We have a fast approval
system and have
specialised in construction
funding since 1999.
Loan funding is provided for commercial and residential construction, land banking and subdivisions located within Australia. Ingwersen & Lansdown Securities Limited has flexible lending criteria which favours construction and property developments.
When you approach Ingwersen & Lansdown Securities Limited about your finance needs, you get to speak personally with our Directors who will review any loan enquiry you have and who will make the decision for your funding.
Points of difference:
- Less people, Director communication, quicker funding.
- No separate credit division.
- No presales required.
- Start sooner.
- Reduce holding costs.
- Sell closer to completion.
- Interest factored into the loan.
- Loan size generally from $1 Million to $25 Million.
Ingwersen & Lansdown Securities Limited funds construction loans for duplexes, townhouse developments, multilevel apartment buildings, commercial and industrial estates, subdivisions and land banks.
We don’t require pre-sales, pay slips or cashflow statements to assess your application. We will review your application based on the loan request and your equity position.
We fund any investment, residential, industrial, rural or commercial venture where the intention of the project is to sell or invest for a profit. We do not fund owner occupier construction projects however you may choose to provide an owner-occupied property as additional collateral.
The ILSL Financing Process:
Call us to enquire if you have any initial questions.
Complete our loan enquiry form. This form will allow us to better understand your requirements. No valuations or credit checks will be undertaken at this stage of the process.
We will do our due diligence.
If we are satisfied the loan meets our lending criteria and we have funds available to finance the loan we will issue a Letter of Offer which lays out the terms of the loan and interest repayments.
Accept our terms, pay a commitment fee, Valuation and Quantity Surveyor’s fee.
We will conduct a valuation, Quantity Surveyors report and credit checks.
Sign the loan documentation with your Lawyer, Accountant and Builder.
Your loan settles in accordance with the Letter of Offer and your first instalment is paid.
DISCLAIMER: This information is generic in nature and any Letter of Offer and Loan documentation subsequently takes precedent over this generic material.
We are equity lenders so our main criteria is that we can see sufficient equity upfront. Generally, for construction funding we are looking for between 15 – 25% of total development costs in equity in the project from our Borrowers. The amount required is determined on each separate project so please call or email us an enquiry.
Land banking / stand-alone commercial funding is determined on the site and exit strategy with these loans ranging between 50% – 70% LVR with loan terms of up to 12 months.
Interest rates and fees vary for each loan so please contact us today for an approximate pricing. See our enquiry form here.
Please note we are unable to assist with personal or home loans as we only lend to commercial transactions.
Download a printable version of our enquiry form here, or:
Download a printable version of our enquiry form here, or:
Alternatively, call our experienced team to discuss your borrowing options.
Established in 1999 Ingwersen & Lansdown’s Securities have a proven track record with over $2 Billion in mortgage loans settled.
