← Home Loans & Finance
A home for all your construction loan needs.
Building a home is one of the most exciting things you will ever do. It is also one of the most complex to finance. We specialise in construction loans and guide you through every step, from borrowing capacity to final handover.
Best Interests Duty
60+ lenders compared
Reviews after settlement
At a glance
60+
Lenders on our panel
BID
Best Interests Duty: we must act for you, not the bank
1 team
Broker and accountants under one roof
Our Values
Financing your build with values that actually mean something
From the way we review your plans to how we manage your progress payments, our values guide every step.
Related services: House and land package loans, Home loan pre-approval, Home loans
01
BORROWING POWER
Before anything else, we make sure you know exactly what you can borrow. We review your income, expenses, and savings so there are no surprises when it comes to deposits and loan limits.
02
UNDERSTANDING
Construction loans are more complex than standard home loans. We take the time to explain every step of the process in plain language so you always know what's happening and why.
03
INTEGRITY
We work for you, not the lender. We recommend the right construction loan for your situation based on your goals and your build - not what's easiest to place.
04
LENDER ACCESS
With access to a wide range of lenders and construction loan products, we find the best rates and the most suitable structure for your build, whether it's a home or a commercial property.
05
DEDICATION
We stay with you from the first consultation through to final handover - managing progress payments, handling variations, and making sure your build is funded properly every step of the way.
TOP LENDERS WE WORK WITH
With over 60+ lenders on our panel, some you've never heard of.
As a mortgage broker, we are governed by our 'Best Interest Duty', which ensures that we are looking out for you, your needs and goals versus a banks bottom line.
What we help with
If securing a construction loan feels overwhelming, you're not alone.
Here's what we take off your plate from the first consultation to final handover.
01
Construction Loans
We find the right construction loan from our panel of 60+ lenders, tailored to your build, your budget, and your timeline - so you get the best rate available and never pay more than you need to.
02
Borrowing Capacity
Before anything else, we assess exactly how much you can borrow based on your income, expenses, liabilities, and savings so you know your limits before you commit.
03
Loan Application and Approval
We manage the entire application process, from selecting the right lender to submitting your paperwork and securing formal approval as smoothly and quickly as possible.
04
Progress Payment
As your builder hits each stage of the build, we coordinate the progress payments from your lender so the right amount goes to the right place at the right time.
05
Home Loans and Refinancing
Once your build is complete, we review your loan to make sure the rate and structure still works for you. The market changes and so do your needs - if there is a better deal available, we will find it.
06
House and Land Packages
Buying a house and land package? The finance requirements are different from a standard build. We know the process inside out and make sure your loan is structured correctly from day one.
The process
How it works
01
Free chat
Tell us where you are now and what you want to achieve.
02
Borrowing and lender comparison
We assess your borrowing power and compare suitable lenders.
03
Pre-approval and application
We handle the paperwork and keep your application moving.
04
Settlement and reviews
We stay in your corner, from settlement to regular loan reviews.
Our Solution
Building your dream home is exciting. Financing it shouldn't be stressful.
The challenges most people face when financing a build and exactly how we fix them.
Multiple Providers
Construction loans are hard to navigate
Unsure how much you can actually borrow
Progress payments are stressful to manage
Caught out by builder issues mid-build
Rate has changed by completion
With Elephant Advisory
We handle the complexity, step by step
Borrowing capacity assessed upfront
Every payment coordinated, bank to builder
Expert guidance to protect you throughout
We review your loan at handover
“Building a home is one of the biggest financial decisions you will ever make. We make sure you have the right loan, the right lender, and the right team behind you from the first brick to the last.”
Free tools
Run the numbers first
Your finance expert
Meet your broker
Gavin Hepponstall
Director & Head of Finance
Gav is the person you want in your corner when it comes to property finance. After years in banking and motor trade finance, he joined Elephant early and never looked back. He’s passionate about combining property and finance to help clients achieve their goals through tailored financial structuring, and he’s very serious about snacks at meetings.
FAQ
Let's clear a few things up.
No jargon, no runaround - just honest answers.
A construction loan is structured around your build rather than a single lump sum. Funds are released in stages as your builder completes each phase, and you only pay interest on what has been drawn down. This makes it more flexible but also more complex to manage than a standard home loan.
We assess your borrowing capacity based on your income, expenses, liabilities, and savings before recommending any lender. This tells you exactly what you can borrow and how much deposit you will need to contribute.
