Construction Loans.
Finance Made for Your Build
Building or renovating your dream home is an exciting milestone, and the right loan can make all the difference. At CCF Mortgage Brokers, we make construction finance simple and stress-free.
Our experienced brokers compare more than 60 lenders to find the right loan structure for your build, including progress payments, flexible terms, and clear guidance from the first drawdown to the final inspection.
Loans tailored for building and renovations
Clear guidance from pre-approval to settlement
Competitive rates and flexible repayment options
100% free mortgage broker service
How Construction Loans Work
Construction loans differ from standard home loans because funds are released in stages as your project progresses. Each stage of the build triggers a payment to your builder, helping you manage costs and interest efficiently.
We’ll explain the full process in plain language so you understand exactly how your loan will operate before the first brick is laid. Our goal is to keep everything transparent, organised, and on schedule.
Our Process
1. Initial Chat
We’ll start with a simple conversation about your plans, timeline, and building budget.
2. Compare 60+ Lenders
We’ll identify lenders that specialise in construction finance and present the most suitable options for your goals.
3. Application and Valuation
We prepare your application, help gather documents, and coordinate any required valuations.
4. Progress Payments
Funds are released in stages, such as base, frame, lock-up, and completion. We’ll liaise with your lender and builder to keep things moving.
5. Ongoing Support
We stay in touch through every stage and after your build is complete to ensure your loan remains competitive.
What You Can Finance
Construction loans can be used for more than just new builds. We can help you finance:
- New home construction
- Major renovations or extensions
- Knock-down rebuilds
- Owner-builder projects
- Dual occupancies or investment developments
No matter the scale of your project, we’ll find a flexible, tailored loan to suit your needs.
Why Choose CCF Mortgage Brokers
- Local expertise in residential and investment builds
- Straightforward, personal service
- Clear communication from start to finish
- Ongoing support after completion
We’ll handle the details so you can focus on the exciting part — watching your new home take shape.
Ready to Build or Renovate?
Let’s secure a construction loan that fits your project and your goals.
Construction Loans FAQs
A construction loan is a type of home loan where funds are released in stages as your home is built. You only pay interest on the funds drawn, helping you manage cash flow throughout the build.
Yes. Most lenders require a fixed-price contract from a licensed builder before approving a construction loan. This ensures costs are clearly outlined and manageable.
Under some circumstances you can also use cost plus or owner builder as well, call us to discuss the options you have available.
Payments are made at key stages such as base, frame, lock-up, and completion. We’ll coordinate with your builder and lender to ensure funds are released promptly.
Yes. If you have equity in your current home, it can often be used as the deposit or to cover part of your construction costs.
Yes. Once construction is complete, your loan typically converts to a standard principal and interest home loan. We’ll help you review and confirm the best option before that happens.
Once all documents are submitted, approval usually takes between two and four weeks. We’ll keep you informed and ensure everything stays on track.