Completion Support
Developing a small residential project and had a cost overrun? If the below criteria suits your scenario then we can help.
- Secured by Second Mortgage
- First Mortgage provided by a prime ‘traditional lender’ e.g. a bank
- Up to 4 residential units or lots in a major metropolitan location
- Up to $2M Loan Amount
- No serviceability required, interest is prepaid up to 12 Months
- Up to 65% of the ‘as if complete’ value
- No Presales Required
- Rates are LVR and Postcode dependant from 20.95% to 23.95% per annum
- Pricing for major metro areas provided, all other postcodes considered on application
- Settlement within 5 days of receipt of all outstanding information
- Non-Coded Loans only
Non-coded Loans
Non-Coded Loans are loans that are applied wholly or predominately for business or investment (other than residential investment) purposes.
If the Borrower is an established Australian company, then the loan is deemed to be Non-Coded.
Read a case study to see how we’ve previously helped a Borrower needing finance for completion support.
If you’d like to discuss your scenario then get in touch with:
Shanta Lobo
General Manager – Relationships
