Construction Loans
Turn your building plans into a reality with a construction loan
Rated 5 from 127 Reviews
Turn your building plans into a reality with a construction loan
Rated 5 from 127 Reviews
Getting a construction loan is a crucial step for those looking to build their dream home or undertake a significant renovation project. Construction Loans are specifically designed to provide funds in stages as the construction progresses, rather than as a lump sum upfront. Getting a construction loan can be complex, as in addition to understanding your financial situation, banks will generally need to understand the details of the build before providing approval. We can help you understand the process and make sure you have all the documentation required before submitting an application - saving you valuable time in getting your build underway.
Construction Loans operate differently to other types of loans with the funds being provided to pay builders and suppliers as the construction progresses. This means that you'll only pay interest on the funds you've accessed rather than the whole loan. Understanding how a Construction Loan operates and how it enables you to build or renovate is critical and we have the expertise to make sure you understand the process and get the right loan for you.
We're a proud member of the Mortgage and Finance Association of Australia and can help with Construction Loans right across Australia. If you're looking to build or renovate, we have the expertise and experience to guide you through the process and make the right choice.
TM
Tom McKinnon
Tori was great. I had a really positive experience with her. She got me a way better loan than the bank offered me and walked me through the whole process of buying a home (which I've never done before). She was patient when I asked seemingly stupid questions and was always happy to have a conversation over the phone. Highly recommend!
TR
Thomas Robinson
As a first home buyer, I was at a bit of a loss on how and where to get started. I couldn't have asked for a better mortgage broker than Tori. I called her more times than I'd like to admit, and every single time she picked up with patience, warmth, and genuine expertise. No question was ever too small or too silly. She explained everything clearly, helped me understand my options, and made me feel confident about every decision along the way. Tori was more than a broker, she was a real sounding board through the whole process. Her knowledge and calm, gracious manner turned what could have been a stressful experience into a smooth and even enjoyable one. I can't commend Tori and her team at Modern high enough!!
MS
Matt Spiers
I would like to thank Scott, he works hard, his communication is second to none and he is great at what he does. Straight up
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Yes, we are here to help you facilitate your next property decision. We understand that purchasing a new home is a significant milestone in your life. That's why we're here to make this journey as seamless and rewarding as possible. We take the stress out of finding the right home loan, so you can focus on what truly matters - making your dream home a reality.
Yes, for sure! We are here to help you every step of the way. From your initial inquiry to the moment of settlement, we are dedicated to ensuring that your journey of acquiring your first property is a stress-free experience, allowing you to savour every moment of the process.
Navigating the diverse landscape of commercial lending options can be a daunting task, but we're here to guide you through the process. Our expertise lies in helping you identify and secure the ideal loan to meet your specific business needs.
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