Construction

Up to 12 months interest only

Feature-rich

Suitable for building or major renovations

Our construction loan product is available for owner occupiers and investors, offering a feature-rich home loan that enables borrowers to make major renovations or build their dream home or investment property.

Quick Links

Download Construction product sheet

View Rates

View Risk Fee Card

Download Interest Only Construction Loading Explainer

Download Application pack

Full features

Payments

Pre and during construction period

Interest Only applies for the first 12 months

Post-construction period

Principal and Interest

Property purpose

Residential investment or owner occupied property

Residential

Standard residential established or standard residential new properties

Maximum loan term

360 months

Maximum LVR

95%
Subject to Postcode Matrix

Maximum loan amount

$3,500,000 ≤ 80% LVR
$3,000,000 ≤ 90% LVR
$2,000,000 ≤ 95% LVR
Subject to Postcode Matrix

Risk fees

Refer to Risk Fee Chart

Borrower

Credit history: 

Clear credit history

Employment type: 

PAYG / self-employed (full doc loan)

Acceptable borrowers:

Australian citizens or permanent residents

Other:

Minimum 5-10% deposit or equity

Optional features

Offset facility available

Redraw facility available once construction completed

Visa Debit card available for Australian residents and only, during the construction period, if an offset facility is linked to the Visa debit card; or after the construction period