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New Houses

Construction Loans

Building a home can be a challenging process, but with our Construction Loan, it doesn't have to be. As your trusted mortgage broker, we specialize in offering this unique financing option to help you build your dream project. Our streamlined process and personalized advice will make your journey towards homeownership as smooth as possible.

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Our construction loans suit borrowers looking to complete construction of a single dwelling right through to small-medium development projects.

 

Our highly competitive construction loan product is suitable for the construction of 1-2 residential dwellings.

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Our flexible construction loan supports both full document and low document loan types and can accommodate single dwelling builds for new homes, investment properties and or dual occupancy townhouses/villas.

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Our construction loans work on a progressive draw down basis, usually in line with your domestic building contract.

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Once the dwelling(s) are complete the residential construction loan converts into a standard home or investment loan.

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With so many moving pieces to take care of before moving into your peaceful home, we understand the importance of getting it right.

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We are here to partner with you on this journey. 

Construction Loan Features

​Our construction loan can be for used for single to small development real estate projects with flexible features. They are flexible and tailored to your needs. 

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Features include​​

  • Purchase or refinance up to 70%

  • Full doc and low doc options

  • Construct 1-2 residential dwellings

  • Credit impairments considered

  • Loan terms up to 30 years

  • No mortgage insurance

  • No credit scoring

  • Vacant land considered

  • Lending Australia wide

Qualifying for Construction Finance

Ensure you have sufficient funds to contribute at land settlement

Documents including A4 plans and project specification required

You must have a completed project specification & fixed price building contract or tender quote from a licensed builder

The Project site must not gave commenced any construction whatsoever

Construction Loan Progress Draws

Construction Workers
Wood Frame of House
Construction Site
Renovation Construction
Large Modern House with Pool

Calculate your borrowing power

Checklist

Download your free  home loan checklist

With this guide, we have provided some basic information you need to know and have for your first home loan. We hope you find value in this resource. 

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