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Build
Land and Construction
The Onyx Premium Loan can be used to finance the purchase of land and
construction of your home with progressive payments during
construction. Loans can be provided where you have construction
plans and permits in place ready for immediate construction.
Alternatively finance can be provided for vacant land
only purchases if you don't have plans ready.
Renovating
After you've renovated your property you expect its value
to be higher. By borrowing against the post-renovation
value before you renovate your Onyx Premium Loan may be able to pay for your renovation.
Your existing loan can be refinanced and progress payments
made for the renovation portion of your loan.
Owner Building
Owner builders find it difficult to find a home loan but
the Onyx Development Loan can help. This is a Lo Doc loan that can assist
with projects that don't fit into normal funding criteria.
Small Subdivisions
If you want to buy a property and subdivide, use the Onyx Premium Loan to make your initial purchase and
finance the construction of the new properties on the
subdivision.
Small Developments
Developments of up to six units can be financed using
the Onyx Development Loan.
Larger Residential Developments
Development with more than six units can be funded using
the Onyx Commercial
Loan.
Commercial and Industrial Developments
The Onyx Commercial
Loan can be used for the construction of commercial
or industrial properties.
To discuss any of the above loan options with our advisors, contact us.
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