Construction Loans

Thinking of Renovating? Let’s Make It Happen!

Australians love to build, renovate and improve their homes. Whether it’s designing a brand new house from the ground up or upgrading an existing property to better suit their needs.

Many homeowners are choosing to stay put and invest in their current home rather than buying elsewhere.

At KLM finance, we can help you secure the right construction or renovation loan, ensuring your project is well-funded and stress-free from start to finish.

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What Can A Construction Loan
Be Used For?

Major Renovations & Extensions

Knockdown & Rebuild

Outdoor Upgrades & Pools

What Is A Construction Loan?

Unlike a traditional home loan, a construction loan is designed specifically for building a new home or undertaking major renovations. Instead of receiving the full loan amount upfront, funds are released in stages (known as progress payments) as different phases of construction are completed.

This means:

You only pay interest on the amount drawn down, not the full loan.
The lender inspects and approves each stage before releasing funds.
It helps manage cash flow efficiently, reducing financial strain during the build.

If you’re planning to improve your home but aren’t sure how to fund it, we’ll help you explore construction loans, refinancing options, and equity releases to find the best solution.

We Compare Lenders to Find the Right Loan for You

At KLM finance, we work with a wide panel of trusted lenders to ensure you get the most competitive interest rates and loan terms available.

Why does this matter? The right lender can save you thousands over the life of your loan! We compare rates, negotiate on your behalf, and structure a loan that fits your needs —not just now, but in the long term.

Exclusive loan options that aren’t always available to the public
Competitive interest rates tailored to your financial situation
Access to loan features like offset accounts, redraw facilities & flexible repayment options

We do all the hard work, so you don’t have to.