The Rock Building Society Limited
Search

Personal

Construction Facility

No Stress
Building or renovating your dream home is an exciting but demanding exercise. The last thing you want to worry about is finance. Let The Rock’s Construction Facility ease the way through the building process.

Great Rate
Unlike some other lenders, The Rock does not charge a higher interest rate for construction loans. You get the same low variable or fixed rate as other home loan customers.

Control
The Rock takes control over payments to the builder, and only makes progress payments with your authorisation. An independent valuer will inspect works completed prior to the payments at base and final stages. Additionally, The Rock makes sure your home is fully completed to your satisfaction and Council approved before the builder receives the final payment.

Easy Start
The Rock makes getting into your new or renovated home easier by only requiring you to repay the interest on the amount drawn down to date during the construction period. This reverts to the full monthly repayment on completion of the home. This helps you pay the rent, or existing mortgage payments whilst your new home or renovation is being completed.

 

Product Details

If you are buying, building, renovating or investing in residential property, we have many innovative solutions to cater for your specific needs.

Advantage Plus - The best of both worlds

For customers who need a low interest rate home loan with most of the features our premium loans provide.

Click for more...

Standard Variable Loan – A full house of benefits

Features that add value to your financial solution.

Click for more...

Fixed Rate Loan – Manage rate increases

You have a choice to fix the rate for one, two or three years.

Click for more...

Rock Star Pack - The pack deal

Reduce your fees and your rate. One annual fee covers account-keeping and most transaction fees.

Click for more...

Home-to-Home Loan - Buy now, sell later

Allows you to purchase or build your new home now and have twelve months to sell your current home. It gives you breathing space to wait for that better price.

Click for more...

Lo Doc Loan – Non-standard requirements

A solution for borrowers who are self-employed or have combined business and personal income and expense records.

Click for more...

Line of Credit - Unlock your equity

Have instant access to the equity in your home at the same interest rates as our Standard Variable and Rock Star Pack home loans. You can even fix your interest rate.

Click for more...