{
  "source": "https://api.cds.boqspecialist.com.au/cds-au/v1/banking/products/8eb23721-102c-ee11-9965-002248e1d56c",
  "note": "Product Reference Data published by the data holder under the Consumer Data Right, as cached by this site (refreshed every 6 hours).",
  "data": {
    "productId": "8eb23721-102c-ee11-9965-002248e1d56c",
    "lastUpdated": "2026-06-26T05:28:43Z",
    "productCategory": "BUSINESS_LOANS",
    "name": "Construction Loan",
    "description": "A construction loan is a facility with the flexibility to make progress payments to your builder throughout the construction period as each building stage is completed.",
    "brand": "BOQS",
    "brandName": "BOQ Specialist",
    "applicationUri": "https://www.boqspecialist.com.au/practice-finance/commercial-property-loans",
    "isTailored": true,
    "additionalInformation": {
      "overviewUri": "https://www.boqspecialist.com.au/practice-finance/commercial-property-loans",
      "termsUri": "https://www.boqspecialist.com.au/practice-finance/commercial-property-loans",
      "eligibilityUri": "https://www.boqspecialist.com.au/about",
      "feesAndPricingUri": "https://www.boqspecialist.com.au/practice-finance/commercial-property-loans"
    },
    "features": [
      {
        "featureType": "OTHER",
        "additionalInfo": "While they're building, you only pay interest on the progress claims made."
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Instead of lending you the whole amount upfront, we make a series of progress payments to your builder as they reach certain stages in the building process."
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Do major renovations to a property you already own."
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Build a new structure on land you already own."
      }
    ],
    "eligibility": [
      {
        "eligibilityType": "OTHER",
        "additionalInfo": "Exclusively available to medical, dental, veterinary and accounting professionals.",
        "additionalInfoUri": "https://www.boqspecialist.com.au/about"
      }
    ],
    "fees": [
      {
        "name": "Valuation Fee",
        "feeType": "EVENT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Charged for external property valuation costs where a property valuation is required."
      },
      {
        "name": "Arrears Management and Administration Fee",
        "feeType": "EVENT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Charged for the management of any contract in arrears. $140 per hour per staff required to attend."
      },
      {
        "name": "Consent to lease Fee",
        "feeType": "VARIATION",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "395.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged when a consent to registration of lease and production of Certificate of Title is required."
      },
      {
        "name": "Quantity Surveyors Fees",
        "feeType": "EVENT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Charged for external services provided by a Quantity Surveyor on construction facilities where these services are deemed by Us as required."
      },
      {
        "name": "Termination Fee",
        "feeType": "EXIT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Payable if an agreement is terminated before expiration of the term of that agreement."
      },
      {
        "name": "Government Stamp Duty",
        "feeType": "OTHER",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Charged if a NSW deal and stamp duty applies."
      },
      {
        "name": "Application Reassessment Fee",
        "feeType": "VARIATION",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "250.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged when an application is reassessed."
      },
      {
        "name": "Settlement Cancellation Fee",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "150.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged if a booked settlement does not proceed."
      },
      {
        "name": "Monthly Account Keeping Fee",
        "feeType": "PERIODIC",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "20.0000"
        },
        "currency": "AUD",
        "additionalValue": "P1M",
        "additionalInfo": "Charged monthly in arrears (with the first payment due one month after the day the advance or the first part of it is drawn to or to the order of the Customer) for the provision and maintenance of the facility."
      },
      {
        "name": "Credit Card Payment Fee",
        "feeType": "TRANSACTION",
        "feeMethodUType": "rateBased",
        "rateBased": {
          "rateType": "BALANCE",
          "rate": "0.0150000000000000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged when loan payment via BOQS credit card."
      },
      {
        "name": "Legal Fee (including settlement and agent fees)",
        "feeType": "EVENT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Charged when solicitors need to be involved with matters relating to the documentation and settlement of loans."
      },
      {
        "name": "Construction fee",
        "feeType": "VARIATION",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "395.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged on expiry date which is the day on which the final repayment is due under the repayment schedule. 1.10% of the total amount of the principal outstanding (where the total amount of escrow finance is equal to or less than $200k). 0.80% of the total amount of the principal outstanding (where the total amount of escrow finance is greater than $200k and equal to or less than $500k). 0.50% of the total amount of the principal outstanding (where the total amount of escrow finance is greater than $500k)."
      },
      {
        "name": "Substitution/Assignment/Novation Fee",
        "feeType": "VARIATION",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "$450 plus any applicable External Costs."
      },
      {
        "name": "Documentation or Establishment Fee",
        "feeType": "UPFRONT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Charged for set up of the Facility."
      },
      {
        "name": "Trust Deed Review",
        "feeType": "VARIATION",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "220.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged when a trust deed requires review."
      },
      {
        "name": "Variation Fee (including increase, extension, substitution, novation)",
        "feeType": "VARIATION",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "$395 - $950. Charged for any variations made to the loan that need documentation."
      },
      {
        "name": "Discharge Fee",
        "feeType": "EXIT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "$150 (PPSR security), $250 (property). Charged each time a security is discharged (per security)."
      },
      {
        "name": "Special Attendance Fee",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "450.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged if you require any special attendance (for example, the production of the title for any reason, consent to a subsequent mortgage, variation or substitution of security). $450 plus any applicable External Costs."
      },
      {
        "name": "Information Fee",
        "feeType": "ENQUIRY",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Charged each time you request us to provide information about your facility, including preparing figures and retrieving documents (for example subpoenas and family law proceedings). $80 per hour per staff required to attend."
      },
      {
        "name": "Payment Dishonour Fee",
        "feeType": "DISHONOUR",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "15.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged each time a cheque or payment made by you is dishonoured."
      },
      {
        "name": "SWIFT Fee",
        "feeType": "PAYMENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "30.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged if sending payment via SWIFT."
      },
      {
        "name": "Additional Valuation Fee",
        "feeType": "VARIATION",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Charged for additional valuation required by us."
      },
      {
        "name": "Bank Cheque Fee",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "25.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged if sending payment via Bank Cheque (per bank cheque)."
      }
    ],
    "lendingRates": [
      {
        "rate": "0.1070000000000000",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P1M",
        "additionalInfoUri": "https://www.boqspecialist.com.au/important-information/commercial-residential-reference-rates",
        "lendingRateType": "VARIABLE",
        "interestPaymentDue": "IN_ARREARS",
        "repaymentType": "INTEREST_ONLY",
        "loanPurpose": "OTHER"
      }
    ]
  }
}