Construction Loans

We'll help you fund your new build or renovation

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.

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Getting a Construction Loan

Initial Consult

Have a chat with one of our qualified brokers who will understand your situation and talk you through the next steps.

Fact Find

We'll work with you to understand a bit more about your situation (including your financials, assets etc.) to make sure you qualify for a Construction Loan.

Approval

We'll work to find an appropriate lender for your loan, taking into account your situation and loan type. We'll then handle the paperwork to get your Construction Loan approved.

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Our Latest Reviews

Sam Bowles

Very professional and extremely thorough. Highly recommend for first home buyers.

Isaac Mackenzie

Anthony went above and beyond with excellent communication and guidance throughout the process. As a first home buyer, I couldn’t have asked for a better broker — highly recommended!

Frangi Beauty

Anthony went above and beyond in helping us obtain pre-approval for a loan and purchasing our first home! He was very patient, kind and knowledgeable!

We work with Australia's biggest lenders and many more

Frequently Asked Questions

What documents will I need to apply for a home loan?

When applying for a home loan, you'll typically need to provide proof of identity, income verification, and details about your financial position.
We will guide you through the documents you need to supply once we understand your situation.

Can AW Mortgage Solutions help First Home Buyers?

Yes, we certainly can!
We pride ourselves on guiding and educating first home buyers when they are obtaining their first home loan. Understanding the various loan options available to you and what government incentives are available is critical when getting your first home loan.
Clear, jargon-free information is provided in a easy to understand way to help you make the right decision.

What is pre-approval and do I need it?

Pre-approval is when a lender agrees in principle to lend you a certain amount based on your financial situation.
It gives you confidence about your budget, shows real estate agents and sellers you're a serious buyer, and speeds up the final approval process once you find a property.

What is refinancing and when should I consider it?

Refinancing means replacing your existing home loan with a new one, either with your current lender or a different lender. People refinance for various reasons - you might want to access equity in your property, consolidate debts, or find a loan that suits your current circumstances.
We can review your existing loan and help you determine whether refinancing makes sense for you.

What does a mortgage broker do?

A mortgage broker acts as an intermediary between you and potential lenders. We work on your behalf to find suitable home loan options that align with your financial situation and goals. The research, paperwork, and negotiations with multiple lenders is done by us! This saves you considerable time and effort while giving you access to a broader range of loan products.
We guide you through each step of the borrowing process.

Can I get a home loan if I'm self-employed?

Absolutely! Being self-employed doesn't prevent you from getting a home loan.
Whether you're a sole trader, run a company, or work as a contractor, we'll help you gather the right documentation and find suitable lending options for your circumstances.