PB
Phoebe Blamey
google
“The brilliant thing about Julie is her next level understanding of money in your business and how to help a business owner borrow money”
Posted on Google · 2026-11-12
Merrylands · Mortgage broker
Home and land construction loans: buy the land, build your home
A construction loan pays your builder in stages as work is completed, and you pay interest only on what has been drawn. We arrange home and land packages (the land purchase and the build in one loan), new builds on land you already own, knock-down rebuilds, owner-builder, renovation and incomplete-build finance.
Construction lending is assessed on your land, your fixed-price building contract and your plans, and the lender values the home as it will be when finished. The usual problems are timing and gaps: a variation mid-build that the loan does not cover, or a lender whose drawdown process slows your builder down.
| Loan | For |
|---|---|
| New home construction | Building on land you own or are buying |
| Knock-down rebuild | Replacing your existing home, using the land's equity |
| Owner-builder | Managing the build yourself (fewer lenders; stricter criteria) |
| Renovation and extension | Major works funded in stages |
| Incomplete build finance | Finishing a build after a builder leaves or funds run out |
| Low doc construction | Self-employed owners without full financials |
Often missed: combining land and construction in one loan, refinancing mid-build to a better lender, and paying interest-only during construction to protect cash flow.
What we do
Home & Land Construction Loans
For owners building, or knocking down and rebuilding.
What’s included
- A free consultation on your land, contract, plans and budget
- Lender match on construction policy, drawdown speed and variation handling
- Approval based on the valuation of the finished home
- Progress payments at each stage: slab, frame, lock-up, fixing and completion
- A rate review when the loan switches to regular repayments
Problems we solve
- Variations mid-build the loan does not cover
- Slow drawdowns that hold up your builder
- Combining land and construction in one loan
- Knock-down rebuilds using your land’s equity
- Finishing an incomplete build
What we cover
Good to know
Tap any one to read the detail.
Documents
Land contract or title, signed fixed-price building contract, council-approved plans and specifications, builder's insurance, plus your income documents.
How it works
How we deliver
1
Free consultationyour land, contract, plans and budget.
2
Lender matchon construction policy, drawdown speed and variation handling.
3
Approvalbased on the valuation of the finished home.
4
Progress payments at each stagetypically slab, frame, lock-up, fixing and completion, released after the builder's invoice and, where required, an inspection.
5
Completionthe loan switches to regular repayments; we review the rate then.
Pricing
Honest, up-front pricing
Starts with a free assessment
The lender that funds your loan pays us a commission when it settles. If a fee ever applies, for example on a complex or commercial loan, it is agreed in writing before any work starts, and our credit guide sets out exactly how we are paid.
Reviews & ratings
Loved by the local community
NM
Neil Manuel
google
“Awesome broker, highly recommended for any of your finance needs!”
Posted on Google · 2026-11-01
GO
Gareene Ohanian
google
“I highly recommend Julie from Mortgage Pass in Merrylands. She’s so professional, knowledgeable and caring. Her advice is beyond what you will ever receive from a bank. julie managed to secure our first home buyer pre-approved loan in no time. We are so happy to have found our forever home and settled our loan with ease. Thank you Julie & the Mortgage Pass team.”
Posted on Google · 2026-10-21
Meet your team
Led by people, not a faceless help desk
JJ
Julie Judge
Home & Land Construction Loans lead · Diploma of Finance and Mortgage Broking Management
Mortgage broker in Merrylands and nearby
Areas we serve
These are just some of the local suburbs we cover.
SydneyNSWBurwoodNSWConcordNSWHolroydNSWHomebushNSWLidcombeNSWRosehillNSWGranvilleNSWGuildfordNSWMays HillNSWNewingtonNSWRydalmereNSWMerrylandsNSWSydney Olympic ParkNSWSilverwaterNSWWentworthvilleNSWNorth ParramattaNSWConstitution HillNSWParramattaNSWSouth WentworthvilleNSW
Popular searches
Service options
Onsite servicesOnline appointments
Amenities
Gender-neutral restroom
Crowd
LGBTQ+ friendlyTransgender safespace
From the business
Identifies as women-owned
FAQs
Questions answered
How does construction finance work?
With the construction loans Mortgage Pass arranges, funds are released in stages as work is completed, rather than as one lump sum.
Do I pay interest during the build?
Usually interest-only, on the amount drawn so far, with the construction loans Mortgage Pass arranges.
Can I combine land and construction in one loan?
Often yes. Mortgage Pass can combine land and construction in one loan, which simplifies repayments.
What if the build costs more than the contract?
Variations need funding, and Mortgage Pass plans for them before approval.
Can I refinance during construction?
Some lenders allow it, and Mortgage Pass checks whether it saves you money.
Business information
Mortgage Pass
Address
1/219 Merrylands Road, Merrylands NSW 2160Get directions →
Phone
Booking link
Hours
HoursSee all →
Website
Plus Code & geo
Credit licence
Australian Credit Licence 387025
Find us
Hours, directions and map
- Address1/219 Merrylands Road
Merrylands NSW 2160 - StatusHours
- Google Plus Code
5X7Q+HH
Opening hours
HoursMondayToday9:00 am – 6:00 pm
Tuesday9:00 am – 6:00 pm
Wednesday9:00 am – 6:00 pm
Thursday9:00 am – 6:00 pm
Friday9:00 am – 6:00 pm
SaturdayClosed
SundayClosed
Status: Open today 9:00 am – 6:00 pm
Sources & references
- (n.d.). RG 273 Mortgage brokers: Best interests duty. ASIC. https://asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-273-mortgage-brokers-best-interests-duty/
- (n.d.). Search ASIC's professional registers. ASIC. https://asic.gov.au/online-services/search-asic-s-registers/professional-registers/