New Home Finance

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Finance made easy

At New Choice Homes we offer more than just exceptional home building services – we also provide easy finance options . Our one-stop-shop approach allows you to access in-house finance options and construction home loans, streamlining the process and saving you time and effort. From securing the right loan to managing budgets and understanding the financial implications of building a new home, our new home finance team are here to support you every step of the way.

With our personalised financial guidance and expertise, you can be confident that you’ll be making informed decisions that align with your goals and budget. To find out how we can get you into your new home quicker, and to discuss our construction home loan options, fill out the form.

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New home finance specialist discussing options

Talk to a home loan specialist

Seamless Communication: Direct connection between your builder, finance team, and you leading to fewer delays and misunderstandings.
Faster Approvals: Our in-house specialists understand our construction process, helping to speed up assessments and approvals.
Tailored Solutions: Finance structured specifically for staged construction payments and your build timeline.
Expert Guidance: Dedicated finance professionals experienced in construction lending guiding you every step of the way.
Simplified Process: One point of contact for both your build and your finance needs, reducing paperwork and stress.
Competitive Options: Access to exclusive or preferred loan products through our finance partners.
Holistic Financial Review: Our finance team takes a holistic approach, providing a full review of your individual financial circumstances to find the best lending solution for you.
Transparency: Regular updates and clear explanations throughout your loan and construction journey.
Peace of Mind: Confidence knowing your finance and construction are coordinated under one trusted team.

Free Finance Assessment

Discover your finance options

We know that navigating the world of home finance can be overwhelming, but our team is here to guide you through every step. Here are some of the finance options available to help you get started on building your new home:

First Home Owners Grant

Building your own property as a first home buyer means your eligible for the $10,000 first home owners grant (FHOG) what this means is, as well as not having to pay stamp duty on land under $300,000 you also receive a $10,000 grant from the government to help you out with construction and establishment costs.

Keystart Loans

Keystart is a unique lender backed by the WA government. With lower deposit requirements and no lender’s mortgage insurance (LMI), Keystart Loans are designed to make homeownership more accessible. This loan is particularly beneficial for first-time buyers or those with a smaller deposit.

First Home Guarantee Scheme

On top of the first home owners grant and the WA Government’s keystart loans, you may also be elligible for the Australian Government’s first home guarantee scheme in order to secure a construction home loan.

5% Deposit Scheme

Low Deposit Loan

If you don’t fit Keystart, we have other low deposit home loans available. That’s why it really helps to talk to one of our finance specialists, they have the knowledge and connections to weigh up the various lenders and make sure you have considered all the variables.

Construction Loan

A Construction Loan is specifically designed to finance the building of your new home. With this type of loan, funds are released in stages as the construction progresses, ensuring that your builder is paid throughout the process. This option helps you manage your budget effectively while your dream home is being built.

House and Land Loan

A House and Land Loan combines the cost of purchasing land and building your new home into one convenient package. This loan is ideal for those who want to simplify the financing process, allowing you to secure both the land and the home construction with one loan application.

Guarantor Loan

With a guarantor loan, a family member or close friend can use their property as security for your loan, allowing you to borrow more or avoid paying Lender’s Mortgage Insurance (LMI). This option can make it easier to secure a home loan and start building sooner.

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Government assistance

If you’ve been thinking about building your own home, you’ve no doubt heard about the first homeowner grant, but do you know this is just one of many grants available for you to build your own home? We’ve put together the Ultimate Guide to Government Building Incentives, a helpful guide so that you can find out what’s available. Click the button below to download the free guide.

Download Guide