Construction Loans
At New Level Lending, we're Mortgage Brokers based in Newcastle, helping clients across NSW fund their new build or renovation with a Construction Loan

Rated 5 from 52 Reviews
At New Level Lending, we're Mortgage Brokers based in Newcastle, helping clients across NSW fund their new build or renovation with a Construction Loan
Rated 5 from 52 Reviews
Getting a construction loan is a crucial step for those looking to build their dream home or undertake a significant renovation project. Construction Loans are specifically designed to provide funds in stages as the construction progresses, rather than as a lump sum upfront. Getting a construction loan can be complex, as in addition to understanding your financial situation, banks will generally need to understand the details of the build before providing approval. We can help you understand the process and make sure you have all the documentation required before submitting an application - saving you valuable time in getting your build underway.
Construction Loans operate differently to other types of loans with the funds being provided to pay builders and suppliers as the construction progresses. This means that you'll only pay interest on the funds you've accessed rather than the whole loan. Understanding how a Construction Loan operates and how it enables you to build or renovate is critical and we have the expertise to make sure you understand the process and get the right loan for you.
We're a proud member of the Mortgage and Finance Association of Australia and can help with Construction Loans right across Australia. If you're looking to build or renovate, we have the expertise and experience to guide you through the process and make the right choice.
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Wendy Withers
Great service. Jake’s assistance in buying our first Investment Property made the process so easy. Couldn’t have done it without his help. Thoroughly recommend
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Olivia Wills
Jake has been amazing from start to finish of buying our first home. He has made everything a breeze with his ongoing support. Jake has definitely gone above and beyond especially with the purchase being private with no agents. He also provided amazing support with the family guarantee to not only us but to my parents. We really appreciate everything he has done. If you’re looking to buy a home we highly recommend Jake!
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CARMINE
Jake's expertise and dedication to his clients truly set him apart. He took the time to understand our needs and worked diligently to find the best options available for us. It was evident that he genuinely cared about our financial well-being. What could have been a stressful experience turned out to be smooth and straightforward. We are so grateful for his support and highly recommend him to anyone looking for a reliable and knowledgeable mortgage broker. Thanks Again Jake!
Yes we can and we've helped many clients in this scenario! Reviewing your home loan doesn't always mean switching to another lender. Sometimes it's a matter of us liaising with your bank and agreeing on a more competitive solution. We will; analyse your current loan structure, understanding what's available and liaising with your current lender.
As a homeowner, you know all about working hard. Now it's time to make your home work hard for you. We can help you leverage your existing equity by; maximising borrowing power and cash flow, preparing an application to the lender and ensuring your loans are structured well.
Yes! As moving into your first home is exciting, we guide you through the process and help you; access government grants including the First Home Owners Grant (FHOG), the home guarantee scheme, getting in with a lower deposit and avoiding lenders mortgage insurance.
Of course! If you've outgrown your home and are keen to move to something that better suits your lifestyle, we can help by; leveraging equity and repayment history, preparing the loan application (whether it's a home loan or construction loan) or structuring the loan to suit your needs.
As a mortgage broker, we have insight into the banks' closely-guarded lending policies, we can help you apply for an appropriate lender. We will; analyse your financials, understand your goals and help you determine the best match.
If your bank won't play nice, we can help facilitate the move to another lender. We do this by; assessing your situation and goals, scouring the market for suitable offers and preparing all the paperwork.