Construction Loan Up to $3M in 24 hours.

Product
Flexi Construction Loan
Loan Amount
$500,000 to $3,000,000
Loan Term
6 to 36 months (Including Extensions)
LVR
Up to 55% GRV
Benefits
  • No income requirement
  • No citizen/PR requirement
  • No credit score requirement
  • No cap on age
Repayments
Monthly repayment, lump-sum repayments or a combination of your choosing
Use of Fund
A loan is available to finance residential or commercial construction and development. e.g. start-up constructions, replace development finance on a finished development being held for sale.

Case Study

Request Amount:
$2,500,000
Business Type:
Developer in Miranda
Loan purpose:
Funds for 4 new townhouses and payoff existing private lender loans.
Asset:
Property Metro Sydney valued at $4,500,000 on 1st Mortgage.
Offered:
$2,500,000 with IO for 12 months
Client result:
Resolved fund issue with senior facility of $2.5M for the site reference and construction of 4 townhouses at 55% of the GRV without presale requirement.
Request Amount:
$2,000,000
Business Type:
Development in Western Sydney
Loan purpose:
Loan to build a 6 townhouse residential project in Western Sydney.
Asset:
Property in Metro Sydney valued at $6,000,000 on 1st Mortgage.
Offered:
$2,000,000 with IO for 10 months , plus 6 monthly extensions options.
Client result:
Resolved the clients funding challenge with a facility of $2,000,000 without pre-sales in line with the client’s requirements, on competitive terms and conditions.

How To Apply?

Step 1

Fill out our pre-approval form - it takes only 5 minutes!

Step 2

Receive an immediate decision - upload a few documents for verification

Step 3

Receive your funds in as quick as 1 working day

FAQs

  • What construction loan does Maxiron provided?

    Maxiron Capital work with brokers and direct property developer clients seeking finance for commercial property.

  • Do you only lend if pre-sales have occurred?

    At Maxiron, we accept construction loans with no pre-sales, contact us on on 1300 944 966, we’ll be happy to help.

  • How much can I Borrow for my construction loan?

    This depends on various factors and depending on how much of your own money you’re contributing, you may also need to take out lender’s mortgage insurance. We can arrange this. Speak to our friendly Lending manager on 1300 944 966, we’ll be happy to help.

  • What assets do you accept as collateral for construction loan?

    We accept a wide range of 1st mortgage property security including residential, commercial, industrial and land within Sydney.