Using A Construction Loan, You Can Build Your Ideal Home.
About Us Secured Capital Investments are specialists in providing short-term loans that are secured by property and for business and investment purposes. We also make a lot of loans for real estate development.
Construction loans are a type of short-term loan that can be used to pay for everything you need to build a new home, business structure, or garage.
Construction loans for real estate are offered from a variety of institutions. The construction loan could be used for an investment, land purchase, or the construction of a home or commercial property.
Construction loan payments are dependent on the outstanding loan balance during the construction phase, and you can usually make an interest-only payment. A construction loan is a short-term loan with a period of less than one year.
You get the money you need to finish your building project, just like the line of credit in the construction loan. The nicest part about a construction loan is that you only have to pay interest on the money you borrow.
The construction financing will come to an end after the construction is completed. Construction loans, on the other hand, are less popular due to their higher interest rates. The construction loan could be utilised for a variety of purposes, including land acquisition, excavation, framing, and building completion.
Contact Us Address: 1 Farrer Place, Sydney, NSW 2000 Call us: +612 8599 9856 www.securedcapital.com.au