Finance your new build, renovation, or knock-down rebuild
Construction loans release funds as your project progresses, so you only pay interest on what's been drawn. We'll match you with the right lender and guide you from first draw to completion.
Types of construction lending
New Build
Financing from land purchase through to completion. Funds release progressively at milestones: slab, frame, lock-up, completion. Interest accrues only on drawn funds.
Renovation & Extension
Finance improvements, extensions, and major renovations. Draws staged as work progresses. Shorter terms (often 12 months) since projects typically complete faster than new builds.
Knock-Down Rebuild
Demolish and rebuild on existing land. We coordinate refinancing of your current mortgage alongside new construction financing for a seamless transition.
Land + Construction
Buy vacant land first, build later. Initial draw purchases land; subsequent draws finance construction.
Every build is different. Let's find the right loan for yours.
Book a Free ConsultationProgress draw payments
Unlike a standard mortgage, construction loans release funds progressively as your build reaches each milestone. You only pay interest on what's been drawn.
Land / Deposit
Initial draw to settle land
Slab
Excavation and concrete slab poured
Frame
Structural frame and roof erected
Lock-Up
External walls, windows, and doors fitted
Completion
Fixtures, fit-out, and final handover
Construction loan vs. standard mortgage
Construction Loan
- Funds release progressively at milestones
- Interest only on drawn amounts
- 12–24 month term, converts to standard home loan
- Interest-only during the build phase
Standard Mortgage
- Full amount disbursed at settlement
- Interest on entire loan from day one
- 25–30 year standard term
- Principal & interest from the start
Construction finance is complex. A specialist broker makes all the difference.
Start Your ProjectYour construction loan journey
Project Review
We review your scope, builder contract, timeline, and budget to understand your construction lending needs.
Lender Match
We compare 30+ lenders and submit applications with full project documentation and builder assessments.
Build & Convert
We coordinate draw requests throughout the build and convert to a standard mortgage on completion.
Ready to start your build?
Book a free call with Shane and let's plan your construction finance.