Lite & No Doc Construction


• All construction loans are different from normal home loan because it can be drawn in stages rather than a lump sum at settlement.
• These stages are in line with construction stages and to our satisfaction
• The loan is normally at a variable rate during construction, and you normally make interest payments on the amount drawn and on the holding funds if it is private fund

Individuals (PAYG or self-employed), Investors, Companies, Partnerships or Trusts

Loan Purpose

Loans considered for construction being residential and investment being non Regulated by the UCCC

Loan Features

• Loans give freedom to Build ,develop or take part in the project

Loan Products

All facility is draw down one and double and multiple security acceptable

Minimum Loan Size

$50k Double and multiple security acceptable

Maximum Loan size

$15,000,000 (Subject to the loan scenario and to the LVR) Single security

Loan to Value Ratio

• 70% to 15,000,000 on first (1st) Mortgage (Both Doc ) No Mortgage insurance
• 10% to 1,000,000 on second (2nd) Mortgage (Both Doc ) No Mortgage insurance

Minimum Loan Terms

Interest only from 1year to 5 years
Fixed Rates from 1year to 5 years

Maximum Loan Terms

5 years  Interest only facility

Loan Repayment Frequency

Monthly in advance date can be nominated

Security Type

Residential investment, industrial and commercial only and non regulated

Redraw Available


Split Loan Available


Dynamic Repayment


Additional Repayment

Principal reductions not applicable

Loan statements

Issued Half Yearly (But you can ask us when required we will mail them to you charges apply).

Documentation Required

Subject to the loan purpose, please call 1300 790 909 for more details

Financial Information

Borrowers who can demonstrate serviceability

Qualifying Interest Rate

Please call our consultant on 1300 790 909 for more details

Other Conditions

A. Lo Doc & No Doc Borrowers must be self employed or an Investor , has an ABN number and  registered for GST
B. Income declaration and asset & Liabilities statement is required
C. Cost to complete remain to be held till we are satisfied with the work completed