Instant Settlement Strategy: The Secret Behind Our 36-Hour Close

On a Tuesday evening, Semper was approached by Remon Basta from Clearpath Financial Management with an urgent lending request. The scenario was high-stakes: a loan application for the purchase of a luxury apartment in Brisbane had already been approved by a Big-Four bank. However, the client was under a rescission notice, and settlement was due. Despite the bank’s approval, they were unable to meet the tight settlement deadline.

This is where Semper stepped in to do what traditional lenders couldn’t— be ready to settle within just 36 hours.

The Challenge: High LVR, Cross-Collateralisation, and a Ticking Clock

While the loan was pre-approved, the situation was far from straightforward. The client’s primary security had a high Loan-to-Value Ratio (LVR), which would typically raise red flags. On top of that, while the borrower was asset-rich, several ancillary assets were cross-collateralised, further complicating the structure.

These are the types of challenges that can stall or derail a settlement—especially under tight time constraints. As any experienced lender knows, navigating cross-collateralised assets and a high LVR requires swift and thorough analysis, legal clarity, and strong professional coordination.

Swift Action and Strategic Collaboration

With limited time, Semper worked in lockstep with Bransgroves Lawyers and with the full support of Remon Basta, to give the borrower absolute confidence in a successful outcome.

Key steps included:

• Instructing one independent valuation while conducting three internal property assessments.

• Confirming prior debt amounts with the bank to ensure correct refinancing figures.

• Verifying outstanding property taxes to ensure no encumbrances on title.

• Notifying the Big-Four bank of Semper’s second mortgage position.

• Issuing and cross-checking legal and proof documents in line with due diligence standards.

These steps, which typically span over a week or more in a traditional lending context, were expedited in under two days. By Thursday morning, Semper had completed its full assessment, all legal documentation had been reviewed and verified, and funds were successfully transferred to trust in readiness for settlement. We were left waiting for the vendor’s lawyer until the following Monday. But the client’s stress was alleviated!

Key Ingredients for a Lightning-Fast Settlement

This case demonstrates how precision, trust, and experience can overcome even the most challenging lending scenarios. It’s not just about moving quickly—it’s about moving confidently within tight parameters. Here’s what made it possible:

• A Strong Broker Relationship: Direct communication between the broker and borrower enabled quick decisions and fast document flow.

• Trust in Semper’s Expertise: The borrower had confidence in Semper’s ability to act where the bank and other lenders couldn’t.

• Direct Banker Engagement: By liaising directly with the applicant’s existing bankers, Semper could verify prior debts without delay.

• Valuation Relationships: An established network allowed a full property valuation to be completed in just two days.

• Exceptional Legal Coordination: The Bransgroves Lawyers team acted swiftly and accurately under pressure, backed by Semper’s clear and prompt instructions.

The Takeaway: Trust Builds Certainty

In private lending, outcomes like this aren’t just about speed—they’re about certainty. When time is short and stakes are high, borrowers need more than approvals. They need the certainty of results.

At Semper, we believe trust, teamwork, and execution are what set successful settlements apart. With a supply chain of professionals who are aligned, experienced, and committed to outcomes, we can confidently offer what others can’t: certainty under pressure.

So, whether you’re a broker facing a complex scenario, or a borrower who’s been let down by a bank, know this—there is a path forward. And at Semper, we’re ready to move when you are.