Finance That Keeps Up With Your Build
Building or buying land? We're construction-lending specialists who manage the whole drawdown process for you.
What We Finance
Why Construction is Different
Unlike standard home purchases, construction funds release in progressive stages as your builder completes key milestones (slab, frame, lockup, fitout). We handle the liaison between you, your builders, and the bank to ensure each drawdown request clears on time, preventing construction delays.
Our Construction Process
Build Budget Mapping
We outline your builder contract rates, site costs, and absolute borrowing capacity.
Lender Matching
Identify construction-friendly banks offering the best progressive drawdown rates.
Setup Staged Accounts
Configure the mortgage accounts to align to your specific builder contract payment schedules.
Manage Progressive Drawdowns
Our administration team processes building certificates and releases milestone funds through to project completion.
Construction Loan FAQs
Progress payments release directly to your builder at specific stages: Slab, Frame, Lock-up, Fixing, and Practical Completion. The bank audits receipts and signs off at each milestone before paying the builder.
No. You only pay interest on the portion of funds that have been drawn down. For example, if your total build is $400k, and only the slab stage ($80k) has been paid out, you only pay interest on the $80k.
Yes. House and land packages are financed using a two-part contract. The land purchase settles first, and then the construction loan kicks off for the progressive build payments.
Lenders generally look for a 10-20% deposit. This can be backed by cash savings, existing land value equity, or first home owner grants.
Let's fund your build
Coordinate your build milestones with construction lending experts.
Book a Free Consultation