Development Finance

Development Finance Solutions from Australia's Leading Mortgage Broker - Tailored Financing for Your Property Development Project

Rated 5 from 502 Reviews

Development Finance Solutions Across Australia

AXTON Finance stands as Australia's premier Finance Broker, specialising in connecting developers across Melbourne and nationwide with tailored financing solutions that bring small to medium-sized development projects to life. Our expertise in Development Finance ensures you can access some of the best interest rates available from banks and lenders across Australia, while our streamlined application process eliminates the complexities typically associated with applying for a loan. Whether you're planning to demolish existing property for a new build or exploring suitable land for your next venture, AXTON Finance provides the comprehensive support needed to navigate council restrictions and secure optimal financing arrangements.

The significance of partnering with the best Mortgage Broker becomes evident when you consider the intricate nature of Development Finance and its impact on project viability. AXTON Finance recognises that every development project requires flexible financing options that align with construction milestones and cash flow requirements, which is why we focus on securing progressive drawdown facilities that only charge interest on the amount drawn down. This approach to Development Finance ensures your project maintains financial efficiency throughout the construction phase, with interest-only repayment options providing additional cash flow management benefits. Our Finance Brokers work tirelessly to identify the ideal location and price range that matches your investment criteria while ensuring all financing structures comply with council regulations and development application requirements.

Securing appropriate Development Finance involves understanding the nuances of construction funding, from initial land acquisition through to project completion and beyond. AXTON Finance excels in structuring loans that accommodate the unique requirements of property development, including provisions for Out of Contract Items not included in standard construction contracts and flexible repayment schedules aligned with your project timeline. Our comprehensive approach to Development Finance extends beyond simple loan facilitation, encompassing strategic advice on loan amount optimisation and interest rate structuring that maximises your development potential. As experienced Finance Brokers, we understand that successful development projects require more than just access to capital - they require partners who comprehend the development process and can provide ongoing support throughout your project journey.

The progressive drawdown structure inherent in quality Development Finance arrangements ensures you maintain optimal cash flow control while minimising interest costs during construction phases. AXTON Finance specialises in negotiating these crucial terms with lenders, ensuring your instalments align with actual construction progress rather than arbitrary timelines that may not reflect project realities. This strategic approach to Development Finance management allows developers to focus on project execution while maintaining confidence in their financing arrangements, knowing that progress payments will be available when needed without unnecessary interest burden on undrawn amounts. Our expertise in Development Finance extends to understanding the relationship between construction milestones and funding requirements, ensuring seamless project progression from foundation to completion.

Choosing AXTON Finance as your preferred Finance Broker means accessing not just competitive Development Finance options, but comprehensive project support that considers every aspect of your development venture. Our established relationships with banks and lenders across Australia enable us to secure favourable terms that might be unavailable through direct approaches, while our understanding of the development process ensures your financing structure supports rather than hinders project success. From home improvement loan requirements for smaller projects to comprehensive Development Finance packages for major developments, AXTON Finance provides the expertise and market access needed to transform your development vision into profitable reality, making us the obvious choice for discerning developers across Melbourne and throughout Australia.

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Common Questions About Development Finance

What is Development Finance and how does it differ from standard home loans?

Development Finance is a specialised lending product designed specifically for property development projects, offering features that standard home loans cannot provide. Unlike traditional mortgages, Development Finance includes progressive drawdown facilities where you only pay interest on the amount drawn down, making it ideal for managing cash flow during construction phases. AXTON Finance specialises in securing these tailored financing solutions from banks and lenders across Australia, ensuring your development project has access to appropriate funding structures. The key difference lies in how Development Finance accommodates construction milestones and progress payments, rather than providing a lump sum upfront. To understand how Development Finance could benefit your specific project, book a Free Consultation with AXTON Finance and discover the flexible financing options available for your development venture.

How do interest rates work with Development Finance?

Interest rates for Development Finance typically operate differently from standard loans, with most facilities offering interest-only repayment options during the construction phase. AXTON Finance works to access some of the best interest rates available through our extensive network of lenders, ensuring your Development Finance remains cost-effective throughout your project timeline. The progressive drawdown structure means you only pay interest on funds actually drawn down, not the entire loan amount, which can result in significant interest savings during construction. Interest rate structures can vary depending on the loan amount, project type, and your individual circumstances. As experienced Finance Brokers, AXTON Finance can explain how different interest rate options might impact your specific development project and help you secure the most suitable arrangement through a Free Consultation.

