Building is the one loan where the structure decides everything: progressive drawdowns, a fixed-price builder contract, staged payments, and a lender whose policy actually fits your build. We've made this our flagship — house-and-land, knockdown-rebuild, duplex — managed end-to-end from land settlement to keys.
Four things change when there's a builder involved — and each one has a cost if it's structured wrong.
The loan is released in stages as your builder hits milestones — and you pay interest only on what's drawn, usually interest-only during the build. Cash flow stays manageable while you're paying rent and a part-built mortgage at the same time.
Lenders lend against a fixed-price building contract and its progress payment schedule. We read the contract and the schedule before the lender does — front-loaded payment schedules, missing inclusions ("site costs TBC") and variation clauses are where builds blow out.
The valuation is land plus contract, valued as if the home were finished. If the package is priced above what the completed home will value at, you find out now — not at the final drawdown. We sanity-check this early.
Land settles first (interest on the land portion only), then construction draws down in stages. Sequencing matters — including when grants like the FHOG are paid and how long the lender allows between land settlement and build start.
Land portion draws first. Interest on land only.
First construction drawdown.
Skeleton up. Second drawdown.
Roof, windows, doors in.
Internal linings, cabinets.
Final drawdown. Loan converts to P&I (or IO, if structured).
At each stage we check the claim against the contract schedule before the lender releases funds — so the builder is paid for work actually done.
Including every major estate across North-West Sydney — Box Hill, Marsden Park, Austral, Schofields and beyond — plus growth corridors in VIC, QLD, WA and SA through our suburb network. We know which lenders move fast on which estates.
Living on a good block? Demolish-and-rebuild loans are assessed on site value and end value, with demolition timing built into the loan. The harder deals banks send away — we place them.
One block, two dwellings: stronger end value and rental income, but fewer lenders and tighter policy. Investor-friendly lenders who count the projected rent realistically make or break these — that's our home turf.
The single best loan structure we arrange for property investors: progressive drawdowns keep holding costs down through the build, and the structure at completion (IO vs P&I, offsets, splits) sets up the next purchase.
The loan is released in stages (progressive drawdowns) as your builder completes each milestone — slab, frame, lock-up, fix-out, completion. During the build you usually pay interest only, and only on the amount drawn so far, which keeps repayments manageable until the home is finished.
It's typically two parts: the land settles first (interest applies to the land portion), then the construction portion draws down in stages as the build progresses. Getting the structure and timing right — including when grants like the FHOG are paid — matters, and it's what we manage end-to-end.
Broadly similar to buying established — from 5% for eligible first-home buyers under the Home Guarantee Scheme, with lenders valuing the package "as if complete" (land plus fixed-price contract). Policies on land size, completion timeframes and payment schedules differ between lenders, which affects who fits your build.
Yes — they're our specialty. These are assessed differently (site value, demolition, end value of one or two dwellings) and fewer lenders handle them well. We know which ones do, and we structure the loan around the project from day one.
Talk to us before you sign the building contract — that's when we can save you the most. Free, obligation-free, 7 days.
