Expert construction finance for new builds, knockdown rebuilds, and major renovations. Progressive drawdowns, owner-builder options, and guidance from former senior commercial bankers through every stage of your build.
From land & construction packages to knockdown rebuilds and major renovations, we structure finance for every build scenario.
Purchase land and build your new home with a combined loan structure and staged drawdowns.
Demolish your existing home and build new on the same land with tailored finance.
Managing your own build? We work with lenders who understand owner-builder projects.
Finance substantial renovations and extensions with construction-style progress payments.
Build two dwellings on one block for investment or multi-generational living.
Build through your Self-Managed Super Fund with compliant LRBA structures.
Construction loans release funds in stages as your build progresses. Here's what to expect.
First drawdown covers the initial deposit to your builder (typically 5%) and then the slab or base stage once foundations are complete.
Second drawdown when the frame is complete, including roof trusses, external cladding, and windows.
Third drawdown when the home is weatherproof with external walls, roof covering, and external doors installed.
Fourth drawdown for internal fit-out including plasterboard, kitchen, bathroom fixtures, and flooring.
Final drawdown on practical completion when your home is ready to move in, all inspections passed.
Building your own home comes with unique advantages over buying established property.
Design exactly what you want – layout, finishes, and features tailored to your lifestyle.
New builds meet modern energy standards – lower bills and better comfort year-round.
Pay stamp duty on land value only, not the completed home – significant savings.
New homes come with structural warranties (typically 6 years) for peace of mind.
Construction loans require more documentation than standard home loans. Here's what lenders typically request.
From initial planning to final drawdown, we guide you through every stage.
We review your build plans, budget, and borrowing capacity before you commit to any contracts.
Compare 60+ lenders to find the best construction loan terms and drawdown flexibility for your project.
We prepare your application and manage the approval process with your lender end-to-end.
We coordinate each progress payment with your lender throughout the build until handover.
Answers to the questions we get asked most often about construction finance.
Typically 5–10% of the total project cost (land + build). Some lenders accept guarantor support for lower deposits. LMI may apply for LVRs over 80%.
Yes, but only on the amount drawn – not the full loan. As each progress payment is made to your builder, your interest charges increase incrementally until completion.
Yes, but fewer lenders offer owner-builder loans and LVRs are typically capped at 60–80%. You'll need an owner-builder permit from your state authority and detailed costings.
Variations are common. Minor changes can often be covered by contingency allowances, but significant overruns may require loan variations. A fixed-price contract helps minimise this risk.
Construction loans take longer than standard loans – typically 3–6 weeks for approval. We recommend starting the process early, ideally while finalising your building contract.
Yes, if included in your building contract. Items like landscaping, driveways, fencing, and blinds can be financed as part of the build cost if quoted by your builder.
Book a construction loan consultation to discuss your project, review your borrowing capacity, and find the right lender for your build.
