Financing Your First Property Development with Financely

WHAT IS PROPERTY DEVELOPMENT

Property development can involve various processes, including looking and buying a land, building and construction, and selling at a higher profit margin.

If you are going to develop, you will need someone who understands how property development financing works and the guys here at Financely have been experts in this field for years. We have helped so many property developers with borrowing capacity and have maximised their LVR on these Property Development Loans. Knowing how the Banks think and work is what makes us unique. So, to find out more, please contact us.

WIth Financely, we offer you more than 20 years of experience in financing various property development projects. However, it is critical to understand the two specific types of property project you may opt for:

DEVELOPMENT – Clients with experience in similar projects and a clear exit strategy is what Banks are looking for in the transaction. Serviceability not required in all cases where the Bank has comfort by way of presales in clearing the debt within a specific timeframe.

INVESTMENT – Where the development is for investment purposes. Once again, the Bank’s lending criteria apply, but the underlying requirement needs to be the ability to service the end debt.