Your Trusted Construction Loan Broker in Perth - We Read the Building Contract Before You Sign It, and We Tell You What Variations Will Actually Cost You Mid-Build
As your construction loan broker in Perth, we do the hard part for you. Ezy Loans compares every construction loan Perth lenders will offer across a panel of dozens, sets up your drawdown schedule, and manages each payment.
From the first set of plans through to your final inspection, your build stays funded from slab to handover without you chasing anyone.
You should not have to decode building contracts and drawdown schedules alone. That is exactly what a construction loan broker in Perth is for. We compare lenders, structure the lending around each building stage, and handle the paperwork.
That covers house and land package finance Perth builders commonly use, as well as owner-builder lending, which far fewer lenders will touch. Pre-approval comes first either way.
The Bottom Line: A construction loan broker in Perth gives you access to many lenders in one place, a correctly staged progress payment loan, and expert help with owner builder lending. Talk to Ezy Loans for free, obligation-free advice today.
Smarter Construction Home Loans From Expert Local Brokers For First-Home Builders, House and Land Buyers, Knockdown Rebuilders, Owner Builders, Custom-Home Buyers
Financing a build should not be confusing. As your construction loan broker in Perth, Ezy Loans compares every construction loan Perth lenders write across [LENDER_COUNT] options and manages every drawdown.
Powered By Australia's Leading Lenders
Because we work through the Australian Finance Group panel, your build reaches [LENDER_COUNT] banks, credit unions and specialist lenders. Keystart sits alongside them, and lender policy on builders and drawdown schedules differs considerably.
From Plans To Handover, Step By Step
Your construction loan broker in Perth makes building simple, from checking the contract through to funding every stage of your home.
Free Consultation and Plans
We read the fixed price contract and the payment schedule first, because a front-loaded schedule is easier to renegotiate than to finance.
Approval and Structure
We compare [LENDER_COUNT] lenders and structure your progress payment loan around the fixed price contract and its drawdown schedule.
Manage Each Drawdown
We arrange each drawdown at slab, frame, lock-up, fixing and completion, so your <a href="https://ezyloansaustralia.com.au/contact/">builder</a> is paid and the site never stalls.
Handover and Settlement
We manage the final drawdown and inspection, so the loan converts to principal and interest and you collect the keys.
THE PART THAT BLOWS BUDGETS
Why Variations Are Not Covered By Your Approval
Your loan is approved against a fixed price contract. Change your mind after signing and the builder issues a variation, which sits outside that approval entirely. The cost comes from your own cash, or from a fresh application with a fresh valuation and a delay attached.
When you change something | What it triggers | Who pays for it | How to avoid the problem |
|---|---|---|---|
Before the contract is signed | Nothing, the price is still being set | Included in the contract | Decide everything at pre-start |
At pre-start, after signing | A variation to the fixed price contract | You, usually in cash | Lock selections before you sign |
After the slab is down | A variation plus rework on completed stages | You, at a higher cost | Treat the slab as the point of no return |
Anything structural, mid-build | Variation, possible re-approval and re-valuation | You, plus delay to the build | Get structural decisions right on the plans |
Hold five to ten percent of the build cost outside the loan as a contingency. It covers the surprises an older block or a change of mind produces, without a fresh application. It is the single most useful thing you can do before the slab goes down.
ON-COMPLETION VALUATION
The Number That Decides Your Construction Loan
A lender does not lend against what you are spending. It lends against what the finished property is expected to be worth, assessed before construction starts. Where that figure lands below your total land and build cost, the shortfall is yours in cash.
- In an established suburb the location usually supports the value, and the valuation rarely surprises anyone.
- Where your finished home would be the most expensive in the street by a wide margin, the valuation can come in short even though the build is sound.
- On a knockdown rebuild or a custom design, get an early indicative valuation while the plan can still be adjusted, not after the demolition contract is signed.
An early indicative valuation costs very little and answers the question while you can still change something. Leaving it until after signing does not.
ASKED BY PERTH OWNERS BEFORE THEY BUILD
What Perth Owners Ask a Construction Loan Broker in Perth
What happens if my build costs more than the approved amount?
Variations are almost never covered by the original approval, so the extra cost comes from your own cash or a fresh application.
This is why we push clients to finalise every choice before construction starts. Moving a wall or upgrading a kitchen mid-build triggers a variation, a new valuation and a delay. Budget a contingency of five to ten percent outside the loan.
What is an on-completion valuation and why does it matter?
It is the lender’s estimate of what the finished property will be worth, and it is what they lend against, not what you are spending.
