Finance your build
from the ground up
Construction loans work differently to standard home loans — you draw down funds in stages as your build progresses. We structure the finance so your project stays on track from slab to handover.
Building a home is unlike any other property purchase. Instead of a single settlement, your loan is drawn down in stages as construction milestones are reached — from the base slab to the final inspection. This progress-draw structure requires specialist knowledge to get right. We guide you through every stage, ensuring your finance aligns with your builder's schedule and your budget stays on track.
Land & Build Packages
Purchase land and build your home with a single loan structure. We coordinate the land settlement and construction finance so both transactions flow seamlessly.
Knock-Down Rebuild
Demolish an existing dwelling and build new on the same site. We structure the finance to cover demolition, construction, and any interim living arrangements.
Owner Builder Loans
Managing the build yourself? Owner builder loans have unique requirements. We connect you with lenders who understand owner-managed construction and its specific risk profile.
Major Renovations
Significant structural renovations — extensions, second storeys, complete remodels — can be financed through a construction loan with progress draws tied to renovation milestones.
Construction lending for every project
Building your first home
You've purchased land or a house-and-land package and need construction finance for the first time. We'll walk you through how progress draws work, what your builder needs, and how to keep the process stress-free.
Rebuilding on your existing block
You love the location but not the house. Knock-down rebuilds involve unique financial structuring — bridging existing equity, managing demolition costs, and staging construction draws on a property you already own.
Major renovations and extensions
Your renovation has outgrown a personal loan. A construction loan lets you draw down funds in stages as the work progresses, keeping your interest costs lower while your builder delivers the transformation.
From plans to handover
Pre-approval & planning
We assess your financial position, review your building contract, plans, and council approvals, and secure pre-approval so your project can begin on schedule.
Construction drawdowns
As your builder completes each stage — base, frame, lock-up, fixing, practical completion — we coordinate with the lender to release the next progress payment.
Interest-only during build
During construction, you only pay interest on the amount drawn down — not the full loan. This keeps your repayments manageable while you may also be paying rent or an existing mortgage.
Final inspection & handover
After the final progress payment and builder handover, your loan converts to a standard home loan with full principal and interest repayments.
Construction lending specialists
Progress draw expertise
We understand the 5–6 stage drawdown process and coordinate with your builder and lender so payments are released on time, every time.
Builder-friendly process
Builders want to know the money is there. We work proactively with lenders to ensure inspections and drawdowns don't delay your build schedule.
Owner builder solutions
Fewer lenders approve owner builders, but we know which ones do — and what documentation they need to get your application across the line.
Land & build coordination
When you're purchasing land and building separately, the finance needs to be structured as two stages. We make the transition seamless.
Cost management guidance
We help you understand contingency requirements, variation clauses, and how to protect yourself financially if your build goes over budget.
Post-construction refinancing
Once your build is complete and valued, we can refinance to a more competitive standard home loan rate — often with better terms than the construction facility.
What you'll need
Builder & project documents
- Fixed-price building contract
- Approved building plans and specifications
- Council or development approval
- Builder's licence and insurance certificates
- Land valuation or contract of sale (for new land)
Financial requirements
- 10–20% deposit (land + construction combined value)
- Licensed builder (owner builders assessed separately)
- Fixed-price contract preferred by most lenders
- Construction to commence within 12 months
- Standard income and ID documentation
Construction loan requirements vary significantly between lenders. We'll match you with the right lender for your specific project type.