Construction Loans
Building or renovating? We’ll help you secure the right loan, manage progress payments, and keep your builder and bank on the same page.
Planning to build or renovate?
We’ll guide you through the process with the right construction loan and lender to suit your project.
Building a new home or major renovation? We’ll help you secure the right loan structure — and explain how construction finance actually works.
Construction loans are released in stages, and not all lenders do them — and those that do, don’t always do them well. We’ll guide you through lender selection, progress payments, and ensure your builder and bank stay aligned.
More loans. More choice.
We compare hundreds of options across 50+ lenders — including the big banks, credit unions, and smaller specialists — to help you find the right loan now, and down the track.
Services nothing short of outstanding
We have had the absolute pleasure of working with Patrick, and his service has been nothing short of outstanding. From the very beginning, he has been incredibly thorough, taking the time to explain every detail in a way that made the entire process so much easier to understand. His promptness and dedication in providing us with multiple options really went above and beyond our expectations. It’s clear that Patrick truly cares about his clients and their needs. We are confident that he will continue to provide exceptional service in the future, and we are already looking forward to our next business dealings with him. Highly recommend!
~ Mitch.
Meet Patrick Morgan
Director, OGMA Finance
Patrick has spent over a decade in the finance industry and is known for his ability to simplify complex scenarios and go the extra mile for his clients. He takes the time to understand your goals and tailors lending strategies to fit both your short- and long-term needs.
He specialises in owner-occupied and investment lending, and his work has been recognised with multiple national awards:
- 🏆 Finalist – Best Mortgage Broker 2025 (Better Business Awards)
- 🏆 Finalist – Best Finance Broker 2024 (Better Business Awards)
- 🏆 Finalist – Best Mortgage Broker 2024 (Better Business Awards)
- 🥇 Winner – Top Writing Broker 2018 & 2019 (1300 Home Loan)
Frequently Asked Questions
What is a construction loan?
A loan that’s drawn down in stages as your build progresses — not paid out in full upfront.
Do I make repayments during construction?
Usually interest-only on the drawn amount. We’ll explain how it works with your cash flow.
Can I borrow land and build costs together?
Yes — most lenders will package land and construction into one loan.
Do I need a fixed-price contract?
Most lenders require a fixed-price building contract before approving the loan.