Development and Construction Loan
This facility allows property developers and investors the opportunity to finance construction of residential and commercial property.
| Loan Type | Interest Only or Interest Capitalising for terms up to 12 months | |
|---|---|---|
| Minimum Amount | $250,000 | |
| Interest Rate | Variable Rate | (90 Day Bank Bill + Margin) Rates & Fees |
| Security | Eligible commercial & residential property | |
| Redraw | Available on variable rate loans | |
| Loan Splitting | Available (minimum split $20,000) | |
| Establishment Fees | Application, Valuation and Legal fees may apply. View Fees |
|---|---|
| Ongoing Fees | Progressive drawing fee may apply
Rates & Fees
No account keeping fees |
Fees and charges apply. Terms and conditions available on request. Applications are subject to credit approval.
Contact ME
- Product Enquiries
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Personal Ph 13 15 63 ME Contact Centre open
Mon - Fri: 8am - 8pm,
Sat: 9am - 5pm (EST)Business Ph 1300 658 108 ME Business Contact Centre open
Mon - Fri: 9am - 5pm (EST) - Existing Customers
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Personal Ph 1300 654 998 ME Contact Centre open
Mon - Fri: 8am - 8pm,
Sat: 9am - 5pm (EST)Business Ph 1300 658 108 ME Business Contact Centre open
Mon - Fri: 9am - 5pm (EST) - Phone Banking
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Personal Ph 1300 654 998 Business Ph 1300 658 108