Low Doc Development Finance

Yes, we work extensively with low doc options for experienced builders and developers who have proven track records. Your project experience, construction knowledge, and deal quality matter far more than having perfect paperwork.

Many successful developers prefer this approach because it focuses on what actually matters, your ability to deliver projects profitably.

Usually 20-30% depending on your experience level, project scope, and the specific deal structure. Experienced developers with strong projects and good relationships sometimes need less deposit. The key is demonstrating you have enough skin in the game while preserving working capital for the actual construction phase.

We cover everything from single house and land packages through to small commercial developments and subdivision projects. If you understand how to build it and can demonstrate the market demand, we can probably fund it. Our sweet spot is typically projects that are too small for major banks but too complex for traditional lenders.

Funding is released in progressive stages based on actual construction milestones, typically starting with land settlement then moving through foundation, frame, lock-up, and practical completion.

You only pay interest on funds that have been drawn down, which helps manage cash flow during construction. We work with realistic timelines that account for real-world construction challenges.

We focus on small to medium developments rather than major projects where you need syndicated funding. Most of our deals range from single dwellings through to 10-20 unit developments or small commercial projects. This size range allows for faster decisions and more flexible deal structures.

With proper plans, realistic costings, and demonstrated builder experience, approvals often happen within days rather than months. The key is presenting a complete picture upfront rather than drip-feeding information. Fast approvals are crucial in development because good opportunities don’t stay on the market long.

Not always, especially for smaller projects or very experienced developers with strong track records. However, presales can significantly improve loan terms and reduce deposit requirements. For larger projects or newer developers, some presales usually help demonstrate market acceptance of the project.

Good development lenders understand that some cost variation is normal in construction and we work with realistic contingencies upfront. We prefer working with experienced builders who know how to manage costs and communicate issues early.

Having proper project management and regular cost reporting helps prevent small issues becoming major problems.