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Construction Loan

A construction loan, especially tailored by Innovate Funding, is a distinct financial solution designed to support your building or renovation projects in Australia. Here's an in-depth guide to how our specialised construction loan services can make your property development dreams a reality using first or second mortgage security.

What is a Construction Loan?

A construction loan is a short-term, interest-only loan to finance a building or extensive renovations. Innovate Funding offers this unique nonbank solution to align with your specific construction milestones, covering costs such as materials, labour, and other essential expenses.

Prospective homeowners reviewing construction plans with Innovate Funding representative, the leading non-bank lender in Australia

Benefits of Innovate Funding's Construction Loans


Tailored Financing:

Every construction project is unique, and our tailored construction loans reflect this, offering personalised financing to meet your requirements.


Competitive Rates:

Innovate Funding's nonbank lending platform ensures competitive rates and flexible terms, often exceeding traditional banking options.


Utilising First or Second Security:

Leveraging your property as either first or second security provides a solid foundation for your loan, resulting in potentially more favourable conditions.


Expert Guidance:

With over 20 years of combined private lending experience, our due diligence experts guide you through the construction loan process.

How Our Construction Loan Works


Application & Approval:

Your detailed project proposal undergoes thorough evaluation at Innovate Funding, where we assess feasibility and tailor the loan to your project's specifics.

Scheduled Disbursements:

Funds are released in stages or 'draws,' perfectly aligned with your construction timeline, ensuring financial support exactly when needed.

Interest-Only Payments:

Our construction loans offer interest-only payments during the build, allowing financial flexibility.

Conversion Options:

Post-construction, the loan can be converted to a traditional mortgage or refinanced, providing a seamless transition into long-term financing.

Why Choose Innovate Funding for Construction Loans?

Unparalleled Flexibility:

Our construction loans are crafted to fit your precise needs, whether you're an individual, property investor, developer, or commercial broker.

Strong Partnerships:

We align with partners who share our values, ensuring comprehensive support throughout your construction journey.

Committed to Your Success:

Innovate Funding is a lender and a committed financial partner. We aim to empower your property dreams with flexible, affordable construction loans secured by first or second mortgages.

Contact Innovate Funding Today

Discover the advantages of construction loans with Innovate Funding. Our nonbank loans, secured by 1st or 2nd mortgage, offer the flexibility and competitive rates to make your development project successful. Reach out to our team today, and let's build your future together.

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