Building a new home is one of the biggest financial decisions you’ll ever make—but it doesn’t have to be overwhelming. With the right guidance, what seems like a maze of approvals, contracts, and loan jargon can become a clear and exciting pathway toward your dream home.
Why Use a Mortgage Broker for a New Build?
Unlike buying an existing home, building involves a construction loan, which is paid in progressive stages, not in a lump sum. This means the financial strategy you choose must adapt to the build timeline, builder contract, and valuation process.
At James Nicolaou Mortgage & Finance Specialist, we specialise in construction finance. We work with you—and your builder—to create a lending plan that’s aligned with your goals, budget, and timeline.
Here’s how we simplify the process:
1. Tailored Loan Strategy
We evaluate your financial profile and future goals, then compare dozens of construction loan products from Australia’s leading lenders. This ensures your loan works for you, not just the bank.
2. Support with Pre-Approval & Planning
Before your builder lays the first brick, we help you get pre-approved and prepare all necessary documentation. This includes income verification, deposit verification, and preliminary costings from your builder.
3. We Manage the Builder-Lender Relationship
We’re more than just a broker—we’re your project partner. We coordinate with your builder to ensure all necessary contracts, permits, and invoices are in order for the lender to release payments.
4. Ongoing Progress Payment Management
As your build progresses, we liaise with your lender to manage drawdowns—payments made at each construction stage. This ensures funds are released on time, so your builder is never left waiting.
5. Expert Advice at Every Turn
You’ll never be left in the dark. We offer consistent updates, advice, and support, so you understand what’s happening at every stage of your loan and build process.
