Versatile Construction
Designed for those looking to build a new home for personal use, investments, or expanding their current residence.
Tailored Residential Construction Loans
Borrowers from 8.29%^ p.a. (8.62%* p.a. comparison rate)
Residential – Our residential Construction Loans are tailored for individuals with dreams of constructing a new home, whether it’s for personal use, investment, or expanding your existing residence. The residential construction loans cater for both PAYG and self-employed borrowers. Whether you’re planning to build your dream home or invest in new properties, our loans aim to provide the financial support you need to bring your construction projects to life.
Key Benefits
Personalised Service
We treat each mortgage application individually, providing personalised service to meet your specific needs and circumstances.
Bringing Projects to Life
Whether you’re constructing your dream home or expanding your real estate portfolio, our loans aim to offer the financial support to make it a reality.
Current Rate^: 8.29%
Comparison Rate*: 8.62%
Security Type: Residential security
Loan Purpose: Construction (single or duplex residential dwelling)
Verification Required: Full or Lite Doc® methods
Personal or Business/Investment Purposes: Both
Minimum Loan Amount: $100,000
Maximum Loan Amount: $25,000,000 (70% LVR)
$5,000,000 (75% LVR)
$2,000,000 (80% LVR)
Maximum LVR: 80%
Lenders Mortgage Insurance Required: No
Maximum Loan Term: 30 Years
Repayment Type: Principal & Interest
Maximum Interest Only Term: 5 Years reverting to P&I
Interest Rate Type: Variable
Redraw Available: Yes^
Application Fee (excl. Val. & Legal Fees): 1.25% of the loan amount
Risk Fee: $0
Additional Repayments: Yes
Consumer advisory note: Maximum loan amounts and LVRs may vary based on security offered. * The comparison rate is based on secured credit of $150,000 and a term of 25 years. WARNING – Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan. Terms, conditions, fees, charges and La Trobe Financial lending criteria apply. ^ Depends on the loan amount and risk grade of borrower.
Get Started
If you would like to apply directly with us, you can apply now online.
Access My Account
Access your loan account online to view and track your loan.
Get Help
We are here to help. Click the link below to access our contact details or send us an enquiry.
Financial Hardship
If you are experiencing financial strain due to unexpected circumstances, assistance is available. Please visit our Financial Hardship page. You can also call the team on 1800 620 639 between 8:30am and 5:30pm (AEST) Monday to Friday.
How to Get Started
Select a Product
Explore our range of lending options and select the loan that suits your needs.
Contact Your Broker
Talk to your finance professional and ask them to contact La Trobe Financial.
or Apply Online
If you would like to apply directly with us, you can apply now online
Talk to us
We are always here to help. Talk to our friendly lending consultants and find the lending option that suits your needs.
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