ACMFinance

18/01/2022

Recent Case Study: $30.2m Construction Loan | 73% LVR | Competitive Blended rate facility.

Overview: Whilst the project had strong financials and fundamentals, with only 10% presales, many additional buyers were waiting for construction to start. The client had worked with his bank for 20 years but unfortunately the bank advised they would not fund the project.

Solution: We structured a single mortgage solution stretched to 73% LVR. ACMF ranked last in the debt structure. The project successfully commenced and our client was happy knowing the funds were paid promptly to the builder and settled fast.

Result: The project started with basement completed earlier than expected, sales accelerated at full asking price.

If you or your clients are in a similar scenario, call us to discuss your options: 1300 125 868 or email: [email protected]

14/04/2021

Are you seeking construction finance with rates from 6% pa with nil presales? $31.400m approved today after 4 weeks of due diligence as a result another major project gets off the ground thanks to Australian Commercial Mortgage Fund (refer to ACMFinance.com).

Why did this get approved by our credit team? Simple. We sought to change the builder with a suitably qualified experienced builder having a top class internal management team made approval a no brainer!

Construction Finance from 6.5% pa asset lend assessed no pre sales below 60% LVR

If you have a project with 25% pre sales LVR limit is 72% stand alone. Email The Team at ACMFinance [email protected] with a 2 page summary or call 03 9002 1800

We are a specialist Property Development Finance company. We package up finance to complete the transaction from construction finance, to development site funding, short term funding & commercial mortgages.