Our security documents are famous in the industry being used not only by us but also licensed from us by dozens of institutional lenders who issue their own documents in-house. Our security documents consists of two types of mortgage memorandum (simple and sophisticated) which are registered in all states and territories in Australia.
Our mortgage memorandum is used as boilerplate for the Deed of Mortgage, the Deed of Loan, the Deed of Guarantee and the PPSR charge. This ensures perfect consistency and interoperability within the security documents. The results are: thinner security documents, easier comprehension by lawyers advising the borrower and more focus on the variable information and the special conditions.
As our security documents set out all key clauses on the face of the Torrens register it ensures the benefits of indefeasibility accrue to the lender. This means your title is protected against fraud by the