Rural Land Loans

Loans for Land

Land loans basically work the same way as a standard home loan, with a slightly higher interest rate. Typically, this extra percentage stays on until a house is constructed on the property. Once constructed, the interest rate reduces on the loan.

Please fill in the Enquiry Form to get accurate and relevant information for your situation.

Subdivision - Existing or Planned

When it comes to subdivisions, it is offen possible to borrow before the land is subdivided. Keep in mind that the loan is based on the value of the un-subdivided property which means that the land would be worth less than if it was subdivided (1 larger block is worth less than 2 smaller blocks).

You can borrow on the value of two blocks of land once the titles have been issued, which is also when you can borrow on the construction.

Rural Land Loans

In terms of rural land loans, it is often quite complex,  and Home Loan Club can assist in putting you intouch with Lenders experienced in this type of loan.

Please fill in the Enquiry Form.

Have questions? Need help?

We would be glad to help you; simply contact us via our Enquiry Form or call 1300 337 893.