Your development
makes the profit.
Your structure
keeps it.
Most brokers can find you a construction loan. Very few understand that the harder problem is getting a personal home loan when your income comes from project profits. That's where developers quietly lose ground every single year.
excluded by major banks
for home loan servicing
accepted as assessable
by most ADI lenders
effective Feb 2026,
developers affected first
your personal lending
and your project funding
Your income is real.
Banks just can't see it.
You might settle a project this year and clear $800,000. By every reasonable measure, you had an outstanding year. Yet when you walk into a major bank to refinance your home loan or buy your next investment, your borrowing capacity is treated as though you earned almost nothing.
This isn't a flaw in the system. It's policy. Banks and most lenders assess serviceability on stable, recurring income. Development profits don't fit that model. Capital gains income, trading entity distributions, and project-by-project earnings are either excluded entirely or shaved down to a fraction of their true value.
The result: successful developers are frequently unable to service even modest personal loans, while their balance sheets tell a completely different story. Understanding which lenders treat developer income differently, and structuring your application accordingly, is the whole game.
Not all lenders read
your income the same way.
The difference between a declined application and an approved one often isn't your income. It's which lender assesses it, and how your application is structured before it arrives on their desk.
Charter Finance's role is to know which lenders genuinely accommodate development income profiles, and to frame your application in a way that matches their policy. This is not about massaging numbers. It's about matching your real financial story to the lenders who can actually read it.
| Lender Type | Capital Gains Income | Project Distribution / Dividend | 2-Year Average Required | Add-backs Accepted | Charter Assessment |
|---|---|---|---|---|---|
| Major Banks (NAB, CBA, ANZ, WBC) | Excluded | 50-80% | Required | Limited | Difficult for developers |
| Macquarie Bank | Excluded | 70-80% | Usually | Good | Case by case, strong equity helps |
| Non-Bank (La Trobe, Pepper) | Sometimes considered | 80-100% | Flexible, 1 yr accepted | Full add-backs accepted | Charter Finance's primary pathway |
| Non-Bank Alt Doc (Assetline, others) | Asset-based assessment | Accountant declaration | Not required | Yes | Good for equity-rich developers |
| Private / Family Office | Asset-based only | Asset-based only | Not required | N/A | Last resort, premium cost |
From first project to lasting wealth.
Most developers think about one deal at a time. The ones who build lasting wealth think about the whole picture: the project, the personal position, and what comes next.
Everything a developer needs
in a single conversation.
You shouldn't need a different adviser every time the problem shifts. Charter Finance holds both sides of the equation: the project and the person behind it.
- Home loans for owner-occupiers and investors with project-based income
- Non-bank and alt-doc pathways for capital gains and distribution income
- Add-back analysis: maximise assessable income within policy
- Refinancing strategy: reduce non-deductible debt post-project
- DTI management: structure debt to stay below APRA's 6ร threshold
- Equity access: unlock development profits for the next opportunity
- Senior debt, stretched senior and mezzanine finance
- Residential townhouses and boutique apartments (4-50 units)
- Land subdivision and mixed-use projects
- First and second-time developers, not just experienced operators
- Non-bank access: La Trobe, Assetline, Assured Management
- Live feasibility modelling in the meeting, not three days later
Development feasibility in two minutes.
Plug in your site, your construction cost, and your expected sale prices. The model computes your total development cost, net realisation, and development margin instantly. The same inputs lenders ask for when assessing a project for finance.
Want the full institutional-grade feasibility model?
The Snapshot above gives you the headline margin. The full Excel model gives you the detail a lender will actually ask for.
- Monthly cashflow across 36 months with phase-weighted cost distribution
- Capitalised interest calculation with peak debt and equity requirement
- Returns sheet with ROE, annualised ROE, and sensitivity on price, cost, and rates
- GST margin scheme treatment, land transaction costs, statutory contributions
- Yours to keep, yours to edit, no login required
Charter Finance Institute Pty Ltd ACL 384875, AFCA Member 43848. This tool provides directional estimates only and does not constitute financial, tax, or property advice. Outputs depend entirely on the accuracy of your inputs. Before committing capital to a development project, seek advice specific to your circumstances.
Questions developers actually ask.
No hedging, no filler. If your question isn't here, book a call and ask it directly.
The above is general information only. It does not constitute financial, tax, property, or legal advice. Lender policies change. Current rates, LVRs, and credit criteria should be verified with Charter Finance or the relevant lender before proceeding. For advice specific to your project and circumstances, book a conversation with Charter Finance.
Know exactly where you stand.
Decide what's next.
One conversation with Charter Finance covers both sides: your project funding and your personal lending position. No separate appointments, no handoffs, no one who only sees half the picture.