CONSTRUCTION · BUILDING NEW
New build loans
Construction finance that keeps pace with the build, slab to keys
Talk to a broker$2bn
Settled
5,500+
Clients
50+
Lenders
5.0
350+ reviews
Meet your specialist
Sergio Stefano
CEO & Head Broker
Sergio founded Brokerage & Co believing people deserved more than transactional finance. As FBAA State President for SA and NT, he also works to raise industry standards.
Building new is exciting, right up until the finance gets complicated. A build loan doesn't behave like a normal one: the money comes out in stages as each part of the build is finished, valuations happen along the way, and the timeline stretches well past a standard purchase. Miss a step and your builder's left waiting.
We handle build loans day in, day out. We line up the right lender, set the loan up to release funds smoothly at every stage, and stay across the paperwork so the build keeps moving and you're not chasing anyone.
From the slab to the keys, we're in your corner to keep the finance in step with the bricks.
How do construction loan progress payments work?
The lender releases funds in stages, typically slab, frame, lock-up, fit-out and completion, paying the builder as each stage is verified. You generally pay interest only on what has been drawn.
Do first home buyer grants apply to new builds?
South Australia's first home buyer support is strongest on new homes, including grants and stamp duty relief for eligible buyers. Criteria change, so we check what applies at the time.
What deposit do I need to build?
It depends on the land, the contract and the lender, and valuations that lag the contract price are the common surprise. We give you the honest number early and watch the paperwork so the build keeps moving.
Our clients’ stories
What happens when you reach out
- 1
The conversation: 15 minutes on the land, the builder, the contract and your timeline.
- 2
The structure: a build loan set up to release funds smoothly at every stage, with the valuation risks mapped.
- 3
The application: packaged across the lenders who do construction well, and managed through to approval.
- 4
The build: we stay across the progress payments and paperwork, so your builder is never left waiting.
Straight from Sergio
“Service like no other! I've never had a mortgage broker so on the ball. Great advice, friendly and professional.”
“Told him about a complicated financing scenario. He told us step by step the best way to proceed. I'd recommend him to anyone!”
“Outstanding service. No question was too much and no call was ever a bother. His response time reflected his work ethic.”
“Always extremely responsive and willing to go that extra yard. I could not recommend his service enough.”
Get in touch
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Free guide
Your construction loan guide
How progress payments, valuations and the build timeline work, in plain English. Leave your name and email and the guide is yours.
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Worth knowing
How do progress payments work?
The lender releases funds in stages, typically slab, frame, lock-up, fit-out and completion, paying the builder as each stage is verified. You generally pay interest only on what has been drawn, which keeps costs down during the build.
Do first home buyer benefits apply to new builds?
South Australia's first home buyer support is strongest on new homes, including grants and stamp duty relief for eligible buyers. Criteria change, so we check what applies at the time. See our first home buyer page for the full picture.
What can go wrong with build finance?
The common ones: valuations that lag the contract price, delays that outrun approval windows, and variations that blow past the loan amount. All manageable with the right lender and someone watching the paperwork, which is our job.
What does your service cost?
Nothing. Some brokers charge for their advice; we expressly do not. Lenders pay us on settlement, disclosed up front.
In your corner
Tell us what you're working toward and we will map the path. 1300 941 446, or book a time that suits.