We are delighted to announce the launch of our new Alt Doc Construction product. Borrowers of Alt Doc Construction can access financing from $1m to $5m and 70% LVR for a period of up to 18 months.
With no/limited presales or servicing required, the product aims to deliver an alternative and reliable funding opportunity for borrowers wanting to do small developments. Unlike larger construction solutions, the Alt Doc Construction product has a simple and straightforward five-stage drawdown payment process, providing the broker and its client with a clear, efficient, and cost-effective strategy for the build.
“We recognised a gap in the market and worked with our broker network to develop an alt doc construction funding product between $1-5m. We’ve kept the process deliberately simple to make it easy for both brokers and borrowers to access,” says Royden D’Vaz, Head of Sales and Distribution at Assetline Capital.
To celebrate the launch of our new product, we are hosting a CPD-accredited webinar on March 13th at 12:30pm. We hope you can join us as we deep dive into the construction lending landscape including tips on how to get started with construction lending as a broker.
Download the product flyer here.
To read the full media article, click here.
