Construction Loans
Turn your building plans into a reality with a construction loan
Rated 5 from 5 Reviews
Turn your building plans into a reality with a construction loan
Rated 5 from 5 Reviews
Navigating the complexities of financing a construction project can be daunting. At COG Capital Group, we specialise in helping Australian residents and expats access Construction Loan options from banks and lenders across Australia. Whether you're planning to build a new home or undertake major home renovations, we ensure you get the best interest rate and loan amount tailored to your needs.
When applying for a loan, having a streamlined application process can make all the difference. We guide you through each step, ensuring that necessary documents such as council plans and permits are in order. Our service includes facilitating progressive drawdowns, so you only charge interest on the amount drawn down. This is particularly advantageous for projects with various stages, as it allows for interest-only repayment options during construction. This means you can pay sub-contractors like plumbers and electricians or your registered builder with ease.
A key feature of construction loans is the Progressive Payment Schedule, which aligns with the construction milestones. Payments are made in instalments at various stages of the project, based on 'as if complete' valuations. This ensures that funds are released progressively, supporting the smooth continuation of your build. For those looking to demolish an existing property and start anew, or even those buying off the plan, we offer flexible loan structures to meet your unique requirements.
Another essential aspect is ensuring that you commence building within a set period from the Disclosure Date. This is crucial for adhering to council restrictions and regulations, as well as securing your ideal location within your price range. Our loans also accommodate additional payments for Out of Contract Items not included in your original budget, providing you with financial flexibility.
Choosing the right land and understanding council regulations can be complex. Our team assists with evaluating suitable land for your new build, considering factors like development application processes and council restrictions. We aim to make sure that every aspect of your project, from the Progressive Drawing Fee to the final valuation, is transparent and manageable.
For clients looking at home improvement loans rather than new builds, we offer tailored solutions that cater to extensive renovations. Whether you're upgrading a kitchen or adding an extension, our financial products are designed to accommodate your needs while ensuring that all council regulations are met.
COG Capital Group is committed to making your construction financing as straightforward as possible. By providing expert advice and comprehensive support, we help you make a plan that aligns with both your vision and budget. If you're ready to explore your construction loan options, contact us today to take the first step towards your dream property.
KT
Kent Taylor
I was introduced to Adam after already having discussions with another broker. I shared my requirements with him, and within 24 hours, he secured a much better offer that will save me tens of thousands of dollars. On top of that, I had a tight settlement deadline over the holiday break, and Adam handled the time-sensitive challenges seamlessly, ensuring everything was completed on time. I highly recommend Adam!
FC
Francesco Calabria
Adam was incredibly helpful in securing the right mortgage for me. He was attentive and kept me updated on every development, skillfully navigating through several obstacles. Beyond the mortgage, Adam offered valuable insights into my financial situation, demonstrating his sharp understanding. I highly recommend Adam without hesitation.
BC
Bill Castellas
If you're looking for a trusted professional for Australian mortgages, please contact Adam. I've personally known and worked with Adam since 2008. In 2010, as Regional Executive Manager at Commonwealth Private Bank (Asia), Adam joined my team and immediately showcased his unique strengths: listening, understanding, earning clients' trust, and extensive lending knowledge. If you need a reliable and knowledgeable mortgage broker, who will prove to be more your financial ally than just your broker, look no further than Adam.
We can help with Home and Investment Loans, Commercial Property Loans, Business Loans, Construction Loans and much more. If you're looking to borrow to buy something, we can probably help.
Mortgage Brokers are there to help you find the right loan whether it be from the major banks, smaller lenders or other sources. We have a broad range of products (more than any single lender can offer) which means we can do all the legwork to find the right loan for you. We save you time and effort, provide better access to lenders and negotiate better interest rates and fees on your behalf. Our service generally comes at no cost to you as we are typically paid by the lender upon the settlement of the loan.
All of our Mortgage Brokers are accredited and members of the Finance Brokers Association of Australia. They are extremely professional and provide exceptional service across a range of lending options.
We love helping First Home Buyers! We're experts at the entire process and can help you get the right Home Loan. We're also across the various schemes to help First Home Buyers such as the First Home Owners Grant and the various stamp duty exemptions available.
If you are an Australian Permanent Resident living overseas, and subject to your visa class, you can apply for a home loan in Australia. Lenders often have specific loan products tailored to meet the needs of overseas PRs.
If you’re a foreign buyer, attaining finance can be more challenging. Lenders may be more hesitant to lend and require stricter eligibility criteria however we partner with a number of lenders that can assist you. We will work with you to guide you through the required documentation, the process of attaining finance and approval to purchase property in Australia all the way through to the actual property settlement.
Of course! We believe that we can find the best interest rate for you to refinance to, whether it's a Home Loan or Investment Loan.
We take look at a wide range of products available from Banks, Credit Unions & other lenders across the country. This means we can search thousands of products and make sure we're always recommending the best Home Loans for our clients.
COG Capital Group ABN: 20 677 685 611, COG CAPITAL GROUP PTY LTD ABN: 20 677 685 611. Credit Representative #560772 is authorised under Australian Credit License #509484.
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
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