Construction Loans — Sydney / Western Sydney

Building Your New Home?

Build Better. Finance Smarter. Start Your Dream Home Today.

Building a new home can be exciting — and a little overwhelming. I’ll make the process simple, stress-free, and tailored to you.

  • ✅ Funded in progressive drawdowns (you pay interest only on what’s drawn)
  • ✅ Flexible features like offset, redraw, and fixed-price builds
  • ✅ Local expertise in Hoxton Park, Liverpool, Campbelltown, Penrith & all Western Sydney

Why a Construction Loan?

Unlike a regular home loan, a construction loan is built around the stages of your build. Funds are released progressively as the build reaches key milestones. This means you only pay interest on the amounts drawn—not the full loan up front.

  • Lower interest costs during construction → less financial pressure early on.
  • Better cash flow: only draw what you need when you need it.
  • More control over features: offset accounts, redraw, flexible repayment types.
  • The option to build exactly what you want—on your timeline.

Book Your Free Construction Loan Assessment

Are You Eligible? Who It Works Best For

You’re likely a great candidate for a construction loan if you:

  • Own land or are purchasing land and want to build.
  • Have secure income, good credit and enough surplus serviceability.
  • Can get fixed price building contracts, licensed builders, council approvals.
  • Need features like redraw, or want to include land purchase & construction in one loan.
  • Want to build in Hoxton Park, Liverpool, Campbelltown, Penrith, Greater Western Sydney or similar areas.


Key Features & What Lenders Look For


Feature What It Means Why It Matters

Feature

Progressive Drawdowns / Stage Payments

What It Means

Funds released in stages: slab, frame, lock-up, fit-out, completion.

Why It Matters

Ensures you don’t pay interest on money not yet used.

Land + Construction in One Loan

Some lenders allow you to roll land purchase & construction funding together.

Simplifies your financing and may reduce costs.

Interest-Only During Build

You pay interest only on drawn funds during construction period..

Ensures you don’t pay interest on money not yet used.

Builder Contracts & Approvals

Fixed price contract, licensed builder, certified plans, council permits.

Required by almost all lenders to assess risk.

Loan to Value Ratio (LVR) & Buffer

Often lower LVRs; need buffer funds for overruns.

Helps ensure project stays financially viable if costs increase.

Building Your First Home?What Does Our First ‘Discovery Call Look like?

The initial consultation is short, but the discussion gives you significant insight into your borrowing position. Call me on 0426259327 for a short and insightful discussion.

Understand your build goals, budget, location, finance history.

Compare 40+ lenders, pick features like offset/redraw. Determine whether loan should cover land purchase + build or just construction.

Review your building contract, fixed-price quotes, plans, approvals. Check builder credentials.

Allow us to handle negotiations to secure the best possible deals.

Prepare documentation, submit loan, set up progress payment schedule with builder and lender.

Monitor build stages, approve invoices, release drawdowns.

Once build is complete, transition from construction phase (interest-only or staged) to full repayments principal & interest. Ongoing review for refinancing or investment use.

Localised Insights

What to Expect for Builds in Hoxton Park / Sydney

  • In Sydney, typical construction loans for new homes are divided into 5 stages: slab, frame, lock-up, fit-out, completion.
  • You’ll often need approvals from council, fixed‐price builder contracts, and certificates on completion.
  • Expect interest rates for construction-loan builds to be slightly higher than standard home loans, especially while funds are being drawn. Buffer for cost escalations (materials, labour).

FAQs — Construction Loans in NSW / Sydney

What is the difference between a construction loan and a regular home loan? A construction loan releases funds in stages as your build progresses (progress payments), whereas a normal home loan gives you a lump sum upfront.

Can I refinance into a construction loan? Yes – if your current equity, credit, and property status meets the lender’s criteria. This can combine refurbishment or rebuild costs with existing mortgage.

Do I have to start construction immediately after approval?
Most lenders require construction to commence within a specified period (often 12 months) and be completed within ~24 months.
CommBank

What fees are involved? Watch for application fees, builder’s progress inspection, valuation costs, disbursement fees per progress stage.

Can I switch lenders after construction is complete? Yes, once the build is done and your loan switches to full principal & interest repayments, switching lenders or refinancing may be possible.

Take Action: Your Construction Loan Strategy

Don’t let complexities hold you back from your dream build.
Compare your current plans vs better options
Secure flexible features + favourable terms
Minimise delays and cost overruns
[ Book Your Free Construction Loan Assessment ]
📍 Serving Hoxton Park, Liverpool, Bankstown, Campbelltown, Parramatta, Penrith & all of Sydney.

Book Your Free Construction Loan Assessment