Settled: How Semper Funded Over Contract Price with a $3.75M Low-Doc Loan

Semper Secured Investments Pty Ltd recently delivered a $3.75 million low-doc loan to fund the purchase of a Queensland investment property — exceeding the contract price applying the current as-is market value.

This transaction demonstrates the benefit of private capital flexibility and Semper’s fast-turnaround funding, showcasing the power of lending against an as-is market value rather than contract price. The result: a 100%+ LVR loan that allowed the clients to settle in full, despite rising costs and a critical deadline.

Loan Snapshot

• Loan Amount: $3.75 million (low-doc loan)

• Contract Price: $3.4 million

• LVR: 100%+ of contract price

• Security: 5-bedroom apartment, Queensland (investment property)

• Loan Term: 12 months (6 months minimum + 6 months prepaid interest)

• Interest Rate: 10.5% net to borrower

• Lender: Semper Secured Investments Pty Ltd

The Challenge: Rising Costs, Contract Pressures, leaving No Room to Move

The applicants had committed to a property purchase off the plan in 2021. As completion neared, they were issued a rescission notice — placing them under immediate pressure to settle.

The project had suffered cost overruns, with increased construction and delivery expenses passed on to purchasers through a Deed of Variation. To extend the contract and complete the purchase, the buyers were required to contribute additional funds beyond the original contract price — including stamp duty and legal costs.

Traditional lenders were unwilling to provide finance above the contract price, and 2nd tier lenders could not complete in time, leaving the applicants unable to complete the transaction through more conventional channels.

Semper’s Solution: Lending Against As-Is Market Value

Semper stepped in with a bespoke low-doc loan structured to meet the total settlement requirement — not just the purchase price, but all associated costs.

The key difference? Valuing the property “as-is, where-is”.

Rather than limit funding to the contract price, Semper commissioned an independent valuation based on current market conditions. The valuation showed significant uplift from the original off-plan price, providing sufficient equity to justify a 100%+ LVR loan.

Key Elements of the Deal:

• Loan sum exceeded contract price: Funding was based on actual market value, not outdated purchase terms.

• Full settlement support: Stamp duty, legal fees, and the increased contract amount were all included.

• Fast approval and settlement: Semper delivered the loan within tight timeframes, avoiding costly delays.

• Low-doc structure: Documentation requirements were streamlined, ensuring a smooth process for the borrowers.

The Outcome: Full Settlement Secured — On Time and On Terms

The transaction was settled in full, with no delays or shortfalls. By leveraging current market value and providing a tailored low-doc loan, Semper enabled the clients to retain the property, avoid penalty fees, and sidestep the risk of contract termination.

This case underscores how Semper’s innovative approach to lending — and flexible use of LVR — can unlock opportunities that traditional lenders simply won’t touch.

Why Brokers and Borrowers Choose Semper

• Willing to lend above contract price when market value supports it

• Experts in low-doc loans with fast settlement capability

• Flexible funding terms, even under pressure

• Creative solutions for rising costs and changing contract conditions

Need a fast, flexible low-doc loan for your client?
Whether it’s to cover a shortfall, settle fast, or go beyond the banks — Semper can help.

Contact us today to learn how a smart approach to LVR and valuation can make all the difference.