Construction Loans

Construction Finance

Making the decision to build or renovate your own home can be a very exciting time.

When you are constructing a home, you don’t require the entire loan all at once – you will most likely need to pay in stages. This is great, because it means that you will only be paying interest on the money that has been drawn down.

The bank usually arrange an inspection at each of the construction stages where payment is required, meaning that you won’t pay for work that hasn’t been completed.

Considerations

In order to qualify for a construction loan, there are several requirements that must be met, including

Accession Finance can discuss your loan options and present you with the options we feel would be best for your circumstances. If you are uncertain about the above considerations, we would also suggest that you seek advice.

Contact Us

This information is provided only as a guide. Accession Finance will give you a better understanding of your position with a free consultation. Call us on 03 9397 2824 or email via the Contact Us page

Services

Residential Finance

Owning your own home is the Great Australian Dream – but each home owner has unique circumstances. At Accession Finance we don’t believe in a one-size-fits all approach.

First Home Buyers

Congratulations on your decision to buy your first home. We know this is a very exciting and overwhelming time for you and we are glad that you have found your way to our website.

Investment Finance

The need for a vehicle upgrade or repair can sometimes occur before you have an opportunity to save for it. In this case, we can arrange for finance to be turned around quickly.

Construction Loans

Car & Personal Finance

Congratulations on your decision to buy your first home. We know this is a very exciting and overwhelming time for you and we are glad that you have found your way to our website.

Debt Consolidation

Some people choose to consolidate because meeting multiple repayments of different loans can be difficult to stay on top of. The timing of each repayment may have different dates …

Self Managed Super Funds

If you are amongst the growing number of people that have decided to manage their own super fund, we can facilitate loans to assist you with your investment strategy.