Off the Plan Loans
Esho Solution & Process
There are two main problems with purchasing off the plan. First, most buyers cannot get loan approval as the property is too far out from completion.
Banks tend to approve loans up to 90 days, while off the plan properties can take one to three years to complete.
Secondly, when the time comes to settlement, buyers scramble to get loan approval only to find that valuations for the property they've purchased come in below contract price. This leads to stress, disappointment and panic.
Esho Capital specialises in loans for brand-new property. Australia builds around 10,000 brand-new properties per month and we've designed a solution to help these buyers navigate the two problems mentioned above.
Our unique approach means we can help purchasers early in their property buying process. We take the time and care to help purchasers understand their borrowing capacity, affordability, and requirements that need to be met for a successful and stress free settlement.
Avoid the Mistakes
Many other mortgage brokers and finance companies shy away from brand new because of the complexity and long term nature of the construction process. Not us. We lean in with our expertise and knowledge.
Before signing on any contract, book a call with our team to get pre-approved. Off-the-plan doesn't need to be stressful, let us guide you.
Premium Finance Support Team