Prudential Finance property development finance rates start from 9.5% per annum . Loan amounts for construction loans are from $20M to $250M. Establishment fee 1.5% per anum
Most private construction loans lenders are charging 12% per annum plus, then a 2% establishment fee for loans over $20M.
Property development finance rates for loans over $150M to $500M plus can start from 13% per annum to 15% per annum.
Sub $20M property development finance rates start from 9.5% per annum to 12.5% per annum. Establishment fees 2% of total loan amount.
More about development finance.
Property Development Finance Rates
Our experience in property development and development finance provides you with an edge in the market and we will endeavour to achieve the best property development finance rates for our clients.
Whether you are a conservative property developer seeking low interest rate finance from a Bank, Building Society or a developer seeking more flexible funding facilities from private lenders with no presales or mezzanine finance for higher gearing and less equity, Prudential Finance will provide a funding solution to cater for your requirements.
Property development joint ventures are available on a project by project basis.
Prudential Finance has Mortgage Funds, Private Lenders & High Net Worth Individuals who will lend construction loans without the need for presales prior to commencement of construction.
We have very large investors that can provide 1st mortgages and 2nd mortgages up to $50M or more for projects that do not comply with normal Bank criteria or the loan amount is too large for a private lender or mortgage fund to finance.
A property developer’s ability to acquire new projects directly relates to the amount of equity/cash the developer is required to contribute to the project. read more
The talented Prudential Finance team headed by Brett Collins has unparalleled depth of development and development finance experience, who can relate to the financial needs of property developers.
Partner your development finance and construction loans with Prudential Finance
Sydney – Melbourne – Brisbane – Perth
Call Prudential Finance today on 1300 550 669