What is a construction loan?
A construction loan is a short-term loan designed to finance the cost of building or renovating a home. Unlike standard home loans, the funds are released in stages — known as progress payments — as each part of the construction is completed.
At h2o Loans, we help you secure a construction loan that aligns with your build schedule, budget, and long-term goals. From land purchase to final handover, our team supports you with expert advice and lender comparisons to ensure your project runs smoothly.
How does it work?
A construction loan is structured differently from a standard home loan. Instead of receiving the full loan amount upfront, your funds are released in stages as the build progresses — ensuring you're only paying interest on what you use.
Key Stages of a Construction Loan
The loan is paid to your builder across specific milestones known as progress payments. These typically align with stages such as slab, frame, lock-up, fit-out, and completion.
- Loan approved based on construction plans and builder quotes
- Funds released in stages as construction milestones are reached
- You only pay interest on the amount drawn at each stage
How h2o Loans Supports You
We liaise directly with your lender, builder, and you — ensuring documents are processed promptly and each progress payment is made without delay. From planning to handover, we’ll guide you every step of the way.
With h2o Loans, your construction journey becomes smoother, more predictable, and fully supported by experts who understand the process inside and out.
Calculators
Buying a Property for yourself
or as an Investment
Whether you're purchasing your first home, upgrading, or entering the property market as an investor, navigating finance can feel overwhelming. That’s where we come in.
At h2o Loans, we simplify the lending process by comparing multiple lenders, negotiating competitive rates, and guiding you from application to settlement — all tailored to your property goals.
We are here to help you through the process
80%
Covered
Build you next home
Building a new home is an exciting journey — and with the right finance in place, it can be a smooth one too. Whether you're upgrading, downsizing, or designing your forever home, h2o Loans helps you secure a construction loan that fits your timeline and budget.
We'll guide you through every step, from pre-approval to final payment. With access to trusted lenders and tailored solutions, we make the building process simpler, faster, and more transparent — so you can focus on turning your vision into reality.
Hear what people say about Us
"“I Was Surprised About The Speed Of The Approval”"
"“When Your Mortgage Approval Was Super Fast”"
"“When Your Client Called You At 8PM”"
"“What Our Clients Said Was Unbelieveable”"
"“We Finally Got Our Dream Home”"
"“We Were Confused, It Was Our First Time”"
Find the best finance solution that's right for you.
Speak to a finance expert today
We work together, as a
seemless team to help
you on your journey
At h2o Loans, we believe that buying a home or investing in property should never feel overwhelming. That's why our brokers, loan specialists, and support staff collaborate closely with you — making the process clear, fast, and stress-free. From application to settlement, we're with you every step of the way.
