A term finance facility designed for the purchase, development or re-finance of residential real estate for investment purposes.
When the loan is used for development of residential real estate, it can be drawn down progressively during the build, and only interest repayments made during this period.
- Term - 1 to 15 years
- Single or progressive drawdown
- Variable interest rate
- Ability to make lump sum principal repayments
- Long term secured finance is one of the cheapest financing options