Construction Loans
Build your own house with rates from
1.99% p.a. Variable
2.04%* p.a. Comparison *
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.
Funded by
Building your own dream home…
Economizer
1.99%
p.a. Variable
2.04%*
p.a. Comparison
- Up to 80% LVR
- Optional offset account
- Unlimited extra repayments
Rate Slasher 90
2.69%
p.a. Variable
2.77%*
p.a. Comparison
- 80% – 90% LVR plus LMI
- Full redraw facility
- Optional offset account
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
Find out more about Construction Loans
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