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Pioneer Construction Home Loan
Construction Home Loan

Have full control of construction progress payments with Pioneer’s construction loan.

Whether you are building a home or carrying out major renovations to an existing home, Pioneer has a construction loan to suit you. Pioneer's construction loan has the same features as the standard term loan, however at settlement the loan is drawn down in stages coinciding with the key stages of construction.

Maximum LVR 95% including Mortgage Insurance
Minimum Loan Amount $20,000
Available for Owner Occupied Yes
Available for Investment Yes. Max LVR 90% plus capitalised Mortgage Insurance
Applicant Types PAYG, self-employed, companies, trusts
Payment Types Interest Only during construction, then reverts to Principal & Interest or Interest Only
Interest Only Period Maximum 10 years
Interest Rate Options Variable or Fixed 1-5 years
Repayment Frequency Weekly, Fortnightly or Monthly
Extra Repayments Yes (limited to $20,000 while on a fixed rate)
Redraw Available after construction is complete
Statement Frequency Twice annually
100% Offset Account Yes. $10/month applicable.
Non-Genuine Savings Yes
Split Loan Yes - up to 4 splits
Bridging Finance Yes
Portable Available after construction is complete
Account Access Phone & Internet Banking, BPAY
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quick enquiry
Quick Enquiry
A Pioneer Construction loan
gives you full control of
construction progress payments!
We ensure you are happy with the
particular stage that has just been
completed before we pay the
builder's claim
Pioneer's construction loan is suitable for borrowers wishing to build a home or carry out major renovations. Pioneer's construction loan has the same features of a standard term loan with funds drawn down in line with the key stages of construction. Tell us what you are looking for -Home Loan, Progress payments, Home loan products, Home renovations, Mortgage products, Construction stages, Residential home loan, Negative gearing Investment home loan, Construction payments, Construction home loan, Construction loan , etc. Yes, we can help you with all of them! Pioneer's construction loan has the same features of a standard term loan with funds drawn down in line with the key stages of construction. Have full control of construction progress payments with Pioneer's construction loan.