Construction finance isn’t like a normal loan. Things work quite differently. At Bluebay Home Loans, we specialise in this type of finance, we’ve been doing it for years and work regularly with Australia’s leading builders.
How is a construction loan different?
The principal on this type of loan is made available in a series of progress payments, in time with the stages of construction. Everything has to be coordinated with the range of tradies and contractors building your home.
The Bluebay Home Loans difference
Construction loans are complex, so if you choose the wrong lender, things can get messy which could result in delays. With our experience, we know all the pitfalls to look out for in construction finance and all the efficiencies to ensure your progress payments are available when your builder needs them.
Our construction loans aren’t just hassle-free, they’re also affordable and convenient. We offer competitive interest rates, low-deposit options and all the features you need which include redraw facilities and an offset account.
Chat to us
Our friendly staff are here to walk you through your options and explain the process. Enjoy peace of mind and flexibility with Bluebay Home Loans.