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.