Planning to build a new home? Construction finance can provide funding throughout different stages of your building project, helping you manage costs as construction progresses. We can help you understand your finance options, loan structure, repayments and lender requirements.
Building a home involves multiple stages, costs and decisions. Having a suitable finance structure can help you manage your funding throughout the construction process.
We take the time to understand your plans and financial circumstances before helping you explore available construction loan options.
Get personalised guidance, compare suitable construction loan options and receive support throughout your building finance journey.
Planning a new build can be exciting, but arranging the right finance is an important part of the process. We can help you understand your construction loan options and guide you through the finance journey.
You can explore finance for:
From planning to settlement, our brokers can provide clear guidance to help you move forward with greater confidence.
Lenders may consider a range of factors when assessing construction finance, including:
Understanding these factors early can help you prepare for the construction finance application process.
A construction loan is a type of finance designed to help fund the construction of a property. Depending on the lender, funds may be released progressively as construction milestones are completed.
Construction finance may be released in stages as agreed construction milestones are reached. The exact process and requirements vary between lenders.
Depending on your financial circumstances, property position and lender requirements, you may be able to explore construction finance when you already own the land.
If you have available equity in an existing property, it may potentially be used towards your construction project, subject to lender assessment and your financial circumstances.
Lender requirements can vary. Some lenders may require specific construction contracts, plans, valuations and other documentation before approving construction finance.
Your potential borrowing amount depends on factors such as your income, expenses, existing debts, deposit or equity, construction costs, property value and lender requirements.
