Loans Made for Trades

Construction & Development Loans

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Construction Loans for Builders and Developers

Mintwell’s facilitated construction loans are secured for builders and developers as the property is being built and is paid down as the construction advances to completion.

The development is generally valued to the estimate of the on-completion value – with future rental income even considered if the development is an investment property, increasing the amount that can potentially be borrowed.

Owner-Builders and Builder Developers

Mintwell assists owner-builders and builder developers with:

Submitting the applications for the construction & development loans
Receiving conditional approval for the loan amount
Valuation of property to determine the loan amount
Signing the formal loan offer letter to finalise the loan offer
Gathering Documentation for building contract, council approval, insurance etc.
Releasing of funds during construction (referred to as ‘draw down’)

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