What types of projects qualify for Development Finance?

Development Finance can support a wide range of projects, from small renovations requiring a home improvement loan through to substantial new build developments. AXTON Finance regularly arranges Development Finance for clients looking to demolish existing property and construct new homes, subdivide suitable land, or undertake small to medium-sized development projects across Melbourne and Australia. Qualifying projects typically include residential developments, unit constructions, land subdivisions, and significant renovation projects that add substantial value. However, each project must meet specific criteria regarding development applications, council regulations, and construction requirements. The ideal location, price range, and project scope all influence Development Finance eligibility, which is why AXTON Finance recommends booking a Free Consultation to assess your specific project and explore the tailored financing options available.

How does the progressive drawdown process work?

Progressive drawdown is a fundamental feature of Development Finance that allows you to access funds in instalments as your project reaches specific construction milestones. AXTON Finance arranges Development Finance facilities where funds are released based on construction progress, typically aligned with foundation completion, frame construction, roofing, and other key stages. This streamlined application process ensures progress payments are available when needed while minimising interest costs on undrawn amounts. The progressive drawdown structure requires regular inspections and milestone confirmations, but provides excellent cash flow management for development projects. Out of Contract Items not included in standard construction may require separate consideration within your Development Finance arrangement. To understand how progressive drawdown could work for your specific project timeline and construction milestones, AXTON Finance recommends booking a Free Consultation where our Finance Brokers can explain the process in detail.

What should I consider when applying for a Development Finance loan?

When applying for a loan for development purposes, several key factors require careful consideration to ensure project success. AXTON Finance advises considering your ideal location, price range, and whether you need to navigate council restrictions or development application requirements before finalising your Development Finance arrangement. The loan amount should accommodate not only construction costs but also potential Out of Contract Items not included in standard estimates, plus adequate contingency provisions. Your choice of Finance Broker significantly impacts the interest rate and terms you can access, which is why partnering with experienced Finance Brokers like AXTON Finance provides distinct advantages. Consider whether you need flexibility for suitable land acquisition, existing property demolition, or specific construction requirements that may affect your financing needs. Rather than navigating these complex considerations alone, AXTON Finance offers Free Consultations where our expertise in Development Finance can guide you through the application process and help secure the most appropriate financing solution for your development project.

Get help from our Mortgage Brokers

We are passionate about delivering reliable client outcome and not just a cookie-cutter service. With over 100 years of combined industry experience, you can trust the team at AXTON Finance.

Joyce Cheng - Mortgage Broker at AXTON Finance

After a distinguished career in private banking at Macquarie Bank, Joyce recognised the value she could provide to clients in a smaller business setting, serving a diverse range of individuals from emerging wealth and high net wealth backgrounds.

Joyce Cheng

Senior Mortgage Broker

Nicole Campbell - Mortgage Broker at AXTON Finance

With over 20 years of experience working in senior mortgage broking roles, Nicole's experience means she has expert knowledge in lending. Whether it be complex lending structures or first home buyers, Nicole's focus is always reliable client outcomes.

Nicole Campbell

Partner Mortgage Broker

Luke Rowland - Mortgage Broker at AXTON Finance

Driven by a desire to empower his clients with the knowledge, resources and service to deliver results, Luke has earned a reputation, shown in his stellar career trajectory for his exceptional proficiency across the lending spectrum.

Luke Rowland

Partner Mortgage Broker

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Our Reviews

We pride ourselves on being brokers you can actually trust, from the initial consultation through to annual reviews that we perform years after your settlement, our tailored services and relationship focus is built to last.

Need proof that we are one of Melbourne’s best mortgage brokerages? Don’t just take our word for it – we have hundreds of positive Google reviews from real clients so you can rest assured you’re making the right choice with choosing AXTON Finance.

Google Reviews

Rated 5 from 502 Reviews

Worked with David, rapid responses and great quality of service. No complaints

Marco Groot

a day ago

Melanie and her team are efficient and professional. The process is simple and smooth.

Bethany Lau

2 days ago

Joyce is an amazing broker and I cannot recommend her highly enough. Joyce is incredibly knowledgeable and really is on your side the whole way though. We got a great result all due to her efforts and I will definitely be back to her if I ever need help again.

