Construction loans, tailored to your build

Construction facilities through DFP range up to $250 million and up to 75% LVR, with the right structure depending on your project, location and experience. For zero-presales projects, funding of up to 90% of Total Development Cost is available on facilities up to $40 million. We assess each project on its underlying merits and your objectives, then structure a facility to suit — there is no single set figure, so the best step is a quick conversation about your project.

Not always. Construction finance without presales has become increasingly common, and DFP specialises in zero-presales construction loans. These facilities are approved and advanced in much shorter timeframes than traditional bank finance, letting you start and complete projects sooner, recycle your capital and grow your pipeline faster. Whether presales can be reduced or waived depends on the project structure, which we work through with you before issuing indicative terms.

Senior debt is the first-mortgage facility that funds the core of your build. Mezzanine debt sits behind it as a second mortgage and acts like additional equity in your capital stack — useful when you want to reduce the cash you contribute upfront. DFP can structure either, or both together, and will explain how each option affects your cost of capital and returns before you commit.

Rates and fees vary with the lender, loan type and project risk. As a guide, DFP's zero-presales construction facilities start from 8.99% p.a. with no line fee and no upfront fees to secure an approval. Land bank facilities can include capitalised interest, and mezzanine or equity funding is priced to the complexity of the deal. We set out the full cost structure transparently in your indicative terms.

Yes. DFP has delivered construction finance to property developers on projects ranging from large-scale to boutique, in both metro and regional areas throughout Australia. All locations are considered. Our network of capital partners and bank and non-bank relationships gives your project more flexibility and more options regardless of where it sits.

A residual stock loan lets you release equity tied up in completed but unsold stock at the end of a project. Rather than discounting to clear stock or holding up your capital, you refinance the completed dwellings, free up cash for your next acquisition, and sell the remaining stock in your own time. DFP can arrange residual stock facilities as a standalone solution or as the exit from a construction facility.