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A self-employed customer was looking to build his dream home on the Gold Coast. One day, an ideal block of land had come up for sale in the perfect location. There was a home on the site, but it had seen better days. In fact, it was a proper knockdown job, so perfect for his new build. The only issue was timing. The building contract wouldn’t be ready for a few more months, and blocks like these on the Gold Coast are as rare as hen’s teeth. With the clock ticking, he needed a quick solution to fund the purchase before other interested parties snapped it up. Once that was done, he could finalise the build contract for his dream home. However, the customer wasn’t in a position to provide full financials at such short notice.

Brighten is an Australian owned, based and regulated non-bank lender with offices in Sydney, Melbourne, Brisbane, Hong Kong, Shanghai and Manila. Brighten is a full-service non-bank lender responsible for the origination, underwriting, servicing and funding of its mortgage portfolio. It has well-established warehouse funding arrangements with multiple top-tier banks, three public RMBS programs, and a wholesale credit fund to provide further funding diversification. Brighten offers a range of competitive full-doc, alt-doc, expat, non-resident, bridging, construction and commercial products to borrowers.

CHRIS MEAKER, BRIGHTEN

In need of an alt-doc solution – fast – the broker went to Brighten. Since the property was deemed uninhabitable, the customer was able to apply for Brighten’s vacant land loan, which includes an alt-doc option for income verification. The customer provided Brighten with an accountant’s letter to verify his income, and his application for a Brighten Land loan was approved the next day. Three months later, the customer returned to the broker with his building contract, hoping to get a construction loan. When the broker came to Brighten, we were able to approve a $2.4 million alt-doc construction loan at 70% LVR. And since the customer had an existing vacant land loan, we also offset the risk fee paid for the land loan against the construction risk fee, saving the customer thousands of dollars. Another big selling point for Brighten’s construction product, Brighten Easy Builder®, is that after the construction period, the loan will revert to a standard alt-doc home loan, featuring a lower interest rate.

So if your customer has a property dream that might be a little outside the usual parameters, give us a call and we’ll work with you to find a solution.

“At Brighten, we know the path to homeownership is rarely straightforward. Every customer is different and has different needs”

“[A] big selling point for Brighten’s construction product, Brighten Easy Builder®, is that after the construction period, the loan will revert to a standard alt-doc home loan, featuring a lower interest rate”

The solution

The takeaway

Published 25 Aug 2025

How Brighten empowers brokers with one-stop vacant land and construction solutions for the self-employed

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At Brighten, we know the path to homeownership is rarely straightforward. Every customer is different and has different needs. In this case, we helped the customer secure his perfect block quickly before he’d finalised his building plans. If he’d waited until the building contract was in place, chances are he would have lost out on the ideal land to build his dream home. At Brighten, we aspire to be brokers’ lender of choice. To do so, we continue to develop and enhance our products to provide brokers with one-stop solutions. We aim to meet the needs of all types of borrowers: from PAYG to self-employed alt doc, 30-year mortgages to short-term bridging solutions, our product suite is designed to support them through every stage of the homeownership journey.

Find out more

The scenario

The facts

CUSTOMER

Self-employed

PRODUCT

Brighten Land and Brighten Easy Builder®

GOAL

To secure land quickly while planning for construction

LOCATION

Cat 1, Gold Coast, Qld

LOAN AMOUNT

Land loan: $1.14m; construction loan: $2.41m

DOCUMENTATION TYPE

Alt doc

CHRIS MEAKER, BRIGHTEN

Brighten’s product suite: Full doc Alt doc Near prime Expat, overseas income and non-resident Vacant land and construction Short-term bridging Commercial lending

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