Construction loans that pay your builder in stages, for new builds, knockdown rebuilds and house-and-land packages. You only pay interest on what’s been drawn.
Repayments once fully drawn
A construction loan releases funds as your builder reaches each stage. We line up the lender, check your building contract and coordinate every progress payment so the build keeps moving.
Lenders treat building very differently. We know which ones suit your contract and builder.
Fixed-price building contracts with a registered builder, funded in stages from slab to handover.
Buy the land and fund the build in one loan, with options for first home buyers.
Demolish and rebuild on land you already own, using your existing equity.
Structural renovations and extensions funded in stages, like a new build.
Specialist lenders for owner builders, duplexes and small multi-dwelling projects.
We coordinate with you, your builder and the lender at every stage.
Share your plans, quote or building contract and land details.
We match a lender to your contract and secure approval.
Funds release as your builder completes each stage.
Final payment on completion, then your loan converts to standard repayments.
Construction loans have more moving parts than a standard purchase.
Talk to a brokerWe confirm a lender will fund your contract before you commit.
We help keep payments flowing so your builder isn’t held up.
Some lenders don’t fund certain builds. We know who does.
The same person manages your loan for the whole build.
The home, the car, the investment property, the business. Same team, same lender panel, one conversation.
The lender releases funds in stages, usually deposit, slab, frame, lock-up, fixing and completion. During the build you generally pay interest only on the amount drawn.
Yes. Many lenders fund knockdown rebuilds using equity in the land you already own.
Lenders usually need you to fund variations yourself. We’ll help you plan a buffer before you start.
Most lenders prefer one with a registered builder. Some specialist lenders fund cost-plus contracts or owner builders.
A free call with a Propple broker about your build, your budget and the lenders that suit it.
Calculator results are estimates for illustration only. They use the figures you enter and an example interest rate, and do not include fees, charges or lender credit criteria. They are not a quote, an offer of credit or a pre-approval.
The information on this page is general in nature and does not take into account your objectives, financial situation or needs. Consider whether it is right for you before acting on it. All applications are subject to lender assessment and approval.
Propple Pty Ltd, ABN 39 652 025 646. Credit Representative Number 537767. AFSL 384704. AFCA member 87648.
