Build Your Dream Home with Confidence

Building a home is one of the most exciting journeys you can embark on, but the financing works differently than buying an established property. You need a specialist who understands the ins and outs of a Construction Loan in Australia.

How Construction Loans Work: The Progress Payments Unlike a standard mortgage, construction loans are released in “drawdowns” or progress payments at various stages of the build to protect your cash flow. We guide you through every step:

Slab Down: Funds released for the foundation.

Frame Stage: Walls and roof trusses go up.

Lock-Up: Windows and doors are installed; the home is weatherproof.

Fit-Out: Internal fittings, plumbing, and electrical work.

Practical Completion: Final touches and handover.

Interest-Only During Construction To keep costs manageable, most lenders only charge interest-only repayments on the funds that have actually been drawn down during the build. This saves you money while you are likely paying rent or another mortgage elsewhere.

We liaise with your builder and the lender to ensure payments are made on time so your project stays on schedule. Let Sri Finance lay the financial foundation for your new home.