Development And
Construction Loans
Building your dream home or wanting to renovate your current property? Are you a property developer in need of a Loan to take your construction project to the next level?
Applying for a construction loan will help you financially on your journey, assuring the process is stress-free to suit your current lifestyle. At Azura Financial, we can help get you the best construction loan interest rates in Australia.
How to get a construction loan
Renovating or constructing your new home, we can assist you with finding the most suitable construction home loan for your project. At Azura, we offer construction loans, also known as building loans, to help with the financial process of your construction development.
Firstly you will need to organise a project plan, including a professional team to cooperate with you on this construction journey. You should consider having a project manager, who can offer guidance and organisation during your construction process.
How does a construction loan work?
We are able to facilitate you financially by providing progressive payments, this is when you pay in portions, rather than paying a lump sum at the beginning of your construction project.
This provides the advantage of only paying interest on the money you use and interest-only repayment options during the build period.
Construction loan requirements
To receive a construction loan from our organisation, you must choose a registered builder and provide a suite of necessary documents, such as council plans and permits, insurance provisions, and a fixed-price contract with a Progressive Payment Schedule.
Once we have determined your eligibility with your provided documents and meeting all the lending requirements, we will approve your loan.
Contact Us
Interested in securing the best rates possible or need some expert advice to help you through the loan process?
Please send us an email or give us a call at any time, our team of experts are happy to help.
Tom and the team at Azura are brilliant – pro-active, responsive, always great to deal with. Wouldn’t contemplate working with anyone else. 5 stars.
Elia has been our broker for more than 5 years. Very easy to work with, no pressure, clear easy to follow instructions and even supported us to when we found a better rate on own too. Many thanks Elia.
Max and his team were fantastic. Explained everything clearly at every step of the way and always had time for my questions. Will absolutely be using Azura again in the future and would happily recommend anyone!
Tom and the team at Azura are brilliant – pro-active, responsive, always great to deal with. Wouldn’t contemplate working with anyone else. 5 stars.
Tom and the team are really amazing! They negotiated a much better rate than the bank was offering and has saved us thousands. They are located in Double Bay and are probably used to dealing with mortgages way bigger than ours but I never once felt like I was a lower priority. It was a really fantastic experience during a pretty stressful time.
I highly recommend Azura Financial. Tom, Felix and Jay made the financial process of buying a property super easy and seamless. They negotiated a competitive rate for me and completed my settlement paperwork really quickly! Will gladly work with them again in the future.
Have been using Azura Financial nearly 3 years, recently they helped us refinanced our property for further investment purpose. I’d recommend it to my friends, not only about the competitive interest rate, but also about their outstanding services. Especially one of their client managers who provided us an excellent finance solution and followed our case end to end.
I am a buyers agent and have referred to Max from Azura Finance many times. It was actually great to be on the other side and have him help me with my mortgages. We had a very complex set up which Max patiently explained in detail. Great communication and responsiveness and I’ve also saved thousands p/a on my 4 loans. Thanks Max I appreciate all your hard work!
Tom and his team have their finger on the pulse when it comes to everything finance. They are always one step ahead and keep on top of my finances so I don’t have to. His team offer a premium service and are very efficient. Couldn’t recommend more highly.