If the on-completion figure comes in below your combined land and build cost, you cover the shortfall in cash. It is the single most common reason construction finance falls over late, which is why we push for an early indicative valuation.
Will lenders accept any builder or building contract?
No. Most want a fixed price contract with a registered, insured builder and a conventional drawdown schedule.
Cost plus contracts are financeable but the lender panel narrows sharply. A front-loaded payment schedule, where the builder wants an unusually large share early, draws scrutiny and is sometimes rejected outright. Send us the contract before you sign it.
How long do I have to finish the build?
Most construction loans allow twelve to twenty four months from the first drawdown to practical completion.
Builds that overrun need an extension, which is usually granted but is never automatic. If your build is running behind, tell us early rather than in the final month, because the conversation with the lender is much easier before the deadline passes.
"Every dramatic build I have seen started with a variation someone thought would be simple. Lock the decisions before the slab goes down."
- Amrinder Singh, Credit Representative 505232, Ezy Loans Australia
The Construction Broker Perth Builders Actually Trust
A panel of [LENDER_COUNT] lenders, correctly staged drawdowns, and a construction loan broker in Perth who works for you rather than a bank. Built on trust earned one Perth settlement at a time.
Real Lender Choice
Access to a panel of [LENDER_COUNT] lenders, so your construction loan Perth wide is structured around your build rather than one bank's policy.
Licensed and Accountable
Credit Representative 505232 under Australian Credit Licence 377294, with a legal best interests duty on every construction loan we arrange for you.
Drawdowns Done Right
We manage every stage of your progress payment loan, and we flag the variation cost before you agree to it rather than afterwards.
Obligation-Free, Start To Finish
Our advice costs nothing, and your construction loan broker in Perth manages the whole build, so the process stays simple throughout.
WHERE WE WORK
New Builds We Fund Across Perth
Our office is at 905 Hay Street in the Perth CBD, and we work with buyers right across the metropolitan area. Most conversations happen by phone or video at a time that suits you, so location is never the limiting factor.
Baldivis, Ellenbrook, Alkimos, Butler, Yanchep, Brabham, Dayton, Piara Waters, Harrisdale, Southern River, Wellard, Golden Bay, Banksia Grove, Eglinton, Aveley, Hammond Park, Treeby, Byford, Mundijong, Wandi
Buying outside the metro area or interstate? We arrange lending Australia wide, so a move later does not mean starting again.
Questions About Construction Loans in Perth
Funds are released in stages as your build reaches slab, frame, lock-up, fit-out and completion. You usually pay interest only on the amount drawn so far.
As your construction loan broker in Perth, we structure those drawdowns correctly and arrange each payment, so your builder is paid on time.
Many lenders want around 5 to 20% of the total land and build cost, and a 20% deposit avoids Lenders Mortgage Insurance. Equity in land you already own can count towards it.
If this is your first home, our first home buyer service covers grants and low deposit schemes. We work out the smallest safe deposit across dozens of lenders.
House and land package finance Perth buyers use funds the land purchase and the build together, while a straight construction loan funds only the build in staged drawdowns.
We compare house and land package finance Perth wide against a staged build loan, and recommend whichever genuinely suits your project.
Yes, though owner builder lending is more limited and usually needs a lower loan-to-value ratio, because far fewer lenders will write it.
Your builder must hold a current registration. You can check it on the Building and Energy register before you sign anything.
Usually you pay interest only on the funds drawn so far, which keeps repayments lower while you are most likely also paying rent somewhere else.
Once the build completes, the loan converts to a standard home loan, and we help you set that up properly.
In most cases our construction loan broker in Perth service is free to you. We are paid by the lender once your loan settles, not by you up front.
So you get expert help comparing dozens of lenders and staging your build at no cost to you.
Amrinder Singh
Amrinder Singh is a Specialist Broker and the founder of Ezy Loans Australia, working from 905 Hay Street in Perth. As a construction loan broker in Perth he also arranges first home, refinance, investment, self employed and asset finance across a panel of Australian lenders. Credit Representative 505232 under Australian Credit Licence 377294.
- Fixed price contract and payment schedule checked before you sign
- Every drawdown arranged so your builder is paid on time
- One licensed Perth broker from plans through to handover
Let's Build You
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Get a Free Consultation
No obligations. Speak to Amrinder Singh direct on 0432 066 362 today.
Ezy Loans Australia is a Perth-based mortgage and finance brokerage helping first home buyers, investors and refinancers across Australia secure the right loan with confidence.
Contact Info:
- 905 Hay St, Perth WA 6000
- amrinder@ezyloansaustralia.com.au
- 0432 066 362