1800 123 PUSH (787)
Development / Construction Loans
Australia’s demographic landscape is undergoing a transformative shift, reshaping the urban and suburban environments across the country. A prominent trend in recent times is the escalating demand for low-rise, higher-density living in small to medium-sized developments. This involves the revitalization of suburban areas in sought-after metropolitan locations, converting single or multiple traditional housing blocks into higher-quality apartments or townhouses.
Aligning with this evolving landscape, Push Capital emerges as a reliable partner, boasting a track record as a credit specialist in small to medium-sized developments. Our approach is marked by stability and reliability. We extend our support to developers and builders by also arranging finance for completed residential stock (residual stock).
Be Part of The Evolving Landscape of Development
We support small to medium-sized, low-rise residential developments. While these assets may not boast the same high-rise and high-profile nature as other development projects, we consider them a high-quality and integral component of the Australian property landscape. Push Capital stands committed to supporting this trend, offering valuable and lasting outcomes for all participants.
Our focus lies in arranging finance as senior debt during the development stage of assets. This aligns with our comprehensive lending options. Key aspects of our approach include:
- Flexible Pre-Sales Requirement
- Interest Capitalised During Development Stage
- Take-Out Finance Available
- NO Line Fees
High-Quality Residential Assets
We prioritise developments that result in high-quality and marketable assets upon completion, supporting a seamless transition to the market.
Prudent Lending Terms
Push Capital maintains a commitment to prudent lending terms, ensuring a secure and sustainable financial arrangement.
Transparent Development Pathways
We prioritise developments with well-understood, straightforward, and reliable exit pathways, including necessary approvals and construction requirements.
Predictable Timeframes
We recognise the importance of predictable and relatively short-term timeframes for our stakeholders.
Standardised Deals
Push Capital engages in relatively standardised and comparable deals, providing a clear and efficient process for all parties involved.
Experienced Developers
We collaborate with experienced developers boasting high-quality track records, often seeking repeat funding.
Ongoing Deal Flow
Our involvement is driven by strong and continuous deal flow, reflecting the long-term relationship we have with quality developers.
FROM INDIVIDUAL RESIDENTIAL SIZE PROJECTS TO SMALL/MEDIUM DEVELOPMENT PROJECTS
Construction Loan Features
Our Construction loans suit applicants looking to complete construction of a single dwelling right through to developers looking to complete small medium development projects.
LOAN PURPOSE
Construction of small to medium scale Residential and Commercial developments.
MAXIMUM LVR (SINGLE)
75% – $2,500,000 Loan Amount not to exceed 80% of the total development costs
ACCEPTABLE SECURITY
Construction of Residential and Commercial properties.
MAXIMUM LVR (MULTI)
70% – $5,000,000
65% – $25,000,000
Loan Amount not to exceed 80% of the total development cost
ACCEPTABLE LOCATIONS
Metropolitan post codes. Most regional locations considered.
MAXIMUM LOAN TERM
Single build: 30 years;
Development finance: 2 years
MINIMUM LOAN AMOUNT
$500,000
REPAYMENT TYPE
Interest only. Single build loans can revert to Principal and Interest upon completion of construction
MAXIMUM LOAN AMOUNT
Single dwelling $2,500,000
Multi dwelling $25,000,000
MAXIMUM INTEREST ONLY TERM
2 years
INCOME VERIFICATION (DEVELOPMENT FINANCE)
Interest will be capitalised during the construction period within maximum LVRs
CLIENT TESTIMONIALS
We give you the best service
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WHY CHOOSE US
We bring
fairness
to financing
providing superior service, sound guidance, and improved mortgage options.
97%
approved on submission
95%
a discount on their rates
