Financethatgivesyourbusinessroomtomove.

Property development loan

Structuredevelopmentfundingwithconfidence.

Information that you will need to provide us to source the best deal based on your situation:

Our role

• Details of the site or building: this includes the value, location and the price of the site or property
• Development costs
• Development appraisal
• Planning permission details: what you are intending to build and what permission you have already for the site
• Gross Development Value details (this includes providing evidence of the expected end value to the lender)
• Who the main contractor will be
• Who will be the project manager for the development finance project
• Company structure
• Asset and liability statement for the company directors or applicants involved

Non-bank finance

Flexiblelendingwhentraditionalbankssayno.

You might not have heard of the term ‘Non-Bank Lending’. This financial concept refers to individuals, businesses or other financial institutions that provide borrowers with finance. They are a great choice if your mainstream bank said no, or if you have a weak credit history, are self-employed, or looking for a second mortgage. Non-bank lenders are typically very open to structural flexibility and usually show an innate willingness to take risks that mainstream banks would usually shy away from. They assess every individual on a case-by-case basis and are more inclined to make exceptions.

The truth is that banks must follow strict regulatory guidelines. These rules mean that even the most trustworthy borrowers occasionally face unexpected lending roadblocks. And for prospective buyers with a poor credit history, acquiring a home loan through their bank only gets more challenging.

If your bank has said no to your loan application and you are unsure what to do next, Home Loan Advocate can assess your situation, consider your needs and explore the alternative non-bank lending options you may qualify for.