Building your dream home from the ground up? A Home and Land Package with a Construction Loan from Rama Finance offers an ideal solution. This type of loan allows you to finance both the purchase of land and the construction of your home in one streamlined process. Our expert team guides you through every stage – from securing pre-approval to managing progressive drawdowns as your builder completes each phase of construction. With flexible loan structures and access to competitive rates from top lenders, we help turn your dream into a reality – without the financial stress.
- Combine land purchase and build in one loan
- Pay interest only on the amount drawn
- Staged payments as construction progresses
- Flexible repayment and loan options
- Access to government grants for first-time buyers
- Expert support throughout the process
FAQ’s
- What is a construction loan?
-
A loan released in stages to fund your home's construction.
- Do I need a deposit?
-
Yes, typically 5–20% of the total package.
- Can I use first home buyer grants?
-
Absolutely, if you’re eligible.
- How are funds released?
-
In stages as the builder completes work.
- Can I choose my own builder?
-
Yes, but lender approval may be required.
