land & construction loans
Building Your Dream from the Ground Up
We understand that building your dream home or investment property requires a different approach to financing. That’s where land and construction loans come in. Whether you’re purchasing land to build your future home or developing an investment project, these loans are designed to provide flexibility and financial support throughout the entire building process.
Why Choose a Land & Construction Loan?
Staged Payments: Construction loans offer progressive payments at each stage of the build—land purchase, slab down, frame up, and final completion—so you only pay interest on the funds you’ve used.
Lower Initial Payments: During construction, you often only need to make interest-only repayments, helping you manage your finances while your property is being built.
Custom Loan Terms: Construction loans are tailored to your building timeline, offering flexible terms and repayment options to suit your needs.
Consolidated Financing: Roll both the land and construction costs into a single loan for simplicity and ease.
The Land & Construction Loan Journey with Finans Brokers:
Pre-Approval & Planning: We help you secure a pre-approval so you can confidently purchase land and work with builders, knowing your finances are in order.
Flexible Loan Structure: We’ll work with over 60 lenders to find a construction loan that fits your project timeline, offering competitive rates and flexibility at every stage.
Progress Payments: As your build progresses, we manage the release of funds to your builder, ensuring everything runs smoothly while keeping your finances in check.
Final Settlement: Once your dream property is complete, your construction loan converts into a standard home loan, ready for you to enjoy your new space or lease it out as an investment.
Additional Benefits of Land & Construction Loans:
Interest-Only Options: Pay only the interest during the build, easing the financial load until construction is finished.
Future Flexibility: Once your construction is complete, we’ll help you find the best refinancing options to ensure your loan structure continues to work for you.
Tailored Solutions: Whether you’re building your forever home, a duplex, or an investment property, we customize your loan to suit your specific goals.
At Finans Brokers, we’re here to guide you through the entire land and construction loan process. From purchasing the land to the final stages of your build, our expert team ensures your loan works in sync with your construction plans, so you can focus on turning your vision into reality.