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  1. Paul Thewlis

    Construction finance

    It's an option. We've just done a loan for a client where they had 12 townhouses. They had the one builder do all 12 but they sold off 7 to individual buyers as land and construction packages. That meant 7 individual home loans. Then we arranged 5 loans for them spread across two lenders...
  2. Paul Thewlis

    Construction finance

    Sorry to ask another question but there's no point repeating what Aaron_c said. When you say "units", are you talking about an apartment building being strata titled or townhouses on separate titles at completion? Might lead to something creative .. not sure through. Regards Paul
  3. Paul Thewlis

    Construction finance

    Hi Duel, Two questions. 1. How many units are you building on the land? 2. Do you currently own the land and have a mortgage on it? When there is a small number units you can get a home loan type of product. These can be higher LVRs. I've done over 80% loans. But they are based on...
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