“Toorak’s proprietary funding and credit criteria is explicitly defined to ensure standardized credit quality”
Experience: 20 years underwriting across multiple asset classes and types.
“The multiple layers of loan review efficiently and transparently executed via its ToorakConnect portal promotes funding for liquid properties, in desirable markets from experienced borrowers”
Underwriting Expert
Experience: 30+ years underwriting, mortgage capital, deal management, portfolio acquisitions, lending operations and credit risk management
“Our robust value validation process augments 3rd party appraisals through independent and structural market analysis as well as back testing of appraisal values against re-sale information”
Valuation Expert
Experience: 30+ years as an appraiser/valuation specialist
“We mitigate risk around draw funding by requiring construction budget adequacy, inspection reports and stamped and approved plans among others before construction advances are approved”
Draw Management and Construction Expert
Experience: 25+ years as a builder, developer and supervisor of rehab and ground up construction projects