Construction & knockdown-rebuild

Construction Loans That Keep the Build Moving

Progress-payment finance for new homes, knockdown-rebuilds, duplexes and granny flats. We line up the valuation, contract and drawdowns so your builder gets paid on time.

Home under construction
Drawdown planner

You Only Pay Interest on What’s Been Drawn

Drawn after frame$260,000
Approx. monthly interest$1,365
Still to draw$390,000
Illustrative. Assumes interest-only at 6.30% p.a. and a typical HIA-style progress schedule; your contract sets the actual stages.
Before the first drawdown

What the Lender Needs to See

Missing paperwork is the number one reason builds stall. We collect and check it all before the application goes in.

Builder and homeowner reviewing plans on site
✓Fixed-price contractSigned HIA or MBA contract with clear inclusions.
✓Approved plansCouncil or CDC-approved plans and specifications.
✓Builder’s insuranceHome warranty and contract works insurance.
✓Progress scheduleThe payment stages your builder will invoice.
✓Land detailsTitle, or contract and deposit receipt if buying.
✓Variation bufferYour own funds set aside for upgrades or overruns.
The process

From Plans to Keys

01
Strategy callYour land, plans, builder and budget in 15 minutes.
02
Pre-approvalCapacity check and lender matched to your project type.
03
Build & drawdownsWe coordinate each progress payment with lender and builder.
04
Completion reviewSwitch to the best long-term structure once the home is finished.
Questions

Construction Loan FAQs

Can’t see yours? Read the full FAQ or call 02 9816 9866.

The lender releases funds in stages (slab, frame, lock-up, fixing and completion) as the builder invoices. You usually pay interest only on the amount drawn so far.

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