How Construction Loans Work in Victoria: Progress Payments Explained
A plain-English guide to how construction loans are paid out in stages, what each progress payment covers, and how to keep your build and your finance in step.
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Plain-English guides to the loans we work with every day. No jargon, no sales pitch.
8 articles shown
A plain-English guide to how construction loans are paid out in stages, what each progress payment covers, and how to keep your build and your finance in step.
Planning to demolish and rebuild on your block? Here's how knock-down rebuild finance works, what lenders look for, and how to budget for the costs people often miss.
Yes, a self-managed super fund can buy property, but strict rules apply. Here's how SMSF property loans work, what you can and can't buy, and the questions to ask first.
Thinking about a duplex, a few townhouses or subdividing your block? Here's how small-scale development finance works, what lenders assess, and how to prepare.
Buying your first home in Oakleigh, Clayton, Carnegie or nearby? Here's how to work out your budget, what government support is available, and how the buying process works.
Self-employed and finding it hard to get a home loan? Here's how lenders assess business income, when low doc loans make sense, and how to prepare a stronger application.
Refinancing can save you thousands, but not always. Here's how to work out whether switching your home loan makes sense, the costs to consider, and the questions to ask.
Found your next home but haven't sold yet? Here's how bridging loans work, what they cost, the risks to plan for, and the alternatives worth considering.