Development finance is specifically aimed at professional parties who want to make use of deferred repayment for specific reasons. One way this type of financing is used is when land developers purchase land.
Development finance is specifically aimed at professional parties who want to make use of deferred repayment for specific reasons. One way this type of financing is used is when land developers purchase land. It is also known as a bullet loan.
Specifically for financing land for construction
Development finance does not include interim repayment of the mortgage. For example, this type of financing is chosen by project developers who purchase a piece of land financed using a development mortgage which is repaid in one go at a later date. In the meantime only interest is paid, as long as Loan-To-Value ratios allow this. We also apply an exit fee to offer maximum flexibility.
Min monthly rate
Flexible fixed-rate period
We like to actively partner with you for this type of financing, also in regard to the fixed-rate period. This period might be 24 months, for instance, with a variable interest component. For this specific type of financing, we work with a type of mortgage loan that involves withdrawing the funds and transferring them to a notary. The fact that we work with a trusted third-party account means that all parties enjoy a high degree of clarity and confidence.
Traditional lenders, such as banks and insurers, often work with complicated, lengthy and expensive procedures. Choose an alternative solution that has been specially developed for the business market. Employ us as your bespoke financing partner. We use real estate as collateral, applying innovative technology and artificial intelligence. Take advantage of our extensive knowledge and experience as we walk you through the process.