As your builder reaches each stage of the build, they submit an invoice as per your building contract. We coordinate the release of funds from your lender to your builder at each stage and manage any variations or issues that come up along the way.
Rates and market conditions can change significantly during a build. Once your home is complete and the final payment is made, we review your loan to make sure you are still on a competitive rate and recommend refinancing if a better option is available.
Yes. House and land packages have their own specific finance requirements that differ from a standard construction loan. We know the process well and structure your finance correctly from the start so there are no surprises.
This is something we take seriously given recent issues in the construction industry. We advise all clients to check their builder's licence, review the contract carefully, and make sure progress payments are tied to genuine build milestones. We are happy to walk you through what to look for before you sign anything.
Home Loans & Property
Read before you apply
How Much Can I Borrow on My Salary? (2026 Examples)
Rough borrowing power from $60k to $200k salaries in Australia, how banks work it out, and the small things that cut it.
How Lender Policies Affect How Much You Can Actually Borrow
Different lenders, different rules. Learn how lender policy shapes your borrowing capacity.
How to Increase Your Borrowing Capacity Quickly and Easily
The fastest way to lift your borrowing power is to review your debts. Which credit cards, loans and HECS to close, and which to keep as a buffer.
Related services
Find out what you can borrow, free.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.
Credit Guide
← Home Loans & Finance
A home for all your construction loan needs.
Building a home is one of the most exciting things you will ever do. It is also one of the most complex to finance. We specialise in construction loans and guide you through every step, from borrowing capacity to final handover.
Best Interests Duty
60+ lenders compared
Reviews after settlement
At a glance
60+
Lenders on our panel
BID
Best Interests Duty: we must act for you, not the bank
1 team
Broker and accountants under one roof
Our Values
Financing your build with values that actually mean something
From the way we review your plans to how we manage your progress payments, our values guide every step.
Related services: House and land package loans, Home loan pre-approval, Home loans
01
BORROWING POWER
Before anything else, we make sure you know exactly what you can borrow. We review your income, expenses, and savings so there are no surprises when it comes to deposits and loan limits.
02
UNDERSTANDING
Construction loans are more complex than standard home loans. We take the time to explain every step of the process in plain language so you always know what's happening and why.
03
INTEGRITY
We work for you, not the lender. We recommend the right construction loan for your situation based on your goals and your build - not what's easiest to place.
04
LENDER ACCESS
With access to a wide range of lenders and construction loan products, we find the best rates and the most suitable structure for your build, whether it's a home or a commercial property.
05
DEDICATION
We stay with you from the first consultation through to final handover - managing progress payments, handling variations, and making sure your build is funded properly every step of the way.
TOP LENDERS WE WORK WITH
With over 60+ lenders on our panel, some you've never heard of.
As a mortgage broker, we are governed by our 'Best Interest Duty', which ensures that we are looking out for you, your needs and goals versus a banks bottom line.
What we help with
If securing a construction loan feels overwhelming, you're not alone.
Here's what we take off your plate from the first consultation to final handover.
01
Construction Loans
We find the right construction loan from our panel of 60+ lenders, tailored to your build, your budget, and your timeline - so you get the best rate available and never pay more than you need to.
02
Borrowing Capacity
Before anything else, we assess exactly how much you can borrow based on your income, expenses, liabilities, and savings so you know your limits before you commit.
03
Loan Application and Approval
We manage the entire application process, from selecting the right lender to submitting your paperwork and securing formal approval as smoothly and quickly as possible.
04
Progress Payment
As your builder hits each stage of the build, we coordinate the progress payments from your lender so the right amount goes to the right place at the right time.
05
Home Loans and Refinancing
Once your build is complete, we review your loan to make sure the rate and structure still works for you. The market changes and so do your needs - if there is a better deal available, we will find it.
06
House and Land Packages
Buying a house and land package? The finance requirements are different from a standard build. We know the process inside out and make sure your loan is structured correctly from day one.
The process
How it works
01
Free chat
Tell us where you are now and what you want to achieve.
02
Borrowing and lender comparison
We assess your borrowing power and compare suitable lenders.
03
Pre-approval and application
We handle the paperwork and keep your application moving.
04
Settlement and reviews
We stay in your corner, from settlement to regular loan reviews.
Our Solution
Building your dream home is exciting. Financing it shouldn't be stressful.
