Construction Loans
Need Funding for your Project?
Funding a building project can be time-consuming, and more importantly, cost intensive. If you find yourself short on the finance required to support this, a construction loan is sure to help greatly. Our loans allow you to access funds progressively as you move through the many stages of a project.Whether you plan to make renovations, demolish a property, develop land, or build from the ground up, Gryphon Direct has all your needs covered.
The Benefits of Construction Financing
How Construction Loans Work?
Construction loans help with funding building or developmental projects, and the first significant step is to identify the total amount of required funds required for the construction project. Finding out too late that the finance is not enough to cover the costs would be disastrous. As such, it is essential that this is settled early.Both hard and soft costs must be taken into consideration when finding the total cost of construction. Council permits and architectural plans, among other things, fall under soft costs, while hard costs include labour and building materials.
In addition to all this, it would be wise to factor in a little more funds so you’ll be ready in case anything goes wrong.
Australia’s Trusted National Private Lending Specialist
What are Loan ratios?
Loan to Cost
Loan to End Value
Why choose Gryphon Direct?
- One simple set of regular payments
- Pay less in interest fees and charges
- Follow a clearer timeline to feel more in control
- Credit card, car finance, tax debt, hire purchase, store cards, and other personal loans are all covered.
