DBR is a privately owned property finance company. The company is owned 50/50 by the interests of Darryl Eastgate and Brett and Ross Lornie. The directors are Darryl Eastgate and Brett Lornie.
The company is funded from shareholder funds of $7.5m plus an ASB Bank funding line of $20m.
DBR is not governed by reinsurers rules and requirements.
DBR provides first mortgage finance at competitive interest rates and fees.
The company focuses on:
- Seeking good quality first mortgage business - the quality of the proposal is reflective of the competitive interest rate and fee
- Providing immediate approvals
- Fostering repeat business by having a fair approach to our customers and the way we conduct business with them
- Minimal pre-conditions allowing quick drawdown
- Offering a competitive interest rate and fee
- Point of contact = point of decision
The company does not act as a mortgage broker and is loyal to the mortgage
broking community.
The company is able to make decisions very quickly and provide loan offers within
hours not days.
DBR understands that some clients will have difficulties throughout the term of the loan - accordingly DBR has a fair approach with our customers and the way in which we do business with them.
Pre-conditions for settlement are not lengthy thus allowing you to get your client from application to drawdown within 2-4 days.
