Property Shortfall Loan
Unexpected property loan shortfall? We secure fast solutions—whether it’s auction deposits, refinancing gaps, or settlement emergencies.
How It Works
A Property Shortfall Loan helps cover unexpected funding gaps during property settlement — ensuring you don’t lose your deposit or face penalties if your main mortgage doesn’t cover the full purchase price.
Ideal for
- Buyers who face a last-minute bank valuation shortfall
- Clients needing quick top-up funds for closing costs
We equip leaders with strategy and vision
At Convergence, we help you build your financial portfolio by strategically planning your investments to safeguard your wealth for the future. While you’re working towards establishing your career and bolstering your family financially, an association with us will futureproof/bulletproof your retirement.
Key Details
Convergence Finance provides fast, flexible shortfall loans to bridge urgent property funding gaps, offering amounts up to 10% of your property's value with short-term repayment options (3-12 months).
- Loan amount : Typically up to 10% of the property value (subject to assessment)
- Term : Short term — 3 to 12 months
- Repayment : Lump sum or instalments, with clear schedule
- Security : Caveat registered on the property title
