Construction Loans

We'll help you fund your new build or renovation with a Construction Loan

When it comes to constructing your dream home or undertaking major home renovations, navigating the financial side of the project can be as challenging as the build itself. That's where Construction Loans come into play, offering a tailored solution that matches the unique flow of construction projects. And if you're looking for the ideal partner to guide you through this specialized financial journey, Margin Finance stands out as your go-to choice.

Choosing Margin Finance means you gain an ally with deep expertise as a Finance & Mortgage Broker. We access Construction Loan options from an expansive network of banks and lenders across Australia, ensuring you get a solution that's perfectly suited to your project. Whether it's about securing the lowest possible interest rate, finding a loan amount that covers all your needs, or navigating the ins and outs of applying for a loan, our team is here to simplify every step.

Our streamlined application process cuts through the complexity, making it easier to jump into your construction project. We specialize in construction loans that come with progressive drawdowns. This means you receive instalments, or progress payments, to pay for the various stages of the project as they occur. Notably, you'll only be charged interest on the amount you've drawn down, not the total loan amount upfront. This approach, combined with interest-only repayment options during construction, significantly reduces your financial burden during the building process.

Margin Finance understands that construction involves a network of professionals, from plumbers and electricians to registered builders. Our construction loans are designed to ensure you can seamlessly pay your subcontractors on time, manage expenses related to council plans and permits, and adhere to a Progressive Payment Schedule that aligns with your project’s milestones.

Whether your project involves buying off the plan, demolishing an existing property to make way for a new build, or navigating council restrictions and development applications, Margin Finance has you covered. We'll help you secure suitable land, work out the ideal location within your price range, and ensure all Out of Contract Items are considered. Plus, our 'as if complete' valuation ensures that additional payments during the construction phase are handled smoothly.

Based in Moonee Ponds, we’re well-versed in both the financial and regulatory landscapes, which means we can help you avoid common pitfalls, such as not commencing building within a set period from the Disclosure Date or overlooking critical council regulations.

In summary, if you're stepping into the world of construction, be it for a new build or substantial renovations, Margin Finance’s Construction Loans offer the flexible, supportive financing you need. Let us be part of your journey, turning the blueprint of your dream home into reality.

Ready to chat to one of our team?

Book Appointment

Getting a Construction Loan

Initial Consult

Have a chat with one of our qualified Brokers who will understand your situation and talk you through the next steps.

Fact Find

We'll work with you to understand a bit more about your situation (including your financials, assets etc.) to make sure you will qualify for a Construction Loan.

Approval

We'll work to find an appropriate lender for your loan, taking into account your situation and loan type. We'll then handle the paperwork to get your Construction Loan approved.

Book Appointment

A margin exceeding the means of others

Lisa Watt

Excellent help great advice highly recommended

Randolph Stagno Navarra

Fantastic service from start to finish. Answered all questions I had and kept me informed throughout the whole process. Massive thank you to the whole team.

Chris Wong

Damien, Marcus and Simran were all involved in assisting me and my partner purchase our first home. They guided us through what was a new experience for us and listened to what our goals were, making the whole process feel smooth and simple. We felt informed and they were always responsive when we had questions or concerns pop up. Could not recommend these guys enough!

Adam Luitjes

We had a fantastic experience working with Damian and his team at Margin Finance. From the beginning, they were prompt, professional, and incredibly helpful in guiding us through the mortgage process. Damien was always accessible, no matter how big or small the question and was there to provide clear, honest, and timely advice. We couldn’t be happier with the service we received and would highly recommend Damian and the Margin Finance team. Thank you for helping us secure our new home - Adam and Grace.

Sankar G

Damien and his team are simply superb. I initially went with another broker, but my loan application was left in limbo—even after signing the contract. That’s when I turned to Damien and his team, and I’m so glad I did. They got my loan approved before the deadline and were incredibly helpful throughout the entire process, right up to settlement. I’m based in Perth and they’re in Melbourne, but not once did I feel the distance. That’s how closely and proactively they worked with me. Bottom line: For this team, customer service is paramount. I simply love working with them and can't recommend them enough.

Josiah Salazar

I first met Damien when I was looking to secure a loan for my very first property. At the time, I also sought a second opinion and ended up going with a different broker, based on the promises they made. Unfortunately, that turned out to be a costly mistake. they significantly under delivered, securing me an approval that was $150,000 less than what they had originally promised. It was a tough lesson. In contrast, Damien was upfront and honest from the beginning. He set realistic expectations and told me what I needed to hear, not just what I wanted to hear. A rare quality in this industry. So when it came time to work with a broker again, I didn’t even consider going elsewhere. I went straight to Damien. And to say that he delivered is a huge understatement. From day one, everything was set up properly. The service was outstanding, communication was consistent, and the support from his team was second to none. I truly believe that Margin Finance is the best in the country, and I wouldn’t hesitate to recommend Damien and his team to anyone.