Purpose
What the funding is intended to support, and the outcome being considered.
PROPERTY & DEVELOPMENT / FINANCE SOLUTIONS
Development finance
Finance associated with property development projects.
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Finance shaped
around the brief.
Finance associated with property development projects. The right questions depend on the purpose, structure and timing of each request. Monteus can confirm current services and requirements directly.
Structure
The business, property or asset context relevant to the finance discussion.
Timing
Key dates, milestones and information needed to assess the next step.
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Development Finance
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Besides pledging additional security for the loan, you will probably also be asked to provide the lender with something else, which can include:
If you are planning a large-scale project or a project from the ground up, development finance is available to cover both land purchases and building costs. Developers buying property for $500,000 and building properties on it for $1.5 million might have a lender finance 65% of the land purchase and 75% of the building.
Get more information about what kind of loan you qualify for by contacting Monteus.
Development loans tend to be complex, so not every mortgage broker or lender can provide them. Monteus will guide you through all of your loan options in detail so that you can choose the best loan for your situation.