add share buttonsSoftshare button powered by web designing, website development company in India

mortgage broker christchurch

Types of Property Development Financing In NZ

Property development finance is a type of financing that is used in the real estate development industry. It can be used to help finance the costs associated with developing or purchasing real estate properties. Property development finance can be obtained in a variety of ways, including through traditional banks, credit unions, and private lenders.

There are many types of property development financing available to developers. The most common types are:

1. Private Equity: This financing is typically used by established, well-funded developers who need to raise money quickly for a new project. 

2. Bridge Financing: This type of financing is used when the amount of money needed isn’t too much and the developer can qualify for a lower interest rate. 

3. Debt Financing: This type of financing is usually used by small and mid-sized developers who don’t have enough equity or credit history to get traditional financing. 

4. Hard Money: This type of financing is usually used by seasoned developers who need more money than they can get from traditional sources.

There are a variety of types of property development finance available to developers. They include traditional bank loans, private equity, and government grants. 

Traditional bank loans are the most common type of property development financing. They come with a variety of terms and conditions, but the most common type is a fixed-rate loan that has an interest rate set in advance. 

Private equity is another type of property development financing. It's typically used by larger developers who can access more resources than they would through traditional bank loans.