Construction Loan
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.
- From
- 10.7%
- Variable
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 10.7% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Valuation Fee Charged for external property valuation costs where a property valuation is required. | Event | Variable |
| Arrears Management and Administration Fee Charged for the management of any contract in arrears. $140 per hour per staff required to attend. | Event | Variable |
| Consent to lease Fee Charged when a consent to registration of lease and production of Certificate of Title is required. | Variation | $395.00 |
| Quantity Surveyors Fees Charged for external services provided by a Quantity Surveyor on construction facilities where these services are deemed by Us as required. | Event | Variable |
| Termination Fee Payable if an agreement is terminated before expiration of the term of that agreement. | Exit | Variable |
| Government Stamp Duty Charged if a NSW deal and stamp duty applies. | Other | Variable |
Features
- While they're building, you only pay interest on the progress claims made.
- 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.
- Do major renovations to a property you already own.
- Build a new structure on land you already own.
Eligibility
- Exclusively available to medical, dental, veterinary and accounting professionals.
More Information
Published by BOQ Specialist under the Consumer Data Right · Last updated 26 June 2026 · Product ID 8eb23721-102c-ee11-9965-002248e1d56c · View on CDR.gov.au · View Source Data (JSON)