DEVELOPMENT FINANCE

A development loan is a means of gaining finance for a commercial, residential or resort development project. With development finance, you can get the capital you need to bring your project to fruition.

The mortgage brokers at Intellichoice can assist with a flexible and tailor-made development finance solution for your property project, including:

• Commercial offices

• Industrial complexes

• Residential unit development

• Residential land sub-division

• Retail/shopping centres

• Retirement villages

• Healthcare, hospitality and aged care facilities

Development finance for a residential or commercial construction project or land subdivision is very different to your usual home loan or business loan. One of the key differences is that the development loan is drawn to the borrower's funding request, but it also ensures that there are sufficient funds retained to complete the development project.

So if you're planning to build residential or commercial property, we will have a development finance option that suits your needs. Our mortgage brokers have provided development finance for a wide range of clients who specialise in residential, resort and commercial projects.

You can be assured that the mortgage brokers at Intellichoice will work with you to create the best strategy and property development finance package to suit your needs. Your development finance loan is tailored to provide maximum value for your project.

Remember that commercial development finance can be very different from your usual home loan or business loan and you should seek advice from an experienced mortgage broker that specialises in development funding due to the complexities of this type of lending. Furthermore, not all mortgage lenders are the same and there is a good chance your own lender may not be able to support you because of the strict lending criteria.

Intellichoice has access to a wide variety of lenders who specialise in development finance. Call 1300 55 10 45 to speak to one of our mortgage brokers today.