A major bank
Reliable progress-payment processing and most popular construction loan provider.
Knock-down rebuild, new build or major renovation - we structure a progress-payment loan that works with your builder's schedule.
Most home loans pay the full amount at settlement. Construction loans drip-feed the money to the builder in stages - foundation, frame, lock-up, fit-out, completion - each stage requiring the right paperwork, the right valuation, and the right timing.
Miss a stage and your builder's sitting on unpaid invoices. Over-draw and you've breached your contract. We've walked over a hundred Sydney clients through this process. We know which lenders process drawdown requests fastest and which ones get tangled up in their own paperwork.
Some banks take 5 days to approve a progress payment. Others do it in 48 hours. We know who's who.
Your contract type affects which lenders will touch the loan. We'll match you to the right one.
Streamlined for knock-down rebuilds and house-and-land packages.
We talk to your builder directly about progress claims so you don't get caught in the middle.
Before you sign the build contract. We'll flag any structural issues with how it's written.
Land cost + build cost combined. Full picture from day one.
Lender approves the full amount; funds release in stages.
We coordinate each progress claim with your builder and lender.
We don’t quote rates on the website — they move weekly. We’ll give you real numbers at our first meeting.
Reliable progress-payment processing and most popular construction loan provider.
Faster human underwriting, good for non-standard contracts.
Works with cost-plus contracts and owner-builder situations that majors shy away from.
Our builder warned us to use a broker for the construction loan. Best advice we got. When a progress claim stalled, Richard got it moving the same day.
New builds qualify for grants existing homes don't.
Learn more →Completing a build? Time to refinance off the construction loan.
Learn more →For 2+ dwellings, you're in development territory.
Learn more →Your lender releases funds to your builder at agreed stages - typically foundation, frame, lock-up, fit-out and completion. Each stage needs a builder’s claim and often a valuation.
No - you only pay interest on the amount drawn down. So it ramps up as the build progresses.
Usually we refinance or set up a new construction loan. Cleaner and more flexible.
Best to plan a contingency (5-10%) into your original loan. If you blow past that, we may be able to top up - but it's easier to pre-empt.
Yes, but possible. Fewer lenders accept them, and you'll usually need more equity.
Typically 3-6 weeks, depending on the lender and the completeness of your builder docs.
A 20-minute call, no fee, no obligation. We’ll come back with three real lender options and a clear next step.
0473 113 128Mon-Fri, 8am-6pm