Building your dream home & building equity from the start
A construction loan works differently to a standard home loan. We walk you through each step so you know exactly how your build will be funded, what the bank needs, and what your repayments look like.
Construction loans made simple
Building your home or investment property is exciting, but the loan side can feel complicated if you haven't done it before. A construction loan works differently to a standard home loan, and that's where good guidance makes a big difference.
At STE Lending, I help you understand each step so you know exactly how your build will be funded, what the bank needs, and how your repayments will look during the process.
Whether you're building your dream home, your forever house, or your next investment, I walk you through it in plain English.
How construction loans work
A construction loan releases money in stages as the build progresses. These stages usually include:
- Slab
- Frame
- Lock up
- Fit out
- Completion
Why people choose a broker for construction loans
Different lenders have different rules
Some lenders accept owner builders. Some don't. Some require fixed price contracts. Some allow variations. I match you with the lender that suits your build.
Support through every stage
A construction loan isn't a one day approval. There are multiple checks along the way. I guide you through them all so your builder gets paid on time and your project keeps moving.
Clear repayment planning
You will know your repayments during the build and once the loan converts to the final home loan. No guessing and no surprises.
Help with valuations
Lenders assess your build based on both the land and the construction contract. I help prepare everything so the valuation reflects the true cost of your project.
Using equity to build
If you already own property, you may be able to use equity for your deposit or part of the build. I show you what's possible and how to structure it so it fits your long term plans.
Thinking about building?
Book a chat - you'll get clear guidance, a simple process, and support from the start of your build to the end.
Frequently asked questions
The questions we hear most often from clients planning a new build.
Do I need a fixed price contract?
Most lenders prefer a fixed price contract because it reduces risk. Some allow variations. I match you to the lender that fits your build.
What happens when the build is finished?
Your construction loan converts to a standard home loan. I make sure the loan structure suits your long term plans.
Do I need council approval before applying?
You don't need final approval to start the process, but you will need it before the loan is fully approved. I explain the timing so everything lines up.
Can I add upgrades or variations once approved?
Yes, but the bank may need to review the changes and update the valuation. I help manage this so your builder can move forward.
Can I get a construction loan for a kit or modular home?
Some lenders allow it, some don't. I compare policies and show you which lenders support your type of build.
What documents do I need for a construction loan?
Common documents include your building contract, plans, quotes, council approvals, and your usual home loan documents. I help you prepare everything so the bank has exactly what they need.
STE Lending Pty Ltd Credit Representative Number 562710 of QED Credit Services Pty Ltd, Australian Credit Licence Number 387856.