Construction Home Loans
Build your dream home with a finance partner who knows construction inside and out.
More Than Just a Loan - A Step-by-Step Build Strategy
Construction finance isn’t like your typical home loan. You’re not borrowing a lump sum – you’re drawing down funds in stages as the project progresses. That’s why choosing a mortgage broker with construction lending experience is critical.
At XploreFS, we’ll walk you through each stage – from land purchase to final drawdown. We’ll help you understand the risks, assess your builder’s credentials, and prepare documentation that satisfies lender requirements. With our background in both property and finance, we know how to avoid unnecessary delays, minimise interest costs during construction, and give you full confidence in every decision.
We Understand the Process from the Inside
James doesn’t just read about property – he’s lived it. With a background working in senior roles for property developers, he knows what it takes to bring a building project to life – and where it can go off track. That gives you a serious edge when it comes to navigating lender policy, structuring your loan drawdowns, and managing approvals.
We know which lenders specialise in construction lending and what documentation each one expects. From cost breakdowns to progress payment schedules and builder insurances, we make sure every detail is handled properly so your project runs smoothly.
Tailored Lending for Every Stage of the Build
Your loan needs to flex with your project.
That’s why we go beyond approvals to help structure the right loan for your timeline and cash flow. We explain how interest is charged, how to manage your repayments while you’re still renting or living elsewhere, and how to keep the project on track financially from the first slab to final handover.
With over 45 lenders on our panel – including major banks, specialist lenders, and those offering fixed-price contract flexibility – we match your loan to your goals and get the timing right.
We’re With You Until You Turn the Key
At XploreFS, our job doesn’t end when the loan’s approved. We stay with you throughout the construction phase – helping you release funds for each stage, answering questions, and coordinating with your builder and bank to avoid delays.
And once the build’s complete? We’ll revisit your loan structure to make sure it still suits your goals – whether that means refinancing, switching to principal and interest, or starting your next project.
That’s what partnering with a true construction loan specialist looks like.
Frequently Asked Questions About Construction Home Loans
How is a construction loan different from a regular home loan?
Construction loans are paid out in stages (slab, frame, lock-up, fit-out, completion) instead of a lump sum. Interest is usually charged only on the amount drawn down, which helps manage costs during the build.
Do I need a fixed-price building contract to apply?
Yes, most lenders require a fixed-price contract with a licensed builder. This helps them (and you) manage risk and gives a clear roadmap for payments and approvals.
Can I buy land now and build later?
Absolutely. We can help you structure the loan as either a land loan with future top-up or a full construction loan with a timeline. There are specific lenders better suited to land banking – let’s chat about the right approach for your goals.
What documents will I need?
Typically you’ll need builder’s insurance, council-approved plans, a cost breakdown, and the fixed-price contract. Don’t stress- we’ll guide you through every requirement and liaise with your builder if needed.