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  1. JIT

    NCCP Act 2009: Lenders not permitted to 'call in' loans unless borrower is in default

    Don't think they do, think I had to sign a waiver for a recent loan, might have to check. Anyway, I recently extracted 200k in LOCs based on old valuations done 18mths prior, though I know that in the current market all the properties values have probably fallen 5-10% or so. Was lucky to get...
  2. JIT

    NCCP Act 2009: Lenders not permitted to 'call in' loans unless borrower is in default

    Hey Shadow! Properties in a PIT or HDT structure don't come under NCCP right? Thanks.
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