Land Subdivision Loans
Land subdivision loans are specialized financing options designed to fund the costs when a plot of land is divided into smaller lots. These loans cover expenses related to the subdivision process of the land, such as council application fees, infrastructure development like roads and utilities, surveyor fees, and legal costs. Sometimes, land subdivision loans also help you cover other costs associated with the preparation of the land for development or sale. These loans are usually used by developers or investors who plan to subdivide land for commercial or industrial purposes.
Before applying for a land subdivision loan in Australia, you must have a complete awareness of the application process. The application procedure involves providing the lender with complete and detailed information about the project. This involves but is not limited to the development or construction project’s plans, land surveys, council approvals, and many more. The LVR or Loan-to-Value Ratio for a land subdivision loan is generally based on the particular project and the financial situation of the borrower.
Make your land subdivision project a reality with Commercial Construction Loans
Commercial Construction Loans is one of Australia’s leading companies dealing in commercial loans and support investors or developers accomplish their goals. We have a specialty in land subdivision loans, which are designed to help developers in subdividing property into 2 separate titles. We aid developers or builders all the way up to rezoning big regions of commercial properties of separate lots. If you are a builder, owner, or contractor, of course, you need reliable and quick funding for your project in Australia; we have come to your rescue and brought great opportunity your way.
We provide different types of land subdivision loans in Australia. The type of loan needed to finance your project hugely depends on its scale. Unquestionably, smaller construction or development projects can often be financed through a top-up, construction loan or a mortgage refinance if enough equity is available.
Regular home loans are adequate when you are going to subdivide your block into 2 lots. This is why there is no need for delving into the highly specialized reality of commercial finance. You may also apply for loans, which feature a construction loan component when you are planning to build new homes on subdivided lots.
But when you are involved in a large construction or development project in Australia, you require more than commercial finance. Of course, when there is a land subdivision process involved, it is the time you go for a land subdivision loan process in Australia. We are an ideal choice for your land subdivision loan needs and preferences in Australia.
With land subdivision loans, you will receive benefits such as:
- By subdividing a large piece of land into smaller lots, developers or investors can increase the overall value and profitability of the property.
- These loans are flexible. A developer can lease, sell, or develop the subdivided portions of the land based on their business strategy.
- Since these loans are calculated according to the projected end value of the construction, it can end in higher borrowing power for a developer.
What do we offer?
At Commercial Construction Loans, we offer land subdivision loans to investors and developers in Australia. We offer:
- Easy application process
- Quick loan approvals
- Easy disbursement in stages
- Competitive interest rates
Our experts will examine your case and tell you how much you qualify for and also let you explain all the terms and conditions related to these loans. With us, you will find the most competitive interest rates for a land subdivision loan. By proceeding step-by-step, your subdivision project can give you the biggest return on your investment, but only if our specialists are with you in this venture. So, what are you waiting for? Just give us a quick phone call and share your needs with our specialists, who can help you get started on a land subdivision development project today!