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Land and Construction Loans

Land and Construction Loans

Interest Rate 7.86 % p.a.
Comparison rate 7.87 %^ p.a.
variable, owner occupied, principal and interest

Our construction loans let you borrow up to 95% of the completed property value.

Our Land and Construction Loan is perfect if:

You're building a new home, buying land or if you're doing a knock-down rebuild. Our lenders can support you along the way.

Savings

  • No establishment fee
  • No ongoing monthly fees

Great Features

  • Flexible repayments+

Discounts

  • Insurance discounts*

Calculate your Repayments

Apply for a Construction and Land Loan

Want to know more or apply? Contact us online today.

Our Awards

Important information:

*Conditions, fees and charges apply to all loans. Subject to meeting Greater Bank's lending criteria.

Greater Bank, part of Newcastle Greater Mutual Group Ltd ACN 087 651 992 Australian Financial Services Licence/Australian credit licence 238273 


~At the end of the fixed rate period customers can chose to re-fix their loan for another fixed rate period or let the loan revert to the applicable variable interest rate based on the loan and repayment type.
^Comparison rate is based on $150,000 over 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
#Discounted rates include a discount on Home Loans of $150,000 or over and for owner occupied Home Loans with an LVR 80% or below and for investment Home Loan with an LVR 80% or below and apply to new borrowings only. Discounted rate not available for Line of Credit facilities.
+ Additional costs may apply to fixed rate loans.

* To access your Ultimate Home Loan package insurance discounts please visit your local branch or alternatively call us on 131386. The discount is not available online. The discount is only available for the first year of the policy.
All new interest only home loans, attract a 0.10% p.a. margin above the applicable Principal and Interest base rate. All new Line of Credit home loans, attract a 0.10% p.a. margin above the applicable Line of Credit base rate. The all up interest rate which includes any margins, will be set out in your credit contract.

View our Terms and Conditions.