Development Lending
Contact our BDMs for the latest rates
About Development Lending
- Max LVR: 70% Net GST of GRV
- Min Loan Amount: $10,000,000
- Rate: from 8.49% P.A.
- Lower Pre Sales Requirement
- No Credit Limit Applies
- Quicker Commencement of Construction
Loan Period and Rate
7 - 18 Months
- Interest rate from 8.49% P.A.
- Line fee from 2%
Contact our BDMs for the latest rates
Product Summary
| Loan Amount | Minimum $1,000,000 |
| Maximum LVR | 70%, Net GST of GRV (Gross realised value) |
| Loan Term | 7 – 18 months |
| Borrower Type | Company |
| Security Position | First Mortgage Position (May consider to provide mezz debt to existing clients only) |
| Repayment Method | Clear Exit Strategy |
| Location | Brisbane, Sydney, Melbourne, Adelaide, Perth & Gold Coast. All other locations are considered on individual merit. |
| Establishment Fee | From 1.5% |
| Line Fee | From 2% p.a. |
*Please contact one of our BDMs for more information on our Short-Term Lending products. Alternatively contact us via email or submit an enquiry online.
Loan Calculator
Genworth Calculator
Recommended serviceability pass rate NDI 1.1：1
We take 80% of existing rental income into servicing for investment property.
* The comparison rate is based on a secured loan of $150,000 and a term of 24 months.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.