How it works:
1. Complete application process
2. Solicitor Request for Information (RFI) issued
Assessment can only be completed once (RFI) received.3. Loan assessment
Allow 2 weeks.4. Loan approval
We advise your solicitor directly.5. Loan confirmation
Loan documents & solicitor's irrevocable instruction received.6. Funds transferred
Allow 2 business days.
Are your inheritance assets taking a long time to sell? Inheritance Funding gives you money up front and fast.
Finalisation of a deceased estate, or distribution of a will, can be stressful for all concerned. In many cases, assets such as family homes may need to be sold and proceeds apportioned between a number of beneficiaries. Don’t allow bereavement in the family to tie up these assets.ASK Inheritance Funding helps you to access your entitlement when you need it most by lending a portion of the expected payout. The loan requires no monthly repayments and is repaid directly from your settlement.
Inheritance Funding can provide financial solutions from as little as $5,000 and can be used for a range of daily living expenses - avoiding unnecessary stress at a time when financial support can relieve a short-term problem.
Your advance can be used to cover:
- Legal Costs
- Out-of-pocket expenses
- Family Bills
- Repairs
- Valuations
- Travel expenses
- Other expenses
What security do you require?
Usually real security by way of equitable mortgage supported by a caveat or in some cases a registered mortgage.Do I need to make repayments during the term of the advance?
You repay the loan only when your estate entitlement is received.Can I draw funds as required or does it need to be drawn in a lump sum?
Funds are paid into a Solicitor's Trust Account and are accessed on 'as needs basis'.How long does the assessment process take?
Assessment is generally completed within 2 weeks.
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