Construction Loans

Building a new home or undertaking major renovations? Construction finance works differently from standard loans. We manage the progress payments and ensure a smooth build process.

Construction finance does not work like a standard home loan. Instead of receiving the full amount at settlement, the lender releases funds in stages as each milestone of the build is completed, from the slab through to handover. We help you understand how that works before you commit, so there are no surprises during the build.

We work closely with your builder, your lender and your conveyancer to make sure progress payments are requested, approved and released on time. Delays in drawdown can hold up your builder, so we stay on top of the paperwork and keep the finance side moving in step with the construction schedule.

Whether you are building a turnkey home, a custom build, or undertaking a major renovation, we compare construction products from more than 30 lenders to find one that suits your builder's payment schedule and your budget. We also help you understand the difference between interest-only during the build and reverting to principal and interest once it is complete.