Development

From 9.99% variable rate

Commercial – Our Development Loan is tailored for developers aiming to bring small to medium-sized projects to life. This loan product is designed to support your unique requirements, offering flexible financing options and a deep understanding of the development landscape. We're here to facilitate your projects and help you achieve your development goals.

Key Benefits

Development Potential

Our Development Loan is ideal for developers looking to construct small to medium-sized projects.

Customised Financing

Offering custom financing solutions tailored to the unique requirements of developers.

Project Assistance

We bolster your development projects with flexible financing options and a comprehensive understanding of the development terrain, assisting you in achieving your goals.

Development Finance

Current Rate^: 9.99%

Comparison Rate*: N/A

Security Type: Residential & Commercial security

Loan Purpose: Construction (multi-dwellings/commercial)

Verification Required: Full or Low Doc methods

Personal or Business/Investment Purposes: Both

Minimum Loan Amount: $100,000

Maximum Loan Amount: $25,000,000 (65% LVR), $5,000,000 (70% LVR)

Maximum LVR: 70% (not to exceed 80% of total development cost)

Lenders Mortgage Insurance Required: No

Maximum Loan Term: 5 Years

Repayment Type: Interest Only

Maximum Interest Only Term: 5 Years

Interest Rate Type: Variable

Redraw Available: No

Application Fee (Excl. Val. & Legal Fees): from 1.50% of the loan amount

Risk Fee: $0

Additional Repayments: No

Let's Get Lending From The Expert

We Are Here To Help

Scottie Financial was established because a much better way of delivering Australian specialist lending is available and overdue.
More than ever, brokers and borrowers need a specialist lending partner able to bring them:

✔️ A comprehensive and flexible product range

✔️ Competitive rates with no ongoing fees
✔️ Comprehensive digital operations, delivering faster and simpler approvals across all loans every time

✔️ A highly experienced Credit team equipped to deliver high quality service and results to all business partners.

Contact Us

Target Market Determination

Complaints

Level 17, Angel Place, 123 Pitt Street, Sydney, NSW 2000

* Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly payments. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The interest rate quoted is effective 4th December 2023, the actual interest rate applicable will depend on our assessment criteria. Terms, conditions, fees, charges and Scottie Financial lending criteria apply.