Finance for Builders and Property Developers

Funding for each stage of a project, from the first build to the last unsold unit.

Call 0401 222 353

★★★★★5.0 from Google reviews

Excavators loading a tipper truck during bulk earthworks on a development site

★★★★★

Joseph Alam

He came from a place of understanding

Getting a loan was difficult for me but not only did Joe get the loan done, he came from a place of understanding. Highly recommend and when I need to refinance at any stage I know who to see.

★★★★★

Will M

Great experience from start to finish

Great experience from start to finish. Joe was professional, responsive and transparent throughout the entire process. He explained everything clearly and made it easy to move forward with confidence. Highly recommend for anyone looking for reliable and trustworthy financial services.

★★★★★

John Safi

Easy the whole step of the way

Dealing with Joe was really easy the whole step of the way. He made it so easy to consolidate all my debts and get the best deals for me.

★★★★★

Jack Roberts

Always gets you a great deal

Great mortgage broker. I have worked with Joe across multiple loans and never had any issues — efficient, professional and always gets you a great deal!

★★★★★

Emilio Ayoub

Smooth and stress-free

Joe was awesome to deal with. Super knowledgeable, easy to talk to, and made the whole process smooth and stress-free. He explained everything clearly and worked hard to get the best outcome for us. Highly recommend Settled with Joe if you're looking for reliability, transparency and quality.

★★★★★

Nick Jr Constantin

Clear and stress-free

Great experience working with Joseph during my home loan application. He was knowledgeable, responsive, and made the whole process clear and stress-free. I really appreciated his support and would happily recommend him to anyone needing help with property matters.

★★★★★

Philip Albert

Actually makes the whole process easy

Highly recommend Settled with Joe if you're looking for a mortgage broker who actually makes the whole process easy. Joe was professional, knowledgeable, and always available to answer questions. He handled everything smoothly from start to finish and helped secure a great outcome without the usual stress that comes with finance.

How lenders look at a building or development project

A project lender is mainly looking at the project. They want to know what the finished stock will sell for, what it costs to build, and whether the team can deliver it. That means the feasibility, the building contract, the approvals, and your track record on similar jobs.

Two measures come up on every file. The first is gross realisation value (GRV), what the finished project is expected to sell for. The second is the loan-to-value ratio (LVR), the loan as a share of the property's value. A quantity surveyor (QS) checks the costs and signs off each stage before funds are released. Joseph Farhat and his team prepare the file around those numbers, take it to lenders across our panel of 90+ bank, non-bank, and specialist lenders, and aim for an indicative assessment within 2 business days.

What builders and developers most often bring to us

Funding a new build or development

From a duplex to a block of townhouses or apartments, construction and development finance is approved as one facility and released in stages as the work is completed and checked. Some lenders on the panel will consider projects with reduced presales, priced to suit.

Development finance

A facility ending before the build does

Delays in weather, trades or approvals can leave a project short of its facility expiry date. A refinance can pay out the current lender and fund the remaining work through to completion. Projects past slab are usually the easiest to place.

Development loan refinance

A stalled site after a builder exits or costs run over

When a builder leaves the job or costs exceed the facility, completion finance funds the remaining work with a new builder. Lenders size it on the cost to complete and the finished value.

Construction completion finance

Finished stock still unsold at maturity

A residual stock loan pays out the construction facility on a completed project, so the remaining units can be sold on a realistic timeline rather than all at once.

Residual stock loans

Our pages for builders and developers

Construction finance Development finance Development loan refinance Construction completion finance Residual stock loans Mezzanine finance Land loans Small-scale development finance Tax debt finance for builders Tax debt finance for developers Insurance premium funding

Frequently asked questions

Do I need presales to get development finance?

Not always. Many lenders ask for presales to cover part of the debt, but some on the panel assess on the feasibility instead and accept reduced or no presales, usually at a higher cost. Joseph Farhat and his team will show you which lenders fit your project and the trade-offs between them.

Can the land purchase and the build be funded together?

Often, yes. A construction facility can include the land, sized against the land value plus the cost of the build and tested against the on-completion valuation. Where the land settles first, a separate short-term loan can bridge to the construction facility.

How are funds released during the build?

In progress payments tied to construction stages, such as slab, frame, lock-up and fixing. The QS inspects each stage and confirms the cost before the lender pays.

What if I am a builder developing my own project?

Lenders will consider it. They look at your building licence, your record of completed projects and how the build contract is set up when you are both builder and developer. Some lenders treat this differently, so the choice of lender matters.

Our business has a GST or income tax bill from project sales. Can that be funded?

Yes, in many cases. Builders often face GST or PAYG withholding (the tax taken from wages) due before progress claims are paid, and developers can owe GST or income tax on settled sales while other stock is unsold. Some lenders will fund the ATO balance against equipment, stock or another site. Your accountant confirms the figures first.

Can you tell me whether my project stacks up?

No. The feasibility belongs to you, your QS and your accountant. We are a finance broker, not a financial adviser or accountant. Joseph Farhat and his team tell you how lenders on the panel are likely to view the numbers, and what they would need to see, so you can decide how to proceed.

Access to over 90+ bank, non-bank, and private lenders