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Construction Loans

Specialist Online Broker

Compare online in 30 seconds.Our service is free, and will not impact your credit rating.

Construction loans from...

2.49% p.a.
Variable Rate

2.56% p.a.
Comparison Rate

 

50+ Lenders on our panel
Secure and confidential
We negotiate lower rates

Our clients say we’re Excellent Created with Sketch. 5.0 out of 5.0 Created with Sketch.

Your Construction Loan Specialist Broker

Construction Loan Options

We have a broad set of product knowledge - we know which lenders will approve construction loans at great rates. Compare your options now or get in touch to see how we can help.

Broker Exclusives

We have over 50 lenders on our panel, and have access to a number of exclusive deals and discretionary discounts, as well as some of the sharpest construction loan pricing on the market.

Free Premium Service

Our service is 100% free. We'll pre-qualify you for a loan, organise the paperwork, and manage the whole process through until settlement and beyond.

Click the button below to compare construction loans easily on our digital platform
Compare online in 30 seconds.Our service is free, and will not impact your credit rating.

Construction loans from...

2.49% p.a.
Variable Rate

2.56% p.a.
Comparison Rate

 

We negotiate better rates with more than 50 lenders for you

Plus many more!
Plus many more!

Frequently Asked Questions about Construction Loans

How do construction loans work?

Construction loans are a little different to traditional loans. You will usually need a fixed price building contract or tender, that the lender will review. Their valuer will then estimate the on-completion value of the property, the loan itself will be based on this value (or the cost of construction plus land value). If this is to be an investment property, some lenders will even consider future rental income which could increase your borrowing power. Once approved, the lender will make progress payments to your builder based on a prior agreed drawdown schedule.

How does the fixed with 100% offset construction loan work?

This bank lender offerss the best of both worlds, allowing you to fix your construction loan at a very low rate and link a 100% offset account to it. This gives you most of the flexibility of a variable rate loan at a much lower cost.

Will I need a fixed price building contract?

For traditional construction loans, yes. However, we do have more flexible solutions which may be suitable for your circumstances. Please get in touch to discuss and we'll see what we can do to help.

What else should I know about construction loans?

If you don't already own the land, you might want to consider splitting the loan into a "land loan" and a "construction loan", allowing these amounts to be paid by the lender at different times.

Click the button below to compare construction loans easily on our digital platform
Compare online in 30 seconds.Our service is free, and will not impact your credit rating.

Construction loans from...

2.49% p.a.
Variable Rate

2.56% p.a.
Comparison Rate

 

Construction from...

2.49% p.a.

Variable Rate

2.56% p.a.

Comparison Rate

Home loans from...

1.79% p.a.

Variable Rate

1.84% p.a.

Comparison Rate

We can assist with many other needs including...


Home Loans

Investment Loans

Ex-pat Lending

Guarantor Loans

Low-Doc Loans

Commercial Loans

Get Started Now

Speak to us about your Construction Loan needs.

One of our Senior Brokers will attempt to contact you to discuss your lending needs. Our Privacy Policy explains how we store personal information. We will never sell your details to a third party.

Reviews from some of our recent clients

Excellent customer service
Reviewed by Rhys G
I have recently worked with Loan Base, in particular with Chris Gillis and Lauren Flood. The amount of work that they and their team did for me was absolutely amazing and very much above expectations. They liaised with all parties involved and assisted me over a very frustrating period of a year and Half after set back and set back of my off the plan purchase, They had got my loan approved then had to extend, change and renew the process all over again after each set back. We have now finally settled.

I could not recommend the team at Loan Base more highly. They are ahead of the rest in terms of knowledge and there guidance for the best possible outcome when applying for loans (home loan in particular) is second to none.
A seamless process with great results!
Reviewed by Esjee
Chris has recently helped me with the refinance of a loan. His product knowledge and willingness to look at various options resulted in getting the right loan for me. Chris made the whole process very easy from the initial contact until the settlement. Even after settlement he ensured that the interest rate quoted was retained irrespective of a rate increase by the lender.

Chris' "nothing is too hard" approach and friendly and professional advice made the whole process an excellent customer experience.
Definitely using Loan Base again
Reviewed by Tracy T
The team at Loan Base always went out of their way to meet and exceed my expectations and handled my refinance request very efficiently. I never got the impression that there were other clients more important than me as the team was always available to respond my queries.

When the lender indicated they would shortly be increasing their fixed rates, Chris managed to organise a last-minute rate lock for me, which was finalised just before the fixed rate would have otherwise increased substantially. I will definitely be using Loan Base for all of my mortgage needs going forward.
Very knowledgeable and helpful
Reviewed by Terry M
I had a challenging case and was almost on the verge of getting another decline from the bank. However, the guys at Loan Base were very persistent, and due to their exceptional knowledge and work with the lender, my loan was finally approved.

I am so thankful for the exceptional work ethic and perseverance. They helped me every step of the way, guided me through out the whole process and reassured me when I was beginning to panic. I cannot thank you enough. Loan Base gets 5 star for service and I highly recommend them.

Secured me the best rate I've ever had
Reviewed by Alyson H
I was recently assisted by Chris and the team from Loan Base. Their communication, attention to detail and patience along with their sound knowledge and experience of the loan business made my purchase stress free and easy.

I was kept well-informed throughout the entire application, and I have no hesitation recommending Loan Base to others seeking assistance with a home loan. I will never be going directly to the banks again!
Highly recommended
Reviewed by James G
After taking some unpaid leave to go on holidays, my bank unexpectedly knocked me back for the full investment property mortgage I was hoping for. Loan Base managed to get me pre-approval for a much higher loan amount with a different lender, with minimal issues or fuss!

In addition to this, the team there are very knowledgeable, genuinely care about their clients, and always seem happy to discuss investment strategies and property prospects with me - all without charging me anything; so I would recommend them to anyone needing help with a mortgage in a heartbeat!

Compare Construction Loans Online

We're your construction mortgage specialists.
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Our service is free, and will not impact your credit rating.

Construction loans from...

2.49% p.a.
Variable Rate

2.56% p.a.
Comparison Rate