Development and Construction Loan
This facility allows property developers and investors the opportunity to finance construction of residential and commercial property.
| Loan Type | Interest Only or Interest Capitalising for terms up to 12 months | |
|---|---|---|
| Minimum Amount | $250,000 | |
| Interest Rate | Variable Rate | (90 Day Bank Bill + Margin) Rates & Fees |
| Security | Eligible commercial & residential property | |
| Redraw | Available on variable rate loans | |
| Loan Splitting | Available (minimum split $20,000) | |
| Establishment Fees | Application, Valuation and Legal fees may apply. View Fees |
|---|---|
| Ongoing Fees | Progressive drawing fee may apply
Rates & Fees
No account keeping fees |
Fees and charges apply. Terms and conditions available on request. Applications are subject to credit approval.
Rates, Fees & ChargesAdditional Forms (PDF)
Contact ME
- Product Enquiries
-
Personal Ph 13 15 63 Business Ph 1300 658 108 ME Contact Centre open Mon - Fri 8am - 8pm. Sat 9am - 5pm (EST)
- Existing Customers
-
Personal Ph 1300 654 998 Business Ph 1300 658 108 ME Contact Centre open Mon - Fri 8am - 8pm. Sat 9am - 5pm (EST)
- Phone Banking
-
Personal Ph 1300 654 998 Business Ph 1300 658 108