Specialist Construction Finance Broker for Land & Construction Loans
Expert guidance through every stage of your property development journey
At Mason Finance Group, we’re experts in construction finance, helping you secure the right loan for your land purchase and building project.
Our experienced brokers understand the complexities of construction lending and go beyond the basics to deliver tailored solutions that align with your goals, timeline, and budget.
- Access to 60+ lenders specialising in construction loan products
- Smooth, stress-free application process designed to save you time
- Tailored finance solutions for land purchases, new builds, renovations, and house & land packages
Your Dedicated Construction Finance Specialists
Building your dream home? It takes more than just a vision, it takes the right finance strategy. Unlike buying an existing property, construction finance is a complex process that involves multiple stages, separate settlements for land and build, and a level of complexity that most lenders treat as two distinct applications.
At Mason Finance Group, as experienced construction finance brokers, we specialise in simplifying construction finance. Our expert brokers handle the entire process, assessing your unique needs, navigating lender requirements, and securing the right loan structure, so you can focus on the exciting part: bringing your new home to life.
Our tailored construction finance solutions include:
- Land purchase loans
- New home builds
- House & land packages
- Off-the-plan purchases
- Major renovations
- Custom builds
Helping You Understand Land & Construction Loans
If you're thinking of building your own home from scratch, it's a smart move to research your finance options before you enter into a building contract.
The Construction Loan Application Stage
When financing a construction project, lenders typically manage your initial application as two separate but simultaneous components - one for the land purchase, the other for the completed house and land cost.
The second application will ultimately replace the first, leaving you with a single consolidated loan.
Our construction finance brokers guide you through this process, ensuring all documentation is properly prepared and submitted to maximise your approval chances.
Managing Your Construction Finance
Most lenders and major banks require construction to commence within two years of settling on your land. This doesn't mean you need to complete your home within this timeframe - just that building must begin within the specified period.
Construction payments typically follow a milestone-based schedule, with funds released after each of the stages of construction
- Slab/base stage
- Frame stage
- Lock-up stage
- Fit-out stage
- Completion stage
Our experienced construction loan brokers work closely with you, your builder and your lender to ensure smooth processing of progress payments throughout the construction phase.
Construction Loan Repayment Options & Strategies
During construction, lenders only charge interest on the amount drawn down, meaning your repayments gradually increase as your build progresses. This helps manage cash flow during the building process.
While most construction loans feature variable interest rates, some lenders offer fixed-rate options. If you choose a fixed-rate construction loan, you may have different rates applied to your land loan and construction components.
Our construction finance specialists can help you determine the most cost-effective repayment strategy based on your specific circumstances and financial goals.
Construction Finance Options
Tailored Lending Solutions for Your Building Project
As specialist construction finance brokers, we understand that every building project has unique requirements. We work with over 60 lenders to find the most suitable construction loan solution for your specific needs.
Land Purchase Loans
Secure competitive finance for your block of land with loan-to-value ratios (LVRs) up to 95% for suitable applicants. Our brokers can help you understand lender requirements regarding land size, zoning, and development timeframes.
New Home Construction Loans
Access specialised construction finance with progressive draw-downs aligned to your builder's payment schedule. We help structure your loan to minimise interest costs during the building phase while ensuring funds are available when needed.
House & Land Package Finance
Simplify the process of purchasing a house and land package with a streamlined finance solution. Our brokers understand the specific requirements for different types of packages and can help you navigate the settlement process.
Renovation Finance Options
Whether you're undertaking a major renovation or adding an extension, we can help secure the right finance solution. From construction and renovation loans and equity release strategies to financial advice and insight, our brokers will explain your options in clear, straightforward terms.
Financial Tools & Resources
Make Informed Construction Finance Decisions
When it comes to construction finance and property development loans, making informed decisions starts with having the right tools and knowledge. Our easy-to-use calculators give you clarity on your financial position, your borrowing power and what you can expect from potential loan repayments, so you can plan with confidence and move forward with certainty.
Why Choose Mason Finance Group?
Construction Loan Specialists Working for You
Securing construction finance demands specialised expertise, and that’s exactly what our mortgage brokers bring to the table. We understand the unique challenges and opportunities in development lending and work exclusively for you, not the banks.
We take the time to deeply understand your project’s scope, timeline, and budget before crafting a finance solution tailored to your needs. With access to over 60 lenders and a sharp eye for opportunity, we’re often able to negotiate better terms than you’d find going it alone, saving you time, money, and stress.
Our construction home loans and finance services include:
- Comprehensive assessment of your borrowing capacity
- Detailed explanation of different construction loan structures
- Management of complex documentation requirements
- Coordination with your builder on progress payment schedules
- Ongoing support throughout the entire construction process
Common Questions About Construction Finance
We’ve got your questions covered.
What's the difference between a standard home loan and a construction loan?
Construction loans are specifically designed for building projects with funds released in stages as construction progresses. Unlike standard home loans where you receive the full amount upfront, construction loans feature a progressive draw-down structure aligned with building milestones. This means you only pay interest on the funds used during each stage of construction.
How much deposit do I need for a construction loan?
Most lenders require a minimum 5-10% deposit for construction loans, though this can vary based on your circumstances and the specific lender. Some lenders may require up to 20% for certain construction projects. Our brokers can help you find options that match your available deposit and financial situation.
Can you help me understand the construction loan draw-down process?
Absolutely. Construction loans typically release funds at five key stages: slab/base, frame, lock-up, fit-out, and completion. Each payment requires builder invoices and sometimes inspection reports. Our brokers coordinate this process between you, your builder and your lender to ensure smooth, timely payments throughout your construction project.
What documentation do I need for a construction loan application?
For construction finance, you'll typically need standard loan application documents (ID, income verification, etc.) plus building-specific documentation including council-approved plans, building contract, builder's insurance, and costings. Our construction finance specialists will provide a comprehensive checklist tailored to your specific situation.
How will you decide which construction loan is best suited to my circumstances?
With access to over 60 lenders, we have numerous options available. We determine the most suitable construction finance solution by thoroughly discussing your specific requirements, timeline and long-term goals. We then present you with appropriate options, clearly explaining the pros and cons of each, so we can make an informed decision together.
