Construction Loan

 General Lending Rates

 Product Features

• Other Additional Information: Our property finance specialists will work with you to create and implement customised finance solutions from the ground up.

• Other Additional Information: Our team includes local lenders whose expertise can provide valuable insights for both developers and investors.

• Other Additional Information: An 'Approval in Principle' property loan can help ensure you never miss an opportunity.

• Other Additional Information: We can arrange for interest capitalisation subject to credit approval

• Other Additional Information: A prompt payment process to assist with cash flow.

• Other Additional Information: To find out more call 133 800 or email us for more information

• Other Additional Information: Variable interest rate facility only. Fixed rates are not available, however once the loan has been funded, tranches of the facility can be refinanced to a Fixed Rate Business Loan on request (subject to Credit approval and re-documentation).

• Extra Repayments Additional Information: Subject to terms and conditions, this product has EXTRA_REPAYMENTS option available.

• Relationship Management Additional Information: Relationship management is available for eligible customers.

 Product Eligibility

• Business Additional Information: Your business must be registered in Australia

• Min Age - 18. Additional Information: An individual 18 years and above

• Other Additional Information: A business entity or an individual 18 years and above, domiciled in Australia and require the funding wholly or predominantly for business purposes

• Other Additional Information: Meets the credit criteria and credit policy requirements under an applicable offer for this product.

• Other Additional Information: Customers is an existing holder of a Construction Loan

 Bank Fees and Charges

• Service Charge (Periodic), Amount: 35.00.

• Line Fee (Periodic), Amount: Not Listed..

• Lending Establishment Fee (Upfront), Amount: Not Listed..

• Valuation Costs (Variable), Amount: Not Listed..

• External Consultancy Fee (Variable), Amount: Not Listed.. Additional Information: Fees associated with engaging external consultants eg Quantity Surveyor, Panel Engineer etc. Fee will vary and be quoted individually by consultant as required

• Discharge Settlement Fee (Event), Amount: 350.00. Additional Information: Payable when we agree to discharge a security linked to the facility

 Limitations & Restrictions (Constraints)

• Min Limit of 500000.00