We'll help you fund your new build or renovation

Construction Loans can be the gateway to turning your dream home or project into a reality. At Ready Finance, we understand the unique needs of builders and homeowners embarking on construction projects. Choosing us to assist with your Construction Loan means you're partnering with experienced Finance & Mortgage Brokers who have thorough knowledge and access to a variety of Construction Loan options from banks and lenders across Australia.

What sets us apart is our dedication to finding you a loan that not just meets your needs but does so on favourable terms. We meticulously compare interest rates and loan amounts to ensure you get a competitive deal. Applying for a loan can often seem daunting, but our streamlined application process aims to simplify things. We believe in making your journey to securing a Construction Loan as straightforward and stress-free as possible.

Construction Loans with Ready Finance are designed with flexibility in mind, allowing for progressive drawdown. This means that you can access funds in instalments, aligning with the stages of your construction. It's a financially efficient approach since you only incur interest charges on the amount drawn down, and with options for interest-only repayments, managing cash flow during the construction period becomes much easier.

Whether you're paying sub-contractors like plumbers and electricians, or ensuring your project complies with council plans and permits, our Construction Loans are tailored to support every stage of the build. We facilitate a Progressive Payment Schedule, ensuring that payments are made at each critical milestone. This not only helps in managing your project efficiently but also in maintaining a harmonious workflow with your registered builder and team on site.

Ready Finance is here to navigate the intricate aspects of Construction Loans, enabling you to focus on what truly matters – bringing your construction project to life.

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Our Recent Reviews

Ben and the team made the process of refinancing my mortgage easy. Was worried I wouldn’t be successful but they made it happen quickly and painlessly.

Jo Barton

We had an excellent experience with Ben. Despite our unique situation with a non-standard loan structure and the need for a guarantor, Ben was incredibly knowledgeable, patient, and proactive throughout the process. He took the time to explain every detail, presented us with options we hadn’t considered and made us feel confident in our decisions. Ben’s support and dedication made what could have been a complex process feel manageable and stress-free. We couldn’t be happier with the service and highly recommend him to anyone in need of expert mortgage guidance!

Jenina Andal

Ben is super experienced in his craft and can help with home buying journey of nearly any complexity!

Alex Chernov

Awesome mortgage broker and great supportive team.

Stephen Sulewski

Frequently Asked Questions

Why should I use a Mortgage Broker?

Brokers work as the intermediary between you and the lender. We work in your best interest to get you the best loan for your scenario. Your broker will be your single point of contact throughout the process; no more waiting on hold and explaining your situation to several different people.

You could potentially be wasting your time taking your application directly to the wrong bank for your scenario; instead let your broker get it right the first time.

At what point should I see a mortgage broker?

If you’re coming off a fixed rate, it is best to speak to a broker 4 to 6 weeks before the fixed rate expires. That way, you can ensure you don’t revert to a super high revert rate, and the transition to a new low-rate loan all happens at the right time.

If you’re looking to buy a home, it would be best to speak to a broker 2 weeks out from when you are going to start looking in earnest. The broker can then assess borrowing capacity, and check credit ratings, and eligibility before possibly helping with a pre-approval.

How much do mortgage brokers charge?

Our service to you is free of charge; we are paid by your chosen lender when your loan settles at no extra expense to you.

Is it better to use a mortgage broker?

There are benefits of using a broker compared to going directly to the bank. Most brokers work with several different banks, and if your scenario fits, the broker will find you the best deal with the cheapest rate.

If you use a broker at Ready, you will have one contact whom you can keep in touch with via text, call, or email; no waiting in call center queues, no need to explain your issue to the 3rd person in a row.

Sometimes, going directly to the bank, you can waste time by applying to a bank that won’t even consider your scenario. A good broker will be able to navigate the pitfalls and go to the right lender the first time around.

Can you help first home buyers?

Since navigating the home-buying process is already tough, we've made it a bit easier by gathering all the current grants, schemes, and discounts available to Australian first-home buyers in one place.

Do you get a better rate with a mortgage broker?

Brokers have access to over 30 different lenders, and finding the customer the best rate is something we always strive to achieve.

But not all lenders are equal. If I could offer you a straightforward application with minimum paperwork and a next-day approval versus a complex paperwork marathon to save $5 a month, which would you choose?

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