Construction loan

You are building a new home to live in, investing in a new build, or extending your current property. Construction loans are available to both PAYG employees and self-employed borrowers.

Instead of arriving as one lump sum, the loan is drawn down in stages that match the build: slab, frame, lock-up, fit-out, completion. You are typically charged interest only on what has been drawn, not the full approved amount.

Our team follows up with the lender at every stage, making sure each drawdown matches the construction schedule so your builder is paid on time and the build keeps moving.

Progress payments need sign-off before funds release, and delays can stretch interest-only periods. A fixed-price building contract makes approval smoother than cost-plus.