The challenges most people face when financing a build and exactly how we fix them.
Multiple Providers
Construction loans are hard to navigate
Unsure how much you can actually borrow
Progress payments are stressful to manage
Caught out by builder issues mid-build
Rate has changed by completion
With Elephant Advisory
We handle the complexity, step by step
Borrowing capacity assessed upfront
Every payment coordinated, bank to builder
Expert guidance to protect you throughout
We review your loan at handover
“Building a home is one of the biggest financial decisions you will ever make. We make sure you have the right loan, the right lender, and the right team behind you from the first brick to the last.”
Free tools
Run the numbers first
Your finance expert
Meet your broker
Gavin Hepponstall
Director & Head of Finance
Gav is the person you want in your corner when it comes to property finance. After years in banking and motor trade finance, he joined Elephant early and never looked back. He’s passionate about combining property and finance to help clients achieve their goals through tailored financial structuring, and he’s very serious about snacks at meetings.
FAQ
Let's clear a few things up.
No jargon, no runaround - just honest answers.
A construction loan is structured around your build rather than a single lump sum. Funds are released in stages as your builder completes each phase, and you only pay interest on what has been drawn down. This makes it more flexible but also more complex to manage than a standard home loan.
We assess your borrowing capacity based on your income, expenses, liabilities, and savings before recommending any lender. This tells you exactly what you can borrow and how much deposit you will need to contribute.
As your builder reaches each stage of the build, they submit an invoice as per your building contract. We coordinate the release of funds from your lender to your builder at each stage and manage any variations or issues that come up along the way.
Rates and market conditions can change significantly during a build. Once your home is complete and the final payment is made, we review your loan to make sure you are still on a competitive rate and recommend refinancing if a better option is available.
Yes. House and land packages have their own specific finance requirements that differ from a standard construction loan. We know the process well and structure your finance correctly from the start so there are no surprises.
This is something we take seriously given recent issues in the construction industry. We advise all clients to check their builder's licence, review the contract carefully, and make sure progress payments are tied to genuine build milestones. We are happy to walk you through what to look for before you sign anything.
Home Loans & Property
Read before you apply
How Much Can I Borrow on My Salary? (2026 Examples)
Rough borrowing power from $60k to $200k salaries in Australia, how banks work it out, and the small things that cut it.
How Lender Policies Affect How Much You Can Actually Borrow
Different lenders, different rules. Learn how lender policy shapes your borrowing capacity.
How to Increase Your Borrowing Capacity Quickly and Easily
The fastest way to lift your borrowing power is to review your debts. Which credit cards, loans and HECS to close, and which to keep as a buffer.
Related services
Find out what you can borrow, free.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.
Credit Guide
← Home Loans & Finance
A home for all your construction loan needs.
Building a home is one of the most exciting things you will ever do. It is also one of the most complex to finance. We specialise in construction loans and guide you through every step, from borrowing capacity to final handover.
Best Interests Duty
60+ lenders compared
Reviews after settlement
At a glance
60+
Lenders on our panel
BID
Best Interests Duty: we must act for you, not the bank
1 team
Broker and accountants under one roof
Our Values
Financing your build with values that actually mean something
From the way we review your plans to how we manage your progress payments, our values guide every step.
Related services: House and land package loans, Home loan pre-approval, Home loans
01
BORROWING POWER
Before anything else, we make sure you know exactly what you can borrow. We review your income, expenses, and savings so there are no surprises when it comes to deposits and loan limits.
02
UNDERSTANDING
Construction loans are more complex than standard home loans. We take the time to explain every step of the process in plain language so you always know what's happening and why.
03
INTEGRITY
We work for you, not the lender. We recommend the right construction loan for your situation based on your goals and your build - not what's easiest to place.
04
LENDER ACCESS
With access to a wide range of lenders and construction loan products, we find the best rates and the most suitable structure for your build, whether it's a home or a commercial property.
05
DEDICATION
We stay with you from the first consultation through to final handover - managing progress payments, handling variations, and making sure your build is funded properly every step of the way.
TOP LENDERS WE WORK WITH
With over 60+ lenders on our panel, some you've never heard of.
As a mortgage broker, we are governed by our 'Best Interest Duty', which ensures that we are looking out for you, your needs and goals versus a banks bottom line.
What we help with
If securing a construction loan feels overwhelming, you're not alone.
