DEVELOPMENT AND CONSTRUCTION FINANCE
If you are looking to build your new home rather than buy an existing property, you need a different type of home loan known as a construction loan. A construction loan can also suit you if you are making major renovations to your existing home or to a property you have bought but which needs a bit, or a lot, of work before you call it home.
Draw down funds in stages as your new home is being built
Obtaining Development Funding has become increasingly difficult since the Global Financial Crisis (GFC).
Mint Financial Solutions has various options for Development Funding to suit most scenarios. Whether you have 100% pre sales, or no pre-sales, we understand the importance of tailoring each funding structure on a project by project basis. Banks have ‘tightened the screws’ on development funding although they are still the cheapest option in terms of rate and fees. An outline of the general requirements for this type of funding is:
The Finance Brokers Association of Australia (FBAA) is a national association representing finance and mortgage loan writers throughout Australia.
AMP Accredited Financial Planners have been helping Australians by delivering the right balance of security and performance for over 160 years.
The Tax Practitioners Board provides an overview of our continuing professional education requirements for tax agents, BAS agents and tax (financial) advisers
AFG is now one of the largest providers of mortgage broking services in the country, offering more than 1,400 financial products from Australia’s leading lenders.
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