Citywide Lending works in partnership with many different lenders to tailor a development loan to meet your need’s no matter how small or big the project may be. We have been working with builder’s and developer’s for many years and understand how important the role of Finance plays in achieving your dream. We specialise in Construction and we make the process as simple as possible. Construction loans can be structured in many ways depending on what the situation is and the lenders policy but it generally work’s like this. Loan funds are drawn down in stages as the builder reaches agreed milestones. The lender uses an independent expert to monitor the construction process and only makes progress payments once the builder has reached certain objectives.
We specialise in the following
Residential homes and construction • Renovations • Duplexes • Townhouses/Villa’s • High rise/ multi unit developments
Our lenders offer the following benefits
• Competitive Interest rates • Flexible repayment options (Capitalisation of building costs, interest and fee’s -depending on the deal) Most Lenders only require interest payments on the loan during construction phase but again every deal is different. • Structured draw downs • Flexible terms and conditions
If you would like to meet with one of our relationship managers please fill out the form below or contact us on 1300 44 56 26.
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Apply Online now to receive a call within 24 hours.
GURANTEED!!!
Click here to meet the Team.
We are always looking for great new talent to join the team.
For all other enquires please call 1300 44 5626 or email info@citywidelending.com.au
