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Construction Loans

Turn your building plans into a reality with a construction loan. Start online then choose a time to chat with one of our experts. Zero cost, no obligations.

Building your dream home is an exciting journey, and we’re here to make the finance side simple and stress-free.

We understand the unique structure of construction loans and tailor solutions to suit your plans—whether you're working with a builder or managing the project yourself.

Unlike standard home loans, construction loans release funds in stages as your build progresses. We’ll guide you through each step, help you understand your options, and ensure you secure competitive terms that fit your budget and timeline.
  • Loan option with 70 Australian lenders
  • Tailored solutions
  • Support from application to completion

Finance solutions for developers

If you’re a property developer, the right loan structure can make or break your project. Development finance works differently to a standard construction loan — lenders look closely at the project feasibility, presales, and your experience as a developer.

Here’s what development finance can help cover:

  • Land acquisition – purchase of the site or development block

  • Construction costs – funds released in stages as the build progresses

  • Interest capitalisation – in some cases, interest can be built into the loan

  • GST and fees – structured into the funding where applicable

  • Exit strategy planning – refinancing or sales once the project is complete

At Wealth Builders Finance, we’ll step in early to help you structure the deal, prepare a strong application, and connect you with lenders who understand development projects. Whether you’re planning a small townhouse build or a larger-scale development, we’ll guide you through the finance process so you can focus on getting the project off the ground.

What does it cost to use a broker?

We do not charge any fees for our service. The loan you secure through us is exactly the same as if you went directly to the bank. However, with us, you’ll benefit from expert advice, hands-on support, and a seamless experience from start to finish.

From the first brick to the final inspection, we’re with you every step of the way. Book your free appointment today and take the first step towards securing the perfect home loan solution.

Your construction loan questions answered

A construction loan is a specialised type of home loan designed for building or major renovations. Funds are released in stages as construction progresses rather than as a lump sum upfront.

Unlike regular home loans where you receive a lump sum at settlement, a construction loan releases funds in stages as your project progresses. This means you’re only paying interest on what you’ve drawn down, not the full loan amount. Once your project is complete, your loan transitions to the variable or fixed rate you selected, ensuring a seamless process from start to finish.

During the construction phase, you only pay interest on the amount drawn down, not the full loan amount. This helps keep costs manageable while your project is underway.

Once construction is finished, the loan typically transitions to the variable or fixed rate you selected at application, with full repayments beginning on the total loan amount.

Yes, construction loans can be used for major renovations as well as building new homes or purchasing land to build on.

Call us, were here to help

Our expert insights will help guide you through the process and get you to your goal sooner.

Book an appointment

Experience the difference, we take out the leg work and we will fit into your schedule.

Start your application

We get it, you’re in the moment. Apply online and we will send you the top 3 rates for your loan.
The information provided on this site is on the understanding that it is for illustrative and discussion purposes only. Whilst all care and attention is taken in its preparation any party seeking to rely on its content or otherwise should make their own enquiries and research to ensure its relevance to your specific personal and business requirements and circumstances. Terms, conditions, fees and charges may apply. Normal lending criteria apply. Rates subject to change. Approved applicants only.
Sam Potter is a Credit Representative (570029) and Wealthbuilders Finance Pty Ltd (ACN: 686 102 394) is a Corporate Credit Representative (CCR 569944) of Broker ACL (ACN: 681 761 375 & Australian Credit Licence 563763).

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03 9829 9188

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  • You'll receive our Credit Guide & Welcome Pack
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