Construction Lending Parameters

First Mortgage Interest rates equivalent to 8.0% - 8.5% pa range on usage limited up to 65% based on monthly drawn amounts circa 5.5% pa based on being fully drawn on a 1 year project.

Secondary Mortgages to make up the balance of capital to 75%.

Equity investments – Property Development only (residential).

Pre-sale flexibility, not required if the land is debt free or below 60% LVR. Assessed based on area demand, product type / demand borrower balance sheet strength, and business plan.


We are asset based lenders, not cash flow lenders. Banks rely on cash flow, serviceability & pre-sales to cover their debt via serviceability. We rely on the underlying asset values being created, project team skills, ability to sell down when completed and profitability. Investor reporting onsite visits area demand for the product being developed, general project competitiveness, quality of the product for example.

When there is a good profitable project, we look for the solution and try hard to make it work many times placing our own capital when we believe in a strong profitable project.

It’s pointless having the cheapest rate with strict requirements but not enough capital to meet the construction budget. We have strong relationships with our investors which allows us to combine our funds to provide a complete finance package. This is why we have succeeded in funding difficult loans having a quality project proposal.


Asset lending based on asset values / product demand / borrowers business / repayment plan. All funding is subject to the availability of funds at that time. When Loan Offers are issued, they have a cut off time frame for acceptance to secure funding.