Construction Loans

Turn your building plans into a reality with a construction loan

5.0

from 7 Reviews

We'll help you fund your new build or renovation

Building a home or investment property is an exciting project, but financing it can feel complicated. A construction loan is designed to make the process easier by releasing funds in stages as your build progresses, rather than as one large lump sum.

This staged approach means you only pay interest on the funds that have been drawn down, helping you manage cash flow while construction is underway. It also gives peace of mind that your lender is checking each stage of the build before funds are released.

At BetterLend, we help you:

Understand how construction loans work and how they differ from standard home loans
Get pre-approval so you know your budget before the build begins
Structure your loan to suit your project, whether it’s a new home, a major renovation, or a property development
Work with lenders who understand building timelines and staged payments

We specialise in helping first-time builders, investors, and self-employed clients who may face extra challenges with traditional lending.

Building can be stressful, but financing doesn’t have to be.

BetterLend is with you every step of the way — from planning your project to handing over the keys.

Ready to chat to one of our team?

Book an Appointment

Our Recent Reviews

Luke has helped me greatly in recent times to keep me on the best mortgage product that fits my circumstance. He makes the process very simple and stress free. I can absolutely recommend his services to anyone looking to refinance their loan. 110% happy client here.

Ben Cook

Luke is always so helpful and easy to work with. He is available any time to answer your questions and find the best possible option for you. Would highly recommend Luke and will continue to work with him in future.

Anthea Georgiou

Luke from BetterLend did an excellent job of helping us with our mortgage. Luke provided us with all the information we needed, explained all of our options and made it very easy to get our home loan assessed and approved. His communication is both professional and knowledgeable, making the mortgage aspect of the home buying process smooth and stress-free!

Shane Ducksbury

My partner and I just bought our first home, and we truly couldn't have done it without Luke! From the very beginning, he was incredibly supportive, patient, and knowledgeable—always taking the time to explain every step of the mortgage process in a way that made us feel confident and informed. He helped us navigate everything from pre-approval to settlement with ease, and was always quick to respond to questions, even outside regular business hours. We’re so grateful for his guidance and can’t recommend them highly enough to anyone looking for a trustworthy and experienced mortgage broker. Thanks again!!

MitchC

Frequently Asked Questions

What does a mortgage broker actually do?

Luke will help you understand your borrowing options, compare suitable loans from his panel of lenders and manage your application through to settlement. He’ll handle the lender discussions, paperwork and follow-up while keeping you informed at every stage.

Why use a mortgage broker instead of going directly to a bank?

A bank can only offer its own products. Luke can compare options from a panel of banks and non-bank lenders, giving you a broader view of what may suit your circumstances. As a mortgage broker, Luke is legally required to act in your best interests when providing credit assistance.

Can you help First Home Buyers?

We love helping First Home Buyers! We're experts at the entire process and can help you get the right Home Loan. We're also across the various schemes to help First Home Buyers such as the First Home Owners Grant and the various stamp duty exemptions available.

Can Luke find me the lowest interest rate?

The lowest advertised rate isn’t always the lowest-cost or most suitable loan. Luke will compare interest rates alongside fees, loan features, lending criteria and flexibility. He’ll explain the available options and why a particular loan may be appropriate for your circumstances and goals.

What’s involved in refinancing a home loan?

Luke will begin by reviewing your current loan, interest rate, repayments and goals. He’ll then compare suitable alternatives and explain the potential benefits, fees and switching costs. If you decide to proceed, Luke will prepare the application, coordinate any valuation, manage the approval and discharge process, and keep you updated through to settlement.

What happens during my first appointment?

Luke will take the time to understand your goals, income, expenses, existing debts, deposit and future plans. From there, he can estimate your borrowing capacity and explain the next steps. It helps to have recent income documents, bank statements and details of your current debts, but you don’t need everything prepared before the first conversation.

Contact

Oyster Bay, NSW

0417432504

BETTERLEND MORTGAGE CORPORATION PTY LTD ABN: 32 666 834 073. Credit Representative #530790 is authorised under Australian Credit Licence #391237

Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.