Construction

From 8.29% variable rate & 8.62% comparison rate

Residential – Our Residential Construction Loans are designed for individuals with aspirations to build a new home, whether for personal use, investment, or expanding their current residence. These loans cater to both PAYG and self-employed borrowers. Whether you're envisioning your dream home or seeking to invest in new properties, our loans strive to offer the financial assistance necessary to realize your construction projects.

Key Benefits

Flexible Construction Financing

Tailored for individuals seeking to construct a new home for personal use, investment purposes, or expanding their current residence.

Individualized Assistance

We handle each mortgage application uniquely, offering personalized service to address your individual needs and circumstances.

Transforming Projects into Reality

Whether you're building your dream home or expanding your real estate portfolio, our loans are designed to provide the financial support needed to turn your plans into reality.

3.5

Residential Construction

Current Rate^: 8.29%

Comparison Rate*: 8.62%

Security Type: Residential security

Loan Purpose: Construction (single or duplex residential dwelling)

Verification Required: Full or Low 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

Let's Get Lending From The Expert

We Are Here To Help

Scottie Financial was established because a much better way of delivering Australian specialist lending is available and overdue.
More than ever, brokers and borrowers need a specialist lending partner able to bring them:

✔️ A comprehensive and flexible product range

✔️ Competitive rates with no ongoing fees
✔️ Comprehensive digital operations, delivering faster and simpler approvals across all loans every time

✔️ A highly experienced Credit team equipped to deliver high quality service and results to all business partners.

Contact Us

Target Market Determination

Complaints

Level 17, Angel Place, 123 Pitt Street, Sydney, NSW 2000

* Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly payments. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The interest rate quoted is effective 4th December 2023, the actual interest rate applicable will depend on our assessment criteria. Terms, conditions, fees, charges and Scottie Financial lending criteria apply.