Construction Loans
Property construction loans available mostly for small to medium townhouse or apartment developments.
As every project is different, we will assess all of your projects, as a guide our lenders are usually ok to lend up to 65% of GRV, sometimes 70% of GRV, you will need to put some equity in, it will need to be a viable project, with a sensible profit margin.
We have regular success with loans of $1M to $10M, so this means small to medium developments, our lenders are ok with landbanks if you are wanting to change the DA to get a higher yeild
We have institutional lenders for the bigger projects, up to $50M, we can also do JV’s with lenders & builders, so if it is viable but not enough equity, we can get equity for you or a JV is the way to get this done.