Structured construction finance that supports staged payments, builder timelines, and efficient approvals across Melbourne, Perth, Brisbane, Sunshine Coast & Gold Coast projects. .
Building or renovating goes beyond plans and materials. It’s about timing, cash flow, and making sure funds are available when trades are ready to move. Construction loans don’t release funds upfront. They’re staged, conditional, and tied to progress on-site. In Melbourne, where delays can come from weather, permits, or labour shortages, we structure your finances early to help avoid unnecessary hold-ups once construction begins.
Progress payments
Funds released in stages so you only pay interest on what's been drawn
Renovations too
Construction finance isn't just for new builds — major renovations qualify too
Fixed price contract
Most lenders require a fixed price building contract before approval
Interest only during build
Repayments typically convert to principal and interest once construction completes
Five steps from assessing your capacity to holding the keys to your finished home.
Evaluate how much you can borrow without overextending — while keeping reserves for unexpected build expenses. We provide calculators and personalised guidance to clarify your position.
Pre-approval isn't a commitment to lend, but it lets you know how much you can borrow based on certain criteria — giving you and your builder a clear starting point for the project.
Once your building contract is signed and accepted, we move quickly to initiate your construction loan and begin the formal application — minimising holding costs on your land.
Required documentation includes property details, builder payment schedules, building contracts, and development plans. We gather and package everything to give your application the best chance of success.
After construction finishes, we obtain completion documentation, insurances and warranties, and request an updated property valuation to finalise your loan. Time to enjoy the home you built.
We work with an extensive panel of Australia's leading banks and non-bank lenders to find you the right fit.
Building a home is a long journey. We're available throughout the entire construction process — from slab to completion — so you're never left in the dark.
Construction finance has its complexities. Our experienced team knows the lender requirements and common pitfalls, giving you a smoother, more predictable experience.
We explain every product in detail before you commit. No surprises, no fine print you weren't aware of — just clear, honest guidance you can trust.
A construction mortgage broker focuses on how funding flows during the build, not just how it starts. Unlike standard loans, funds are released progressively. You draw down at each stage, and interest is only charged on what’s been used. That can make a noticeable difference to holding costs, especially in longer builds.
Most lenders in Melbourne would require a fixed-price building contract before approving a construction loan. It gives them certainty around costs and from there, progress payments are aligned with stages like slab, frame, and lock-up.
As construction finance brokers, we manage this process end-to-end. We coordinate with your builder, track payment schedules, and ensure each drawdown is processed without delay. So, with us, you can expect an unobstructed flow of funds that keeps your build progressing without unnecessary halts or funding gaps. We have brokers based across Melbourne, Victoria, Queensland and Western Australia, so wherever you are located, you can connect with us for comprehensive mortgage advice.
At Loan Studio, our new build mortgage brokers ensure your loan is aligned with both lender expectations and how your project will actually run. New builds go through stricter checks – lenders look closely at the builder, contract terms, and overall feasibility before approving funding.
With us, you access an extensive network of bank and specialist lenders. That means hundreds of loan products to choose from and more room to negotiate for better terms. We also assist you with the choice, ensuring you choose one that best aligns with your current needs and future goals. .
We help you:
Align your loan with the building contract and payment schedule
Ensure progress payments match each stage of construction
Factor in buffers for cost variations or delays
Position your application to meet lender policy from the outset
From assistance with interpreting lender requirements to loan selection and approval, find comprehensive assistance at each step with our mortgage brokers by your side.
At Loan Studio, we stay involved to support you through the funding side of construction. That means guiding you on what’s required at each stage, helping you prepare for progress payments, and stepping in if lender processes slow things down.
Our support typically includes:
In Melbourne, timing between builder claims and lender approvals doesn’t always line up perfectly. Having someone who understands both sides can make the process easier to manage. Our goal is to keep your funding side running as smoothly as possible while your build progresses.
For more information about our services and how our mortgage brokers can help streamline your journey, get in touch with us today.
Our construction mortgage brokers manage loans that are released in stages rather than as a lump sum. We coordinate progress payments, lender approvals, and documentation throughout the build. Timing becomes critical, especially when builders are waiting on funds. Our brokers ensure each stage is funded correctly so construction can continue without unnecessary delays.
Progress payments are released at key stages such as slab, frame, lock-up, and completion. Funds are only drawn as needed, and interest is charged on the amount used. This structure helps reduce holding costs during construction. Our construction mortgage broker manages these payments to ensure they align with your builder’s schedule.
Yes, our new build mortgage broker can also assist with major renovations. Construction finance isn’t limited to new homes. If your renovation is significant and requires staged funding, lenders will assess it similarly to a new build. The broker helps structure the loan so it aligns with renovation timelines and lender requirements.
Most lenders require fixed-price contracts because they provide certainty around construction costs. This reduces risk for both the lender and borrower. In Melbourne, where costs can fluctuate, having a fixed contract makes the approval process more straightforward. As your chosen broker we ensure your contract meets these expectations.
It’s best to engage construction finance brokers before signing your building contract. Early involvement allows your loan to be structured correctly and ensures the contract aligns with lender requirements. Waiting too long can lead to delays or the need to revise contract terms.
Yes, our mortgage brokers for contractors specialise in handling variable income. We use documents like BAS statements, ongoing contracts, and business financials to present a consistent income profile. Some variation is expected in construction, but it needs to be clearly explained for lenders to assess it properly.
Once construction is finished, the loan typically transitions from interest-only repayments to principal and interest. The lender will require completion documents, updated valuations, and insurance details before finalising the loan. We manage this transition so there are no gaps in the process.
Construction loans involve more stages, documentation, and lender involvement than standard home loans. While the overall cost may not always be higher, the process requires closer management. Our construction mortgage broker can help handle these moving parts so the loan works smoothly from start to finish.