Joshua Ellis

2 days ago

Joyce, girl, you’ve been such a pleasure to work with! Thank you for being so communicative with me and partner throughout the home loan application! You never failed to accommodate our needs and wants and even helped us build a wonderful and reliable team which helped secured us our beautiful home. We highly recommend first home buyers reaching out to Joyce for a no BS working relationship!

Wei Wen

5 days ago

David and the team were fantastic — attentive, thorough and communicated well through the entire process. I highly recommend engaging their services

Cameron

This week

This is our third time using Axton Finance, this engagement was supported by Joyce. I can't speak highly enough of her as a broker, proactive and clear communication and really great support. Nothing phased her and she was incredibly flexible as things moved around. Highly recommend Joyce Cheng, a lovely person and a great broker!

Sinead Mooney

This week

Martin Ryan at AXTON is an absolute gem! Martin is down to earth and extremely thoughtful. His professionalism and knowledge of the mortgage broking game is an untapped fountain of wisdom. Highly Recommend!

The Paint Pimp

This week

Nicole assisted in the purchase of my first home. I found her to be very informative, presented multiple options for me to make my own decisions from and answered all of my questions. Anything that came up she was able to deal with to keep my nerves at bay and ensure things went smoothly.

Amy

This month

AXTON Finance - Melbourne's Best Mortgage Brokers

Frequently Asked Questions

How do rental income and tax benefits affect my investment loan application?

Investment properties offer unique advantages in terms of rental income considerations and tax benefits, but these vary based on your individual circumstances and the specific property. The tax implications can be complex and should be carefully considered as part of your overall investment strategy. Book a consultation to understand how these factors apply to your situation and investment goals.

Can I use equity in my existing home to buy an investment property?

Using existing property equity for investment purchases is a popular wealth-building strategy, but the approach varies depending on your financial position and goals. There are several structuring options available, each with different benefits and considerations. Our experts can assess your equity position and explain your options during a complimentary consultation.

How much can I borrow for a home loan?

Your borrowing capacity depends on various personal and financial factors. While general guidelines exist, your actual borrowing power is unique to your situation, income, and financial goals. The best way to understand your true borrowing capacity is through a personalised assessment. Contact us for a free consultation where we'll provide you with an accurate borrowing estimate tailored to your circumstances.

Can I refinance my existing home loan or investment loan to get a better rate?

Refinancing can offer significant benefits, but whether it's right for you depends on your current loan terms, financial situation, and future goals. Market conditions and available products change regularly, so it's worth having your loans reviewed. Contact us for a free loan review to see if refinancing could improve your financial position.

What deposit do I need for an investment property loan?

Deposit requirements for investment properties vary between lenders and depend on your overall financial profile. While there are general guidelines, your specific situation may open up different options or require alternative approaches. Let us assess your circumstances in a free consultation to determine the most suitable deposit strategy for your investment plans.

What documents do I need to apply for a home or investment loan?

Documentation requirements vary depending on your employment type, loan amount, and chosen lender. Rather than providing a generic list, we prefer to give you a personalized checklist based on your specific situation and loan type. During your free consultation, we'll outline exactly what documents you'll need and help streamline your application process.

What types of home loans does AXTON Finance offer?

We offer a comprehensive range of home loan solutions including owner-occupier loans, first home buyer packages, refinancing options, and specialised lending products. Every situation is unique, which is why we work with multiple lenders to find the right fit for your circumstances. Book a free consultation with our experienced brokers to discover which loan options best suit your needs and financial goals.

How long does the loan approval process take?

Processing timeframes can vary based on your situation, chosen lender, and current market conditions. While we work to expedite every application, each scenario is different. The best approach is to discuss your specific timeline needs during a consultation, where we can provide realistic expectations and work to meet your settlement requirements.

What is an investment property loan and how does it differ from a home loan?

Investment property loans are specialised financing solutions designed for rental properties. They have different requirements, benefits, and tax implications compared to standard home loans. The specifics can vary significantly based on your investment strategy and financial situation. Schedule a free consultation with our investment property specialists to understand how these loans work and whether they align with your investment goals.

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97% Loan Approval Rate

502 Reviews

21 Years of Experience