Commercial & development lending
GRV and TDC development finance.
Construction finance for multi-unit townhouses, residential developments and light commercial projects.
Indicative parameters
Construction finance criteria.
| Leverage | Up to 60-65% TDC/GRV considered for construction |
|---|---|
| Pre-sales | Zero pre-sales may be considered for reputable developers |
| Term | 3 to 24 months; extensions upon review |
| 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.