$450,000 Equity Release Secured to Fund Build Project After Lender Shortfall

The Brokerage recently secured $450,000 in equity release funding for a client’s upcoming build project, resolving a shortfall left by their existing lender’s policy restrictions.

Our client needed $450,000 to fund an upcoming build project. Their existing lender’s policy only allowed equity release of $280,000, leaving a significant shortfall, and the application had already experienced delays.

Key highlights of the transaction include:

• Multi-Lender Assessment: Reviewed multiple lenders to find a solution that accepted the purpose of funds and provided sufficient equity access.
• Purpose Alignment: Identified a lender whose policy supported funding for build projects, rather than being restricted by a conservative equity cap.
• Timeframe Management: Selected a solution that met the client’s tight timeframe, avoiding any further delay to the build.

Following a detailed review of the client’s position and lending options, The Brokerage delivered full funding for the client’s build plans, with no shortfall and no further delay.

Purpose: Equity release for build project
Profile: Owner-occupier / investment build funding 
Loan Size: $450,000