construction loans

Build your ideal home

Finance to build your own home

If you have big plans to build a home of your own – or renovate your existing home – constructions loans can help you make it happen

build your own

Dreaming of your dream home? Construction loans are purpose-built (sorry, we had to).

renovate your home

We can help you free up equity to finance those ambitious renovations.

unlocking flexibility with construction loans

Embarking on a home construction project can be daunting, requiring meticulous planning and financial management. To navigate this process smoothly, you need a financing solution that offers flexibility and tailored support.

Construction loans, specifically designed for the unique needs of building or renovating your dream home, provide the perfect solution. Here’s why they’re the ideal choice:

Staged Funding
Unlike traditional home loans, construction loans provide funding in stages, aligned with the progress of your project. This ensures you only access funds as needed for each stage of construction.

Optimized Cash Flow
With staged funding, you’ll only pay interest on the amount you’ve accessed, not the entire loan amount. This optimizes your cash flow, especially if you’re renting while construction is underway.

Interest-Only Period

During the interest-only period, you’re not required to make principal repayments, easing financial pressure during the build phase.

Effective Budgeting
As your project progresses and you draw down more funds, be mindful that your interest payments will increase accordingly. Effective budgeting is crucial to manage this rise in interest costs as your project advances.

Construction loans
Great access to a range of construction loans
Construction loans differ from the usual home loan. For one, funds are released in instalments, in line with the progress of the build. They’re also structured in a way that reduces your repayment early on. We have insight into an impressive range of construction loan options that we’ll help you access to fund your dream home.
CONSTRUCTION LOANS
If there’s help available, why not take it up?
We can let you know if you qualify for any government grants and take you through the process of applying and securing the funding. Every little bit helps!
Construction loans
You may not have done this before, but we have
Building or renovating your own home is a huge undertaking! We’re always here to help decipher the bank and builder jargon, and keep you on top of what’s happening throughout the process.

hear from our clients

speak to an expert

call us

1300 728 893

prefer text?

0481 819 817

email us

hello@stellarfinancegroup.com.au

visit us (by appointment only)

45 Evans St, Balmain NSW 2041

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