Build Your Home

Finance your new build or construction project

Build Your Home

Building a new home is an exciting journey, but financing a construction project is different from buying an existing property. There are progress payments, building contracts, and specific lending requirements to navigate.

Our advisers have extensive experience with construction loans. Whether you're building from scratch, doing a major renovation, or buying a turnkey new build, we can help you find the right finance solution.

We'll guide you through the process, help you understand the different loan structures, and work with you and your builder to ensure payments are made smoothly throughout construction.

How We Can Help

Explain the difference between progress payment loans and turnkey finance

Help you understand what lenders require for construction lending

Review your building contract to ensure it meets lender requirements

Set up progress payment schedules aligned with your build stages

Access the First Home Loan scheme for new builds with lower deposit requirements

Arrange finance for land purchases while you plan your build

Navigate the additional requirements for owner-builder projects

Frequently Asked Questions

With a progress payment loan, funds are drawn down in stages as construction progresses. Typically there are 5-7 progress payments aligned with building milestones (foundation, framing, roof, etc.). You only pay interest on the amount drawn.
First home buyers building new may qualify for as little as 5% deposit through the First Home Loan scheme. Standard builds typically require 20% of the land + build cost. We can help you access your KiwiSaver to boost your deposit.
Yes, we can often arrange pre-approval based on estimated costs while you finalise your plans. Once your building contract is signed and plans are complete, we'll update the application for final approval.
Cost overruns are common in construction. We recommend building in a contingency (usually 5-10%) and discussing this with your lender upfront. If costs escalate, we can help you explore options to cover the shortfall.
Most lenders prefer fixed-price contracts as they provide cost certainty. Some will consider cost-plus contracts with appropriate contingencies. We can advise on what different lenders require.

What Our Clients Say

Johnny and his assistant Peach were both incredibly helpful throughout our home buying journey. As first-home buyers, we really appreciated their clear guidance, patience, and responsiveness. They made the whole mortgage process much easier and less stressful for us. We felt well supported every step of the way and would highly recommend their services.

I recently had the pleasure of working with Susan Wu, and I couldn't be more impressed. Her professionalism and expertise in securing my home loan were remarkable. Susan guided me through the entire process, ensuring I understood each step. Thanks to her dedication and diligence, I now have a home loan that perfectly fits my needs. I highly recommend Susan for anyone seeking a knowledgeable and reliable finance broker.

Qiang Gao

Susan WuSusan Wu

Susan was extremely professional and efficient from start to finish. She consistently returned my calls promptly and took the time to ensure I fully understood each stage of the process before moving forward. She was patient, thorough, and always provided sound advice. Susan clearly and concisely explained every document and step involved, and was impressively prompt in sending through all necessary paperwork. Thanks to her, my first home-buying experience was smooth and stress-free. I couldn’t have asked for a better advisor, and I would absolutely choose to work with her again for any future property purchases.

Ready to Get Started?

Talk to one of our friendly mortgage advisers today. Our service is usually at no direct cost to you.