Construction Loans
Building a home? The finance needs to be structured properly.
Construction lending works differently to a standard home loan. We help you understand progress payments, lender requirements, deposit position and how the loan may work during the build.
Construction lending needs more planning upfront.
The lender will usually need to understand the land, build contract, plans, permits, builder, costs and your ability to manage the loan during construction.
New builds
Work through land, build costs, contract requirements and the lending structure before construction starts.
Progress payments
Understand how staged payments usually work and what the lender may need at each stage.
Major renovations
Review whether your project needs construction-style lending or a simpler refinance and cash-out structure.
Builder and contract review
Check the finance side before signing, so lender requirements do not become a surprise later.