A feature of a loan which funds the building of a new dwelling or commercial premise.
a loan specifically granted for the purpose of funding the building of a new dwelling. You are generally able to draw money as required, so you can pay as necessary.
A loan specifically granted for the purpose of funding the building of a new dwelling (or major renovations). Special conditions apply to these loans regarding the amount that can be drawn at any one time. Usually, a valuation is required prior to drawing down additional funds, to confirm that the work has actually been done
A short-term, interest-only building loan that provides interim construction financing, which allows loan proceeds to be disbursed over time to pay homebuilders, contractors, subcontractors, suppliers or other providers of materials or services.
A type of loan used for building a new dwelling.
A short-term, interim loan for financing the cost of construction. The lender makes payments to the builder at periodic intervals as the work progresses.
A loan specifically for the building of a new dwelling. It is paid out on the basis of valuation certificates certifying that the building is completed to a set stage. Most builders have four or five progress claims.
A loan specifically granted for the purpose of funding the building of a new dwelling. You are generally able to draw money as required, to pay for each stage of the construction.