Construction Loans

Construction Loans

Construction projects can be complex and costly, and often require significant financing to ensure their successful completion. At Ownright Custom Finance, we offer a range of construction loan options that are tailored to meet the unique needs of your project.

Ownright Custom Finance provides customized construction loan solutions to help businesses in Australia finance their construction projects.

Types of Construction Loans

At Ownright Custom Finance, we offer a range of construction loan options, including:
Commercial Construction Loan: This loan is designed for businesses looking to finance the construction of a new commercial property. It can cover up to 100% of the construction costs and can be structured to suit your business needs.
Residential Construction Loan: This loan is designed for individuals or businesses looking to finance the construction of a new residential property, such as a house or apartment complex. It can cover up to 100% of the construction costs and can be structured to suit your individual needs.
Renovation and Extension Loan: This loan is designed for businesses looking to renovate or extend an existing property. It can cover up to 100% of the renovation or extension costs and can be structured to suit your business needs.

Eligibility and Requirements

To be eligible for a construction loan from Ownright Custom Finance, you will need to meet certain requirements. These may include:
Proof of income and financial stability
A detailed construction plan and budget
A clear exit strategy for the loan
Security in the form of the property being constructed, other assets, or a combination of both

Disclaimer: This is not an offer for a loan. the application needs to be submitted to the selected lender who will make the final credit assessment.

Benefits of a Construction Loan from Ownright Custom Finance

Tailored solutions: We offer customized financing solutions to suit your construction needs and objectives.
Competitive rates: Our construction loan interest rates are competitive in the market.
Expert advice: Our team of finance experts can provide you with professional advice and support throughout the loan process.
Flexibility: Our construction loans are structured to provide flexibility in terms of repayment terms, interest rates, and loan amounts.

Our Process

1

Initial consultation: Our team will work with you to understand your construction needs and provide you with an initial assessment of your eligibility and loan options.

2

Application and documentation: Once you have chosen a loan option, our team will guide you through the application process and help you prepare the required documentation.

3

Loan approval and settlement: We will work with our lending partners to get your loan approved and settled as quickly as possible, so you can focus on your construction project.

Our Expertise

At Ownright Custom Finance, we have extensive experience in the construction finance industry, and can provide you with expert advice and support throughout the loan process. Our team has a deep understanding of the Australian construction market and can help you make informed decisions about your investments.

Ready to get the perfect loan?