Gearing up for a big build or renovation? Construction loans let you draw down the loan in stages as the building or renovation progresses. This helps to monitor the build and ensure you’re only paying for work that’s been completed.
What’s more, you don’t have to make repayments on your full loan amount until your home is completed. This means you can have some extra money handy during the build.
Complete Home Loan Package
A Complete home loan, eligible credit card and offset account. Plus, no progress payment fees apply for construction loans.