Property Development
If you have arrived at this page we presume you are a seasoned property developer and have experienced your share of challenging times with various levels of management from within the banks and traditional funding sources.
Wouldn’t it be good to bypass all those hurdles?
At Mortgage Excellence we have an associate that has extensive experience in the Mergers & Acquisitions field, and thus has direct access at the boardrooms of the banks and investment companies.
Property Development Finance
There are numerous ways of structuring a Property Development project and at Mortgage Excellence the project is first de-risked, packaged then the required funds are sourced from a combination of Debt & Equity.
Benefits enjoyed by developers who have utilized our expertise to structure and arrange the finance for their projects are;
- Advance of up to 80% of total project costs.
- Whilst on smaller projects funders can lend up to 70% of the end value (GRV) and do not require “Pre Sales”.
- Lending on current market value and not purchase price.
- Reimbursement of capital expenditure incurred to date.
- 100% funding to project completion, upon release of construction certificate by council.
- Funding on the completed value and not just the “hard costs” or “total costs”.
- More projects completed p.a. with the same capital outlay.
At Mortgage Excellence, we will work with you to source the most appropriate and effective method of funding your development project; as there are many factors that will affect the profitability of your project. But as we all know, time and interest will have a major impact on the Return on Investment (ROI).
The amount of Equity to be contributed to each project also plays a major role in determining whether those additional funds could be invested elsewhere.
If you wish to discuss your individual situation please contact Greg direct for a discussion regarding your options.
“
We really appreciated your help. ”
Greg thanks for your assistance in helping Tracy and I obtain the funding for our building project. Prior to meeting you we had spent months with 3 separate brokers who promised the world and delivered nothing. We were unable to achieve any results. After meeting with you, you had a thorough grasp of what we needed. You looked at the deal from a completely different angle.
Due to your persistence and diligence we were able find the funding for our deal. You and your team have handled our business with honesty and integrity. We really appreciated your help.
Ron and Tracy Lucas Allambie
Mortgage Excellence is the Best Choice for Home Loan Advice!
If you wish to discuss your individual situation please contact Greg direct for a discussion. Mortgage Excellence is here to serve you!
