02/06/2026
Check out this 2,032mยฒ lot we successfully financed and now pending settlement ๐ค
Most people just see a big lawn and a long driveway ๐
Our client is a builder and knows the area well, so to him this is a 5 lot subdivision with ability to construct 5 separate stand alone homes ๐ก
Securing the site:
Traditional lender was not an option in this instance so we went to a non bank lender after all our initial due diligence was conducted.
Company borrower โ
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Interest only loan facility โ
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40 year loan term (YES a 40 year term) โ
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Favourable servicing โ
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Purchase treated as a standard investment purchase, not a development site as there is no DA in place โ
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Construction funding will be equity release and sale proceeds via other properties โ
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The takeaway? Don't get stuck trying to force a square peg into a bank's round hole.