Bank Finance No Presales Builder/Developer - Queensland Finance Group – Construction Finance – Investment Finance – Development Finance

Recent Transactions

Bank Finance No Presales Builder/Developer

Posted at February 10, 2015 | By : EMoore | Categories : Recent Transactions | 0 Comment

Purpose of Loan: To fund the development of 9 x 2 bedroom residential units in Northgate

Loan Limit: 1st Mortgage – $2,140,000

LVR: 1st Mortgage – 70% of Total Development Costs excluding GST

Loan Term: 12 months

Facility Type: Construction facility

Presales: Nil