Commercial & development lending
Construction finance without pre-sales.
Zero pre-sales may be considered for reputable developers where the security, sponsor experience and exit strategy support the proposal.
Indicative parameters
Structured around the project and exit.
| Loan size | NZD $500,000 to NZD $10,000,000+ |
|---|---|
| Term | 3 to 24 months; extensions upon review |
| Leverage | Up to 60-65% TDC/GRV considered for construction |
| Security | First-ranking registered mortgage over New Zealand real estate |
Important context
Every proposal is assessed on its own merits.
Indicative terms remain subject to valuation, due diligence, credit approval and legal documentation. This page is not an offer or commitment to provide finance.