Home loan solutions for borrowers looking to build
Whether you’re completing major renovations, knocking down an existing property or re-building and starting fresh, our Construction Loan may meet your needs.
FEATURES
New Build or Renovation
We can assist with your new house build or perhaps you're looking to do a large renovation, we will require a fixed price building contract and council approval as part of your application.
Offset Account
Minimise the interest you might have to pay with an Offset Account (available after construction completed)
Owner Occupied or Investment
We can assist with the construction of your owner occupied property or an investment property.
Partially Completed Property
Unfortunately we are unable to take partially completed properties as security.
Take advantage of our market leading rates. Send us your scenario and the team will respond with all the details of our market leading solution.
What Are The Benefits?
Construction loans are a tailored finance solution for individuals looking to build a property.
Due to the funds being released in line with the stages of construction, clients have access to necessary funds at each phase, effectively giving them full control of the construction process.
Interest is only charged during the construction phase as well, so the initial repayments are lower compared to a traditional home loan where principal and interest payments are usually made from the start.
