We can offer fast solution based funding for residential, commercial, rural or specialised property.Learn More
Moshav Financial has been successfully funding and supporting large scale residential and commercial property developments for over 19 years. Experience and knowledge can not be underestimated. We can help you understand how much you may need to borrow and give you a clearer idea of how to manage costs when looking for the right loan.
If you are looking to borrow funds for your residential or commercial development project, we can connect you with the network, resources and funding needed to ensure your project is a success. We have a proven track record and established relationships to help facilitate the best results.
There is potential for significantly higher returns from a residential development; however, there is an increased risk attached. There’s more involved in applying for a property development loan than there is in applying for a home or investment loan. Not only will the lender want to assess financial standing and history, but they’ll also need to consider the viability of the development.
Projects that fall into the commercial lending category are often more onerous; in respect of the information and details required to meet additional criteria to the standard criteria that apply to a residential loan application. You can often also expect to pay a higher interest rate.
The most important thing to remember is to choose a builder that is properly licensed and who has experience working on similar-sized projects.
Yes, this is an option. In some cases, the profits generated by selling other properties in the development may be enough to pay off your development loan and keep one of the properties. However, if you don’t have sufficient funds you can refinance to an investment loan.