Construction Loans

Build your own house with rates from

2.09% p.a. Variable

2.14%* p.a. Comparison *

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    Get your construction loan started today

    Apply for your construction loan with Reduce. We offer competitive rates with great features, across fixed and variable rates. If you need a loan for building a new house or renovating your current home, you’ll find most of our loan products are available for construction.

    Construction loans are a little different from your regular mortgage. Standard home loans are paid to you all at once on settlement. However, with a construction loan, your payments progress along with stages of building.

    If you’re not sure, give us a call on 1300 REDUCE (722 823) and find out what’s right for you.

    Construction loans - Reduce Home Loans

    Funded by

    Building your own dream home…

    Economizer

    2.09%
    p.a. Variable
    2.14%*
    p.a. Comparison
    • Up to 80% LVR
    • Optional offset account
    • Unlimited extra repayments
    MORE

    Rate Slasher 90

    2.69%
    p.a. Variable
    2.77%*
    p.a. Comparison
    • 80% – 90% LVR plus LMI
    • Full redraw facility
    • Optional offset account
    MORE

    Or construct for investment

    Investor Cash Back Hero

    2.59%
    p.a. Variable
    2.69%*
    p.a. Comparison
    • Loan splits available
    • Optional offset account
    • Up to $10,000 Cash Back
    • Borrow up to $3.5M
    • Unlimited extra repayments & redraw
    MORE
    Calculators

    CRUNCH THE NUMBERS

    Handy home loan calculators

    CALCULATORS
    Take off with the Reduce Process

    THE REDUCE PROCESS

    Launch your loan journey

    Our process
    Lending FAQ

    MORE ABOUT OUR LOANS

    See our FAQ for easy answers

    lending faq