Build Your Home
Finance your new build or construction project
Mortgage Lab helps New Zealand buyers arrange finance for new builds, construction loans, turnkey purchases, land, and progress payments.
Building a new home is an exciting journey, but financing a construction project is different from buying an existing property. There are progress payments, building contracts, and specific lending requirements to navigate.
Our advisers have extensive experience with construction loans. Whether you're building from scratch, doing a major renovation, or buying a turnkey new build, we can help you find the right finance solution.
We'll guide you through the process, help you understand the different loan structures, and work with you and your builder to ensure payments are made smoothly throughout construction.
How We Can Help
Explain the difference between progress payment loans and turnkey finance
Help you understand what lenders require for construction lending
Review your building contract to ensure it meets lender requirements
Set up progress payment schedules aligned with your build stages
Access the First Home Loan scheme for new builds with lower deposit requirements
Arrange finance for land purchases while you plan your build
Navigate the additional requirements for owner-builder projects
Frequently Asked Questions
Related Articles
Tips and insights to help you on your journey
How to Improve Your Credit Report in NZ: Small Steps That Make a Big Difference
Is It Worth Getting a Flatmate to Help Pay My Mortgage?
Sun Seeker: The Essential App for Evaluating Property Sun Exposure in NZ
What Is Price by Negotiation?
Mortgage Glossary: Common Terms Every Home Buyer Should Know
NZ Interest Rates Prediction 2020 (Historical Archive)
What Our Clients Say
“Brett always goes the extra mile and accommodates my husbands shift work. We really appreciate his honest opinion and answering any questions we have.”
Kathryn Sanders
Brett Davies“Both my partner and I really enjoyed working with Nicola. She was extremely knowledgeable and provided great guidance to help us get in to our first home. She was always responsive and helpful, had excellent contacts and recommendations, efficient and very friendly. We couldn't ask for anyone better and will sing her praises any day!”
Sam Thomas
Nicola Winters“Dustin was great to deal with and very quick with responses as best he could.”
Gagandeep Singh
Dustin LindaleReady to Get Started?
Talk to one of our friendly mortgage advisers today. Our service is usually at no direct cost to you.