Construction & Development

A loan to finance construction, major renovations or subdivision

Residential – usually a small deveiopment where you intend to live in the completed building (or one of them)

Commercial – usually a larger deveiopment where you sell all the completed buildings or subdivided land - presales will probably be required

Usually will include conditions that you must draw down the funds in stages, coinciding with the completion of different stages of the building activity.

Sometimes the fees are higher than a home loan especially fees for progress payments.

Can be structured with multiple properties and multiple incomes to support the project

All enqiuires are completely confidential as governed by the Privacy Act and other State and Federal Acts