Renovation Loans

It depends on your income, existing debts, and how much equity sits in your home. As a rough guide, most lenders will let you borrow up to 80% of your home's value (your LVR, or loan to value ratio) without lender's mortgage insurance. In a free, no-obligation chat we can give you a real number based on current lender policies.

Yes, this is the most common path. If your home's gone up in value, or you've paid the loan down, that gap is equity you can draw on through a top-up, equity release or refinance.

A top-up is an increase to your existing home loan, paid to you as a lump sum. Best for renos under about $100k with no structural work. A construction loan releases funds in stages as the build progresses and is required for major structural renos, usually $350k and up.

For a top-up, no. For a construction loan, yes. Lenders want council-approved plans and a fixed-price building contract before they'll formally approve.

A top-up can be done in one to two weeks. A construction loan usually takes three to five weeks from submission to formal approval, depending on the lender and how clean the contract and plans are. If you're selling one home and renovating another, bridging finance can cover the gap.

Nothing. Our service is free and there's no obligation. Like most mortgage brokers, we're paid by the lender when your loan settles, not by you, and we'll explain how that works before you commit.