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How we work

Once we‘ve given the ‘green light’ for your finance, our drawdown process is simple and easy-to-understand. You’ll receive a letter of offer from us, which includes our fee, your interest rate, your loan term and any conditions. If you’re working through a mortgage broker, we’ll pay them up to 1% of the loan amount on drawdown.

Once you’ve signed the letter of offer and paid a deposit on our fee, we’ll get the loan documents underway and liaise with your solicitor as we work towards the drawdown date. Our legal fees are payable by you, and we’ll arrange a quote for you

to review before you accept our loan offer. Our offers and agreements are simple and straight-forward – what you see is what you get – so you won’t be surprised with hidden fees or extra terms and conditions.

Repayment terms

We’re short-term property financiers, so our terms usually range from 3 to 12 months, providing you with time to finish your project, consolidate your position or refinance back to the bank.

Interest Rates

Our aim is to ensure our rates remain competitive, while retaining our fast-and-fair, solution-based approach. Because our solutions are simple, and our drawdowns are simple and the funds are easily accessible, our rates are higher than a bank. However, in the long-run this ease and accessibility to funds can move you towards completion and the realisation of profits faster. Our fees are generally 2% plus the broker’s fee. Depending on the term of your loan, our interest rates are 7.98% to 11.98%.

Loan-to-value (LVR) ratios
Generally our LVR is 75%, but can be less in some situations. We assess each individual transaction on a case-by-case basis. Sometimes factors like a less-favourable geographic location dictates that DBR’s preferred LVR might be less than 75%.
Our most favoured regions
DBR lends throughout the country, however, we’re generally focused on the larger metropolitan areas and areas that are trending in high growth forecasts like Auckland, Hamilton, Tauranga and Queenstown. We are happy to discuss all situations; however, we tend to steer away from properties that have a limited market.

Our solutions

Bridging Finance
A fast and accessible bridging finance solution from DBR will give you time to consolidate and reposition for refinance with a bank at a later date.
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Commercial property finance
Our solutions will give you quick access to funds with easy-to-access drawdowns.
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Construction Loans
DBR can help you with residential or commercial residential development or subdivision.
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