Building or rebuilding your home

House and land, a knockdown rebuild, or developing a site. Construction finance works differently to a normal loan. We make the funding side simple so you can focus on the build.

Is this right for you?

Who we help finance a build, rebuild, or development

You're building a new home from scratch

House and land, or a custom build, and you need finance that releases in stages

You want to knock down and rebuild

Stay in the suburb you love and rebuild, using the equity you've already built

You don't know what you can actually borrow to build

Construction borrowing works on an "as if complete" valuation, not just the land

You want to develop an investment property

Subdividing or building more than one dwelling is different finance, and we know the lenders for it

You want a guide through a complicated process

Progress payments, valuations, and the builder, all coordinated so nothing stalls the build

How It Works

A clear path from your plans to the finished build

Confirm What You Can Build

We work out your borrowing on an "as if complete" basis before you sign a building contract

Structure The Construction Loan

We set up the staged loan around your fixed-price contract and get it approved

Manage The Progress Payments

We handle each drawdown and the lender's checks as the build moves through its stages

Convert At Handover

When the build is done, we roll the loan into a standard home loan and set your repayments

Frequently Asked Questions

How does a construction loan actually work?

A construction loan releases money in stages, called progress payments, rather than as one lump sum. The lender pays your builder at each stage of the build, from slab to frame to completion, usually after an inspection. During construction you generally pay interest only on the amount drawn down, so repayments are lower while the home is being built. Once it’s finished, the loan converts to a standard home loan. We set the whole structure up and manage the drawdowns for you.

How much can I borrow to build, and how is it valued?

Construction borrowing is assessed on an “as if complete” basis. The lender values what the property will be worth once the build is finished, based on your land plus your fixed-price building contract, not just the land as it stands today. This matters because the valuation can come in lower than expected, which catches people out after they’ve signed. We work out your borrowing on this basis before you sign a building contract, so you’re not left scrambling.

I have a mortgage already. Can I knock down and rebuild?

Often, yes, and the equity in your property can fund much of it. One thing to understand is that on a knockdown rebuild the lender values the land, not the existing house, so the building value you’ve built up isn’t counted. Your borrowing is based on the land value plus the new build’s “as if complete” value. We assess your real equity position and structure the finance, including whether to refinance the existing loan into the construction facility.

Will I need to put in my own money during the build?

Usually some, yes. Most lenders want your contribution, whether deposit or equity, used first before they release their funds, and you’ll often need to show savings for the builder’s initial deposit and any cost buffer. If there’s a shortfall between your loan and the total cost, lenders generally want to see you can cover it before the first drawdown. We map out exactly what you need and when, so there are no surprises mid-build.

Can I get finance to develop my investment property?

Sometimes. Subdividing or building more than one dwelling on a block is treated as development finance, which has stricter rules than a standard construction loan. Lenders may want a larger contribution, and they assess serviceability carefully, though some will consider the expected rental income. Not every lender does this kind of lending well. We know which ones suit different development sizes and structure it to avoid common traps like unnecessary cross-securing.

THINKING ABOUT BUILDING?

Have a conversation with us. We’ll tell you clearly what you can build