Here's what we take off your plate from the first consultation to final handover.
01
Construction Loans
We find the right construction loan from our panel of 60+ lenders, tailored to your build, your budget, and your timeline - so you get the best rate available and never pay more than you need to.
02
Borrowing Capacity
Before anything else, we assess exactly how much you can borrow based on your income, expenses, liabilities, and savings so you know your limits before you commit.
03
Loan Application and Approval
We manage the entire application process, from selecting the right lender to submitting your paperwork and securing formal approval as smoothly and quickly as possible.
04
Progress Payment
As your builder hits each stage of the build, we coordinate the progress payments from your lender so the right amount goes to the right place at the right time.
05
Home Loans and Refinancing
Once your build is complete, we review your loan to make sure the rate and structure still works for you. The market changes and so do your needs - if there is a better deal available, we will find it.
06
House and Land Packages
Buying a house and land package? The finance requirements are different from a standard build. We know the process inside out and make sure your loan is structured correctly from day one.
The process
How it works
01
Free chat
Tell us where you are now and what you want to achieve.
02
Borrowing and lender comparison
We assess your borrowing power and compare suitable lenders.
03
Pre-approval and application
We handle the paperwork and keep your application moving.
04
Settlement and reviews
We stay in your corner, from settlement to regular loan reviews.
Our Solution
Building your dream home is exciting. Financing it shouldn't be stressful.
The challenges most people face when financing a build and exactly how we fix them.
Multiple Providers
Construction loans are hard to navigate
Unsure how much you can actually borrow
Progress payments are stressful to manage
Caught out by builder issues mid-build
Rate has changed by completion
With Elephant Advisory
We handle the complexity, step by step
Borrowing capacity assessed upfront
Every payment coordinated, bank to builder
Expert guidance to protect you throughout
We review your loan at handover
“Building a home is one of the biggest financial decisions you will ever make. We make sure you have the right loan, the right lender, and the right team behind you from the first brick to the last.”
Free tools
Run the numbers first
Your finance expert
Meet your broker
Gavin Hepponstall
Director & Head of Finance
Gav is the person you want in your corner when it comes to property finance. After years in banking and motor trade finance, he joined Elephant early and never looked back. He’s passionate about combining property and finance to help clients achieve their goals through tailored financial structuring, and he’s very serious about snacks at meetings.
FAQ
Let's clear a few things up.
No jargon, no runaround - just honest answers.
A construction loan is structured around your build rather than a single lump sum. Funds are released in stages as your builder completes each phase, and you only pay interest on what has been drawn down. This makes it more flexible but also more complex to manage than a standard home loan.
We assess your borrowing capacity based on your income, expenses, liabilities, and savings before recommending any lender. This tells you exactly what you can borrow and how much deposit you will need to contribute.
As your builder reaches each stage of the build, they submit an invoice as per your building contract. We coordinate the release of funds from your lender to your builder at each stage and manage any variations or issues that come up along the way.
Rates and market conditions can change significantly during a build. Once your home is complete and the final payment is made, we review your loan to make sure you are still on a competitive rate and recommend refinancing if a better option is available.
Yes. House and land packages have their own specific finance requirements that differ from a standard construction loan. We know the process well and structure your finance correctly from the start so there are no surprises.
This is something we take seriously given recent issues in the construction industry. We advise all clients to check their builder's licence, review the contract carefully, and make sure progress payments are tied to genuine build milestones. We are happy to walk you through what to look for before you sign anything.
Home Loans & Property
Read before you apply
How Much Can I Borrow on My Salary? (2026 Examples)
Rough borrowing power from $60k to $200k salaries in Australia, how banks work it out, and the small things that cut it.
How Lender Policies Affect How Much You Can Actually Borrow
Different lenders, different rules. Learn how lender policy shapes your borrowing capacity.
How to Increase Your Borrowing Capacity Quickly and Easily
The fastest way to lift your borrowing power is to review your debts. Which credit cards, loans and HECS to close, and which to keep as a buffer.
Related services
Find out what you can borrow, free.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.
Credit Guide
Phone
OFFICE HOURS
Mon to Fri: 8.30am - 6.00pm
By appointment only.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.
Phone
OFFICE HOURS
Mon to Fri: 8.30am - 6.00pm
By appointment only.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.
Phone
OFFICE HOURS
Mon to Fri: 8.30am - 6.00pm
By appointment only.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.