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Construction & Development Loans

  • Full Doc, Low Doc, No Doc
  • LVR up to 100% construction costs excluding land
  • GRV Upt 75% of end value including land
  • No presales required
  • Bad Credit OK
  • No Financials
  • First Time Investors OK
  • Construction and Development
Construction and Development

Construction and Development

  • Residential Investment
  • Commercial
  • Land Sub Divisions
  • Land Banking OK
  • All States

Scenario

Finance Approved

Constructiont of 11 Units

  • Construction cost $2.7M
  • Land valuation $1.5M
  • Land owes $750K
  • Have a DA
  • Valuation on completion $5.28M
  • No financials
  • First time developer

New loan $3.43M  for 12 months interest prepaid GRV 65% No Presales Required.

Scenario

Finance Approved

Development of 17 Lots

  • Construction cost $1.122M
  • Land valuation $1.2M
  • Land owes $600K
  • Have a DA and all permits
  • Valuation on completion $2.95M
  • No financials
  • No Pre Sales
  • All figures Ex GST

New loan $1.947M  for 12 months interest prepaid GRV 66% No Presales Required.

Terms and Conditions ~
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