Module 2:
Credit and Risk Assessment
Whether you're a broker looking to expand your expertise or a finance professional aiming to understand this dynamic sector, our detailed course materials break down everything you need to know getting started with construction funding in Australia.
What you'll learn:
- Advanced construction finance calculations, including Loan-to-Cost (LTC) ratios, Gross Realisation Value (GRV), and Net Realisable Value (NRV) assessments
- Comprehensive understanding of loan pricing structures, including establishment fees, line fees, and interest calculations for both serviced and capitalized arrangements
- Critical evaluation of security arrangements, from mortgages and caveats to Deeds of Priority and General Security Agreements (GSAs)
- Expert strategies for risk assessment and mitigation in construction lending, including managing client expectations and anticipating common pitfalls
- Detailed insights into navigating different layers of debt, from senior debt to mezzanine finance, and understanding alternative funding structures
- Practical skills in feasibility study analysis and financial modeling for construction projects
- Deep understanding of loan covenants, terms, and conditions, including early repayment implications and default scenarios
Whether you're handling your first construction deal or looking to refine your existing knowledge, our materials offer both foundational concepts and advanced insights into this specialised lending area.
Perfect for:
- Commercial finance brokers
- Lending professionals
- Property development consultants
- Finance industry professionals looking to specialise in construction lending
