Builder needing urgent refinance with cash out

A builder whose company had been operating for less than six months needed an urgent refinance with cash out to keep projects moving. Inconsistent income and a caveat loan set to expire that same month meant his existing lender couldn’t meet the deadline.

First Federal stepped in quickly with a no doc First Business 3 loan, secured by residential property at 65% LVR. Using the builder’s self-declared income, we consolidated their debts into one easy facility, provided essential working capital and delivered a clear exit strategy to refinance with a mainstream lender once trading history stabilises.

With First Federal’s help, Sarah secured her dream home on terms that worked—not just for now, but for what she plans to build. It wasn’t just a loan; it was confidence, flexibility, and a lender that truly backed her.

This case shows how First Federal’s broker-first ethos turns “no” into “yes.” By combining flexible lending, practical credit assessment, and real partnership with brokers, we deliver outcomes that help clients succeed where others fall short.