Ready to build your home?
loans.com.au is here to help you get your finance sorted so you can build your home, or complete your renovations.
The process from application to settlement is completely online, over the phone and email, but at every step of the way, you’ll talk to a real person to help you through.
Unlike regular home loans, construction loans are drawn down in stages. At the completion of each stage of the build or renovation, we arrange an inspection and then pay the builder for that work. This means you aren’t paying the builder upfront for something you haven’t yet received.
Initially you’ll apply for a construction loan, which is in place until your home is completed. Upon building completion, the construction loan will revert to a low rate variable loan, with the amount based on the value of the property upon completion of construction.
No matter if this is the first time you’ve built your home or you’re a seasoned expert, we’re here to help.
Why finance your build with loans.com.au?
Low interest rates
Being an online lender with fewer overheads means we’re able to pass on the savings to our customers.
Get help when you need it from our friendly team of Australian based, lending specialists.
Looking to save with an offset, or make extra repayments with a redraw? We have a full range of loan features to suit your situation.
We keep on winning awards for our products, innovations and customer service, year after year!
Common construction loan questions
Ready to build your dream home? Simply apply online or chat to a lending specialist and they can do the hard work for you. We make the process easy so you can settle sooner and start the build.
Get free suburb insights
To help you decide where to build the perfect home, we’d like to give you a free loans.com.au Comparative Market Analysis report giving you information about the area you’re buying in and sale prices in the area.
Properties sold in the area
You will be able to see details of recently-sold properties in the area including the date they were sold, land size, number of bedrooms, number of bathrooms and garage size.
Detailed information about nearby properties currently listed for sale or recently sold, including their first and last advertised price and days on the market.
Median sale prices in the area
The median sale price for homes in the area and how it has changed each month in recent years.
Information about the suburb's demographics, such as household occupancy, household income and household structure.
Guide to Building and Renovating
Most people have questions about how it works to finance the building of your new home, or even completing renovations. We’ve created this guide to make things easier for you to understand and help you start saving sooner.
From information on how to apply for a construction loan to advice on the separate stages of construction, you’ll find what you’re looking for in our guide. Plus, we’re available to help via Live Chat at most times of day.