Construction Loans
Construction Loan Solutions
Finance Your Build From the Ground Up
Building a new home or undertaking a major renovation is one of the most exciting and complex financial commitments you can make. Our construction loan solution is designed to give you the flexibility and structure you need to manage your build with confidence, from the first slab pour through to the final handover. Unlike a standard home loan, a construction loan releases funds progressively in line with each stage of your build, so you only pay interest on what's been drawn down, keeping your costs manageable while construction is underway.
Our Construction Loan Solutions
Whether you're building your first home, knocking down and rebuilding, or developing an investment property, our construction loan solution provides the flexibility and structure to suit your project.
New Home Construction Loans
Building a brand-new home gives you the opportunity to create a property that's exactly right for you, and our construction loan solution is structured to…
Knockdown & Rebuild Loans
Already own a house, but the existing home no longer suits your needs? A knockdown-rebuild could often be a more cost-effective path to your ideal home than…
Substantial Renovation Loans
Major structural renovations such as extensions, second-storey additions, or full internal refurbishments often require a construction loan rather than a…
Frequently asked questions
A standard home loan provides a single lump sum at settlement. A construction loan works differently; funds are released in stages, known as progress payments, as each phase of the build is completed. During the construction period, you only pay interest on the funds that have been drawn down, rather than the full approved loan amount. Once construction is complete, the loan typically converts to a standard principal and interest (or interest-only) home loan.