Construction

Available for both owner occupiers and investors, our construction product offers a feature-rich home loan, enabling borrowers to build their investment property or dream home.

Key features

Once construction is complete:

12 months Interest Only during construction

Fixed and variable rates

Flexible repayments

Offset accounts and multiple loan split

Redraw facilities

Visa Debit card

Online access available

Key features

Once construction is complete:

12 months Interest Only during construction

Fixed and variable rates

Flexible repayments

Offset accounts and multiple loan split

Redraw facilities

Visa Debit card

Online access available

Quick links

Product sheet

Download

Rates

View rates

Construction application documents

View documents

Full features and benefits

Loan features	Maximum loan term 30 years Maximum LVR 90% Maximum loan amount $3,000,000 ≤ 80% LVR, $2,000,000 ≤ 90% LVR, $1,750,000 ≤ 95% LVR Construction Risk Fee may apply >70% LVR. No LMI payable Residential: construction investment, construction owner occupied Redraw available Visa Debit card available
Borrower	Property purpose: Residential investment or Owner Occupied Property Credit history: Clear credit history Employment type: PAYG/Self employed Full documentation loan Acceptable borrowers: Australian citizens or permanent residents Other: Minimum 10% deposit or Minimum 10% equity
Optional features	Free offset account once construction is complete, only available for variable rate
Repayment features	Interest Only applies for the first 12 months during construction Repayment frequency Weekly, fortnightly and monthly Transaction functionality Unlimited transactions via internet, phone, BPay, debit card, ATM Make additional repayments: Up to $20,000 p.a. for fixed rate splits Repayment method Salary credit/debit
Exclusions	No Cash out