Construction & Home Build Loans

Building your own home is exciting, but the finance is very different from buying an established property. A construction loan is a specialist product where the funds are released in stages (progress payments) as your build progresses. We simplify the process, whether you're building a custom home or buying a house and land package. We coordinate with your builder and the lender to ensure payments are made on time, so your build stays on track.

How a Construction Loan Works

Unlike a standard loan, you don't get all the money at once. The lender pays your builder at each key stage of the build. You only pay interest on the money you've actually drawn down.

A typical 5-stage draw schedule looks like this:

Slab Down: The foundation is laid.
Frame Up: The wall frames and roof trusses are up.
Lock-Up: Your home is "locked up" with external doors, windows, and the roof on.
Fixing: The internal fittings (kitchen, bathrooms, plasterboard) are installed.
Completion: The build is finished, and you get the keys.

Home & Land Package Loans

If you're buying a home and land package, we can help you finance both parts in one seamless loan.

One Approval: Get your finance approved for both the land and the construction contract at the same time.
Budget Management: Lock in your rates and manage your budget from the start.
First Home Buyer Friendly: These loans are fully eligible for First Home Buyer schemes.

FREQUENTLY ASKED QUESTIONS

Got Any Questions?

🏗️ Build your home, your way - with the right loan.

Let's review your building contract and find a lender that specialises in construction.

Disclaimer: All information provided is general in nature and does not constitute personal financial advice. Your full financial situation would need to be assessed. Lending criteria, fees, and charges apply. Please view our Privacy Policy and Credit Guide.