Before you commence any construction project, it is crucial to first understand how much you can borrow.
Before you commence any construction project, it is crucial to first understand how much you can borrow and how you will be able to manage all associated costs of the development.
While financing a construction project can feel like a daunting process for both new and sophisticated investors, having a mortgage broker by your side can make the process easier.
With access to over 50 lenders, including major banks, non-bank lenders and private funders, our team can help you secure a loan from anything between $1,000,000 to $500,000,000.
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The feature of a Construction Loan involves a number of stages.
To qualify for a Construction Loan, it is mandatory that you provide council approved plans and a fixed price tender from a qualified registered builder. During the construction of the property, a copy of the builder’s insurance must be valid.