LET US HELP YOU
Why use our Construction Loan Specialists?
We have the power to negotiate a competitive deal with over 60 banks and lenders you know and trust, giving you confidence we will find the right loan for you
Find the right interest rate, structure and flexibility for your situation
We do the legwork and paperwork for you in 6 easy steps so you don't have to
We cut out the middleman and become your main point of contact throughout your new home journey
Build with confidence
We live and breathe construction home finance
Our Construction Loan Specialists, powered by Loan Market Elevate, have partnered with Clarendon Homes for over a decade. With access to a panel of 60+ lenders, we’ll help you understand your borrowing potential, recommend tailored loan options, and guide you through every step of the application process. From start to finish, we’re here to simplify the journey and help you move into your dream home on time.
Need finance for your new home?
We can help.
There are at least 34 points along the construction loan journey where things can go off track, especially if you're managing it alone with just one lender.
But with a Clarendon Homes Construction Loan Specialist, backed by Loan Market, you hand that complexity over to one dedicated expert. They’ll negotiate with over 60 leading lenders to find the right loan, with the right rate and features to suit your plans and your timeline.
And the best part? They do this every day for Clarendon Homes customers just like you.
Distinct benefits of working with a Clarendon Homes Finance Managers
- A panel of 60+ lenders and hundreds of loans including exclusive offers
- Specialist negotiators securing competitive interest rates
- No interest charged on any overdue progress payments
- The provision of a tender expiry guarantee to protect against price increases
- Only $10,000 deposit on signing of your building contract
- Only 5% deposit required before construction
- Our construction loan expertise and service comes at no cost to you
- Receive a $500 eftpos visa card
*This offer is only applicable to loans secured and finalised (i.e. unconditional loan approval) by our Finance Manager. A $500 Eftpos Visa Gift Card will be issued with your handover pack upon completion of your new home and cannot be redeemed or exchanged for cash or any discount. All applications must meet certain credit approval criteria to qualify for the loan, ensuring that borrowers satisfy the necessary conditions for eligibility.
EXCLUSIVE OFFER
Only a $10,000 deposit required until construction starts
Required on signing of your building contract rather than the usual 5% of your contract.
LOAN CALCULATOR
Know your borrowing power in minutes
Want to know how much you could borrow and what your repayments might look like?
It pays to shop around. Every bank and lender uses different criteria to assess your borrowing power, and the difference between two offers could be tens of thousands of dollars - enough to turn your second choice into your dream home.
Our Construction Loan Specialists understand what each lender is looking for. They’ll highlight the strengths of your application to help maximise your borrowing capacity and secure the finance that fits your goals.
LOAN CALCULATOR
Know your repayments in minutes
Get an estimate of your loan repayments based on your loan size.
Understanding what you'll need to repay before applying for a home loan is essential as it helps ensure you're financially comfortable and confident from the start.
Keep in mind, this is only a guide. Our specialised brokers can take your personal circumstances into account to give you a more accurate and tailored figure.
Need some construction loan guidance?
Complete the form below and let our team of Construction Loan Specialists support you with all things finance, every step of the way.
You’ve got nothing to lose. Our expert guidance and service come at no cost to you.
Meet your Construction Loan Specialist
Mortgage Broker
Karon Handy
Karon Handy is a seasoned mortgage broker with a strong background in banking and a wealth of expertise across all areas of lending. Known for her ability to assess client needs, negotiate with lenders, and navigate financial regulations, Karon provides a seamless and supportive experience from start to finish.
Her strength lies in making complex processes simple, clearly explaining financial options and guiding clients through paperwork with ease. With a deep understanding of the finance industry and a commitment to outstanding service, Karon is dedicated to helping her clients make informed decisions with confidence.
Whether you're buying or building a home, refinancing, investing, or exploring personal or business lending, Karon is your trusted partner for a smooth and successful financial journey.
Email: karon[email protected]
Phone: 0467 311 088
Karon Handy is a credit representative (498110) of Loan Market Pty Ltd ACN 105 230 019 Australian Credit Licence 390222
Frequently Asked Questions
How much deposit do I need to purchase a property?
Typically lenders ask for 20% of the total house price before they’ll consider giving you a loan but there are a number of ways around this. Some lenders will accept a smaller deposit but it’s likely that you’ll need to pay Lenders Mortgage Insurance (LMI). There might also be grants that you can take advantage of. Get in touch to chat about your options.
Can you help me understand my borrowing capacity?
Of course! Borrowing capacity refers to how much you can borrow from a lender. As your borrowing capacity can differ widely from Lender to lender, get in touch today and we can help you understand your maximum borrowing power from the 30 plus lenders we have access to.
How will you decide which loan is best suited to my circumstances?
With more than 30 home lenders on our panel, you and I are spoiled for choice. We narrow the search down by first understanding your needs and objectives. We will show you the features of each loan and explain the benefits, allowing you to make an informed choice which lender and loan you would like to apply for.
Does it cost to use a broker?
You do not pay a fee for our services. Instead, we’re paid a commission by the lender you choose for doing the work on their behalf and looking after your home loan needs ongoing. Learn more here and get in touch if you have any questions.
What fees should I be aware of when purchasing a property?
There are several fees that often aren’t discussed in length when buying a property. These include stamp duty, application fees, pest and building inspections and more. Get in touch with a broker today for an up-front conversation about all the hidden fees. Find a summary here.
What grants are available to me?
There are many grants that are available for those wanting a home loan and the options differ from state to state. To find out what grants you are eligible for, get in touch with our Home Finance Managers to help you understand what grants you could be eligible for.
How much does it cost to refinance?
Some of the costs you’d expect to pay include discharge, application and settlement fees and we work with you ensure that the savings outweigh the costs when refinancing from one lender to another. To find out how much you can save by refinancing your loan, give us a call.
What is Lenders Mortgage Insurance (LMI)?
LMI is required if you need to borrow more than 80% of the value of the property you are purchasing. You pay a premium which can be funded in the home loan and it protects your lender if you can’t pay your loan and the home needs to sold.
Compare our panel of lenders
Search Australia’s biggest banks plus a range of over 60 specialist lenders.
Choose us to take care of your finance for you and you’ll have less to do, meaning more time for things you actually enjoy.
*Any information provided on this website does not take into account your individual objectives, financial situation or needs. You should consider whether it is appropriate for you, and read the relevant disclosure document. Normal lender criteria, fees, charges, terms and conditions apply. **Finance Manager added benefits offer. Terms and Conditions. Effective as at 6/09/2017. The added benefits offer is available to you subject to the following terms and conditions: You meet our Finance Manager’s qualification criteria; You promptly supply and sign all documentation required by our Finance Manager to complete your loan application and to satisfy any further lender requirements; This offer is only applicable to loans secured and finalized (i.e. unconditional loan approval) by our Finance Manager.
Loan Market Pty Ltd ABN 89 105 230 019 | Australian Credit License 390222.
