CONSTRUCTION HOME LOANS
Building a new home is an exciting journey, but navigating construction finance can feel complicated. At Fulton Financial, we help you explore construction home loan options, understand the lending process and find suitable finance to bring your building plans to life.
From construction loan approvals to progress payments, we'll explain the process and help you understand what to expect.
Compare construction home loan options from multiple lenders to find suitable finance for your build and budget.
Help from Fulton Financial comes at no cost to you.*
Building your own home gives you the opportunity to create something that's truly yours. But between finding the right builder, understanding construction costs and arranging finance, there's a lot to organise before the first brick is laid. Unlike a traditional home loan, a construction home loan generally releases funds in stages as your build progresses, making the lending process a little different.
At Fulton Financial, we're here to make those differences easier to understand. As your construction loan broker, we'll help you explore suitable lenders, understand deposit requirements and navigate progress payments, loan approvals and documentation. With personalised guidance and straightforward advice, you can focus on the excitement of bringing your dream home to life.
No two home builds are exactly alike, and finding the right construction loan means considering more than just the interest rate. Your land purchase, building contract, construction timeline and available deposit can all influence which lending solution best suits your circumstances. Understanding how progress payments work and what happens if construction costs change is also an important part of preparing for your build.
We'll help you compare construction home loan options from multiple lenders, explain the lending requirements and guide you through the application process. From your initial borrowing assessment to coordinating finance during construction and preparing for the transition to regular home loan repayments, we'll be there to help you navigate each stage with confidence.
A SIMPLER WAY FORWARD
Clear advice and practical guidance at every step of your home loan journey.
YOUR HOME LOAN JOURNEY
01 Let's talk
02 Explore options
03 Move forward
We'll get to know your building goals, financial circumstances, budget and where you're up to in the planning process.
We'll assess your borrowing capacity, discuss your deposit and compare suitable construction home loans.
We'll help organise your building contract, plans, financial documents and other information required by the lender.
We'll submit your application and guide you through the lender's assessment, valuation and approval requirements.
As construction progresses, we'll help you understand the lender's progress payment process and coordinate finance-related requirements.
Once construction is complete and final lender requirements are satisfied, your loan generally transitions to its ongoing repayment arrangements. We'll be here to help with any questions.
LET'S TALK HOME LOANS
Buying, refinancing or investing? Tell us a little about what you need and we'll help you explore your options.
Leave your details and we'll be in touch.
^Individual lenders may charge fees to the customer.