Finance for Your New Home
Construction finance has its own logic.
Progress payments, lender milestones, builder approvals, and the timing of every government scheme you may qualify for. SJD Homes brings every piece together.
Three Finance Pathways for Your New Home
Whether you're buying your first home, upgrading, or rebuilding, the right finance pathway makes the difference between waiting and moving in.
Homepay: Build Now, Pay Later
SJD Homes is a Homepay Accredited Builder, pausing your mortgage repayments on house and land for up to 12 months while we build.
First Home Buyer Finance
First home buyers may qualify for up to four government pathways at once, often stacked together on the one package.
Our first home buyer hub compares them side by side and shows how schemes can stack on real packages.
Speak to a Mortgage Specialist?
Construction finance moves to its own rhythm. SJD Homes' preferred mortgage broker specialises in exactly this kind of lending.
Government Schemes and Grants at a Glance
A short reference for the federal and Victorian programs available to first home buyers right now. The deep detail lives on the first home buyer hub.
Help to Buy Scheme
2%
Minimum Deposit
Buyers with a 2% deposit can get into a new home now, using a shared equity model with the government.
First Home Owner Grant
$10,000
Cash Grant
First home buyers building or buying a brand new home valued under $750,000. Applied at settlement.
First Home Guarantee
5%
Deposit Required, No LMI
First home buyers with just a 5% deposit gain full home ownership without paying Lender's Mortgage Insurance.
Stamp Duty Exemption
$0
Stamp Duty Under $600k
First home buyers pay zero stamp duty on homes under $600,000, with concessions up to $750,000.
When Each Finance Conversation Should Happen
Knowing the sequence is half the battle. Here is the order most SJD Homes clients work through, and the right moment for each finance piece.
01
Before you sign anything
Borrowing capacity, scheme eligibility, pre-approval. Most first conversations with a broker happen at this stage, before any contract is signed.
02
Tender to contract
Loan structure for a construction loan locked in. Scheme stack confirmed and grant applications submitted where required.
03
Slab to handover
Progress payments draw down at each build stage and your lender pays SJD Homes directly. Under Homepay's Build Now, Pay Later structure, full repayments stay deferred until completion.
04
Final settlement
Final progress payment, full repayments commence, you move in.
A specialist broker manages each transition, so you are never chasing a milestone
More than just schemes
Your full finance picture in one conversation.
Borrowing capacity, construction loan structure, lender comparison, and every government scheme you qualify for, covered in a single free 30-minute consultation.
Finance Frequently Asked Questions
Common Questions We Get Asked About Finance.
Three.
Homepay Build Now, Pay Later: SJD Homes is an accredited builder, meaning out-of-pocket repayments on both the house and land are paused for up to 12 months while your home is built. Every federal and Victorian first home buyer scheme available to eligible buyers. And a preferred mortgage broking partnership for construction-aware home loan structuring.
Most SJD Homes clients use a combination.
Start with what you need most.
If you're a first home buyer, the schemes and grants on the first home buyer hub are usually the biggest dollar value on the table.
If cashflow during the build is the concern, Homepay defers your repayments until completion.
If you want help structuring the loan across major bank and non-bank lenders, our preferred broking partner runs that conversation.
Most SJD Homes clients use two of the three together.
No. Our preferred broker is offered as a free service because construction finance has its own complexity, and they handle it regularly with our clients.
You're welcome to use your own broker, your own bank, or arrange finance independently.
We coordinate with whichever lender or broker you choose.
Before you sign a house and land contract.
We recommend a free SJD Homes consultation first, then a borrowing capacity conversation with our preferred broker (or yours), then finance lock-in, then contract.
Locking the scheme and the borrowing capacity before signing protects you from surprises.
This information is general only and does not consider your circumstances. First home buyer scheme eligibility is at the discretion of state and federal government and may change without notice; lenders' terms and conditions apply. For current details see www.sro.vic.gov.au and www.housingaustralia.gov.au.
Loans are settled through Homepay's panel of trusted partner lenders. SJD Homes is a Homepay Accredited Builder, not the credit provider. Terms and conditions apply; approved purchasers only.
Mortgage broking is provided by MoneyQuest Australia Pty Ltd, Australian Credit Licence 487823. Vincent Bellier is a Credit Representative of MoneyQuest (Credit Representative Number 366624). SJD Homes is not a licensed credit provider or adviser. Any home loan or credit decision should be made with appropriate professional advice.
