Find quick answers about our loan products, application process, and commissions here.
For more details, contact our support team.


What types of loan products does Vado Private offer?

Vado Private is a specialised mortgage manager. All loans are secured by a registered first or second mortgage against property asset classes including residential, retail, commercial and industrial for both development and investment. Typically, borrowers include property developers, property investors and small-to-medium sized business owners.

What is Vado Private’s minimum loan term?

Generally, our minimum loan term is three months.

What is Vado Private’s maximum loan term?

The maximum loan term is 36 months.

How quickly can Vado Private assess a loan application?

Depending on the loan complexity and urgency, if required we can issue high level terms within 1-2 hours of receiving a loan application.

Are there any hidden costs associated with Vado Private loans?

We believe relationships are maintained through effective and long-term results, not sales pitches. Vado Private discloses all fees and service expectations in writing. The term sheet will cover all fees.

Does Vado Private provide unsecured finance?

No. In accordance with our credit guidelines, all our loans must be secured by a registered first or second mortgage against residential and commercial property.

Does Vado Private provide construction and development finance?

Yes, Vado Private provides construction finance to facilitate the delivery of residential and commercial development projects.

Does Vado Private require any pre-sales for construction loans?

Generally, we don’t require any pre-sales and this is assessed on a case-by-case basis.

Does Vado accept property security in non-metro areas?

Vado Private does lend in non-metro areas, however facility limit and loan-to-value (LVR) restrictions will apply based on the location category.

Is it mandatory for a borrower to prepay interest on their loan?

Interest does not have to be prepaid. Borrowers have the option to either:

Service interest monthly from date of settlement; or 

Prepay interest in part and then service interest monthly for remaining term; or

Prepay interest for the entire loan term (up to a maximum 12 months)

Can a borrower repay a loan early?

The borrower can repay the loan at any time.

Is there any penalty should a loan be repaid early?

Whilst there are no penalties to repay a loan early, for some loans a minimum interest period applies.

Is the prepaid interest refundable?

Subject to any minimum interest period, a pro-rata interest credit will apply on the prepaid interest amount if a loan is repaid early.