A construction loan is ideal for those planning to build a new property, or purchase land with the intention of building a property within 12 months.
With a construction loan, repayments will be made on an interest only basis with a variable rate; and will be progress payment based.
What else does the product offer?
- Owner-occupied or Investment properties
- Bridging finance available
- 100% offset available
- Secured visa card option up to $20k
- Fixed rates available
- Internet, phone and BPay access
- Additional repayments