Build Your Dream Project With Construction Loans

Finance custom home builds, structural renovations, and multi-dwelling developments. Pay interest only on funds drawn down as your builder completes each construction milestone.

--- Build Solutions t ---

Construction Loan Solutions

Tailored financing options for single homes, land packages, major renovations, and duplexes.

Popular Option

House & Land Packages

Combine land acquisition and building contract funding under a single seamless mortgage approval framework.

Custom Builds

Custom Architectural Home

Specialized progress drawdown arrangements tailored for custom architectural floorplans and bespoke master builders.

Renovations

Major Structural Renovations

Fund second-story extensions, home rebuilds, or major structural structural updates to existing properties.

Investors

Duplex & Townhouse Builds

Finance dual-occupancy, duplex, or small multi-dwelling residential property development projects.

--- Cash Flow Smart ---

How Progress Draw Payments Protect You

Unlike standard home loans released as a lump sum, construction loans release funds incrementally after independent valuers verify each completed stage of work.

Pay Interest Only on Drawn Funds

Minimize holding costs while rent or existing mortgage payments continue.

Builder Milestone Inspections

Lenders inspect build quality before paying builder claims.

Automatic Principal & Interest Conversion

Transitions smoothly into a regular home loan upon practical completion.

--- Expert Broker Advantage ---

We Handle Builder Invoices & Lenders

Managing progress claim forms, valuation inspections, and builder invoices can be complex. Our team coordinates with your builder and lender directly to ensure smooth progress payments without delay.

Fast Valuer Inspections

We order valuation inspections early to prevent site shutdowns.

No Progress Fee Surprises

Access lender products with zero or reduced drawdown invoice processing fees.

First Home Owner Grant (FHOG) Support

We link State Government building grants directly to your initial slab payment.

--- 4 Step Process ---

Your Construction Loan Journey

From initial plan assessment to keys in hand.

Pre-Approval

Determine borrowing power and land buying budget prior to finalizing building plans.

As-If-Complete Valuation

Lender valuer assesses property value based on land value plus proposed building contract.

Progress Drawdowns

Lender pays builder directly at each stage upon receiving signed drawdown requests.

Final Handover

Final valuation inspection, occupancy permit issuance, and release of final 15% payment.

--- OUR LENDING PANEL ---

Your bank isn't your only option. Compare 40+ lenders for a better deal.

We compare a wide range of lending options to help you find a finance solution that suits your goals and circumstances.

--- Got Questions? ---

Construction Loan FAQs

Answers to common construction finance, valuation, and builder contract questions.

What is an "As-If-Complete" valuation?

An valuation performed by a bank valuer who estimates what the land and proposed home will be worth once construction is fully completed according to plans.

What happens if there are builder variations during construction?

Unforeseen contract variations generally need to be funded out of your out-of-pocket cash savings unless pre-approved and added to the loan limit upfront.

Can I owner-builder or must I use a licensed builder?

Most major lenders require a fixed-price contract with a registered, fully licensed master builder. Owner-builder options require specialized non-bank funding.

When do I start paying Principal and Interest repayments?

You pay interest-only during the build period. Full principal and interest repayments commence after the final handover payment is released to the builder.

LET'S TALK

Ready To Build Your Dream Home?

Speak with our specialist construction loan brokers to review your plans, land contracts, and borrowing capacity today.