News and Announcements

Funding’s Mortgage Investments During Covid-19

  • Published April 06, 2020 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Insights

A message from CEO, Jack O’Reilly:

“I have been investing in mortgages for the past 10 years and enjoy the income they offer and will continue to do so for the months and years to come. My most recent investment was 26 March 2020. I invested $30,000 into a residential property in Melbourne, Victoria.

The process was as it always is. We received a loan application, assessed the creditworthiness of the borrower, obtained a valuation on the security property from an independent valuer, and settled the loan through one of our panelled lawyers, in this case, Gadens.

I suppose the only variation from the norm, was that I was working from home, instead of being with my team in our office on the Gold Coast. But that’s what I wanted for Funding and its investors when I established the business over five years ago; an online investment platform – accessible to everyone, any time, any place.

I know there is an incredible amount of noise at the moment surrounding COVID-19 and its impact on our economy. Despite this however, I am unwavering in my belief that this asset class presents strong opportunities for investors – perhaps now more than ever when one considers the volatility at play in other markets.

Our credit policy has always been cautious and conservative and we consistently factor-in policy and economic changes. Our loan book may be more modest compared to other lenders, but that is a significant reflection of our rigorous credit assessment process.

In our five years we have had 0 losses. That is, all principal and all interest has been returned to our investors.”

To read the full update click here.

About Funding is an award-winning online Mortgage Marketplace for short-medium term property finance and first mortgage investments. Founded in 2015, Funding has lent over $70m in mortgages across Australia. Funding’s investment platform is open to both retail and wholesale investors looking to access short term, first mortgage secured investments with monthly distributions. Our directors and senior personnel have combined decades of experience in mortgage lending and funds management.

We continue to innovate and enhance the mortgage lending space for borrowers and investors alike. We are licensed to offer consumer as well as commercial mortgages and we lend against property types ranging from residential to light industrial and retail.

Register Interest

Capital Raising Tips
Building Your Capital Raising Brand: Strategies for Success

In today’s competitive business landscape, having a strong brand is essential for successful capital raising. In this video, we’ll share effective strategies for building your capital raising brand and standing out from the crowd. From crafting a compelling brand story to leveraging social media and thought leadership, we’ll cover all the critical elements you need […]

Capital Raising Tips
The 3 Stages of a Buying Decision in Venture Capital Fundraising Explained

Raising venture capital requires careful planning and understanding of the investor’s decision-making process. In this video, we’ll break down the three stages of a buying decision that investors go through when considering a potential investment. From the initial awareness stage to the evaluation and decision-making stage, we’ll help you understand what investors are looking for […]

Capital Raising Tips
Avoid These 10 Common Mistakes That Can Ruin Your Capital Raise

Raising capital can be a challenging process for any business, and there are many pitfalls to avoid. In this video, we’ll highlight ten of the most common mistakes that can ruin your capital raise, and show you how to steer clear of them. From failing to build relationships with investors to presenting a weak value […]

Join over 32,300+ sophisticated investors

Join Now