through Alliance with DomaCom
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ThinCats Offers New Loan Product through Alliance with DomaCom

ThinCats Offers New Loan Product through Alliance with DomaCom

Fintech Nexus Staff·
Asia/PacNews RoundupOnline Lending
·Nov. 30, 2016·1 min read

A partnership with DomaCom has helped ThinCats Australia offer its first mortgage loan on residential property; the funder of the firm’s first mortgage-backed loan requested a loan-to-value ratio of 36% resulting in a A$212,000 interest-only loan with a term of 24 months and interest rate of 6.5%; prior to the residential property lending expansion, ThinCats has primarily been focused on small business loans.  Source

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    Fintech Nexus Staff

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