Whether building your dream home or taking on a major renovation, the right construction loan can make a big difference.
Construction projects already come with many moving parts and headaches, so we’re here to keep your finances simple.
We compare over 40 banks and lenders to find solutions that cover a wide range of needs from residential construction loans for new builds to townhouse and small development loans for multi-dwelling builds.
From townhouses to large scale construction and development, find out how you can fund your next project.
Keep construction simple with a range of solutions from residential construction to small development loans.
From townhouses to large scale construction and development, find out how you can fund your next project.
Whether you are building your first home, managing a renovation, or taking on a multi-unit project, we structure construction finance to suit your needs. With access to more than 40 lenders, we secure flexible solutions that keep your project moving from start to finish.
For Clients managing their own build without a fixed-price contract in place. These loans are more specialised and can be harder to secure, but they give flexibility for those taking control of their own project.
Ideal for duplexes, townhouses or smaller multi-unit projects. These loans are structured to manage multiple dwellings within a single development, with staged funding to keep construction moving.
Tailored for larger residential and commercial developments. These loans can cover both land acquisition and construction, providing structured funding to ensure the entire project is fully financed from start to finsih.
These loans are for anyone building or renovating a home. They offer cashflow flexibility because you can progressively drawdown money throughout the construction process ensuring you only pay interest on the amount you use.
On the completion of each stage of your renovation or build, an inspection is arranged then the builder is paid directly. The number of times this occurs, known as drawdowns, will depend on the agreement between you, the builders, and the lender.
No, building delays can affect when the builder gets paid, but not the loan itself. If there is a delay in construction, the payment to the builder will also be delayed.
While construction is ongoing, you’ll make interest-only payments on the amount paid to the builder. When construction is complete, your construction loan becomes a standard home loan.
There are five stages: foundation, framing and brickwork, lockup, second fix, and completion.
