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Projects

Real projects. Real outcomes. Your privacy, always protected.

Rooming houses don't fit neatly into a standard bank's box. Every project below is a real RH Finance deal: land and construction loans, mid-build refinances, knockdown-rebuilds and completed rooming houses moving onto better terms, for individuals, companies and trusts. We've left out names, addresses and exact figures, because our clients' privacy matters as much as their finance. The photos are illustrative stock images, not our clients' properties.

Settled means the loan has settled. Current project means the loan is approved or in progress.

A house under construction with timber framingIllustrative photo

Photo: Troy Mortier / Unsplash

Settled
9 bedrooms, 9 bathrooms

A 9-room new build, funded from slab to settlement

Melbourne's north · Company / trust

Mainstream banks weren't interested in the asset type. Late in the process the lender's settlement team asked for a construction insurance condition that doesn't apply to rooming-house builds the way it does to standard homes.

Outcome

Settled in spring 2026. The same investor has since come back to us for the next stage of their portfolio.

Modern townhouses with a fence and treesIllustrative photo

Photo: Troy Mortier / Unsplash

Settled
Further projects currentPortfolio

A repeat developer: refinancing a portfolio, one deal at a time

Metropolitan Melbourne · Company group

The developer had several rooming-house projects. The outgoing lender sat on the discharge paperwork for weeks, holding up two refinances. On a later project, the valuation and approval expired before settlement through no fault of the client.

Outcome

Two loans settled, with more of the developer's pipeline (around six projects) placed with the same lender.

An excavator loading soil into a truck on a construction siteIllustrative photo

Photo: Troy Mortier / Unsplash

Settled

Land and build in one facility

Melbourne's north · Company as trustee for a family trust

The client needed to settle the land on time, but the building contract was still being finalised, and the settlement was linked to other related settlements that had already been delayed once. The lender also wanted the builder's progress-payment acknowledgement in a very specific format.

Outcome

The land settled in spring 2026, and the construction facility is in place for progress payments.

A residential house under construction with timber framing and scaffoldingIllustrative photo

Photo: Troy Mortier / Unsplash

Current project

Owner-funded to frame stage, refinanced without a cash shortfall

Melbourne's west · Company

The owner had paid for the build up to frame stage from their own funds. On paper, the lender's numbers showed a settlement shortfall because the completed work wasn't being counted as the client's equity.

Outcome

The shortfall was removed, so the client didn't have to bring extra cash to settlement. Settlement is being finalised, spring 2026.

Aerial view of a suburban housing developmentIllustrative photo

Photo: Shanjir H | Photo4life AU / Unsplash

Settled
9 (planned)

When the builder changed: settle the land first, build later

Melbourne metro · Company as trustee for a trust

Part-way through the application, the client decided to look at a different builder. The original land-and-construction approval no longer fitted, and the land settlement date was fixed.

Outcome

The land settled on time in spring 2026, and the client has room to choose the right builder.

Heavy equipment next to a house during demolitionIllustrative photo

Photo: Haley Hamilton / Unsplash

Current project
Formally approved9 rooms

Knockdown-rebuild: from tired house to 9-room rooming house

Geelong region · Company

The site had an older house clad in asbestos that had to be professionally removed and demolished before building could start. There was an existing loan to pay out, and the client had already paid demolition, permit and architect costs out of pocket.

Outcome

Formally approved in winter 2026. Site works are underway ahead of the first drawdown.

A bedroom with a wooden bed and an ensuite showerIllustrative photo

Photo: Clay Banks / Unsplash

Current project
8 rooms

Refinancing a completed 8-room rooming house onto better terms

Melbourne's west · Company

A completed, income-producing rooming house sat on a facility that no longer suited the owners, and as business owners they had the kind of profile mainstream lenders find hard to assess.

Outcome

The structure has been workshopped with the lender, and the valuation has been instructed (spring 2026).

A bright shared kitchen and dining areaIllustrative photo

Photo: Clay Banks / Unsplash

Current project
9 rooms

Build complete, now out of construction finance

Melbourne's west · Company as trustee for a unit trust

Construction loans are short-term and expensive. At completion the client needed the final stage payment and contingency funds released, then a fast exit onto a long-term loan.

Outcome

The refinance is underway, targeted for late 2026.

Photos are illustrative stock images from Unsplash and do not show the actual properties. Details are generalised to protect client privacy. Past outcomes don't guarantee future results; every application is assessed on its merits.

Planning a rooming house, or refinancing one?

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