LAND BANK FUNDING

Land bank funds

are useful for land that is yet to be developed, for whatever reason
the developer needs a facility on the site for a period of time this can usually be for 1-3 years.

Land bank loans can be useful in the following situations:

  • Development Approval not in place
  • No pre-sales
  • Amalgamation with other sites
  • Not the right time for the type of project
  • Rezoning not currently in place

Benefits & Requirements:

  • LVR is dependent on location
  • Loan can be 100% of the purchase price
  • Equity release