Finance that
funds the build.
Most brokers refer finance out. We keep it in-house, so the build budget and the loan are sized together from the first conversation. Construction, first home and investment lending across Perth and WA.
Last updated 14 June 2026
The Property Plug Finance is the in-house lending arm of a Perth building broker. It arranges construction, first home and investment loans across Western Australia, compares lenders on rate and build policy, and stacks the $10,000 First Home Owner Grant with WA stamp duty concessions. It is free to you and paid by the lender.
Loan types we cover
Building is not the same as buying. A construction loan draws down in stages and a first home buyer stacks grants an investor never sees. We structure each to its job.
Construction loans
Progressive-draw lending for a new build. You pay interest only on the funds drawn at each stage, then move to principal and interest at handover.
Read more →First home loans WA
Low-deposit lending stacked with the $10,000 First Home Owner Grant, the WA stamp duty concession and the First Home Guarantee.
Read more →Investment loans
Interest-only and offset structures built for yield, depreciation on a new build and dual-income granny flats.
Read more →Low-deposit home loans
Buy or build in Perth with as little as 5% deposit, with or without Lenders Mortgage Insurance, using a guarantor or a guarantee scheme.
Read more →Refinancing
Switch lenders to a sharper rate, unlock equity to build a granny flat, or restructure once your build completes.
Read more →Serviceability explained
How a lender decides what you can borrow, why the assessment rate is higher than the advertised rate, and how to lift your capacity.
Read more →How our finance broking works
Tell us your brief
Your income, deposit, suburb and what you want to build. Two minutes, no cost and no credit check at this stage.
We size your numbers
We run your borrowing power, deposit position and the grants and concessions you qualify for, then map them to a build budget.
We match the lender
We compare lenders on our panel for rate, construction terms and policy fit, not just the bank you already use.
We hold your hand to settlement
Pre-approval, valuation, formal approval, progress draws during the build and the switch to principal and interest at handover.
Which loan suits which buyer
| Loan type | Best for | Deposit guide | Typical structure |
|---|---|---|---|
| Construction loan | Anyone building new | 5% to 20% | Interest-only progress draws, then P&I |
| First home loan WA | First home buyers | From 5% (plus $10,000 grant) | P&I, often with a guarantee scheme |
| Low-deposit loan | Buyers short on deposit | 5% to 15% | P&I with LMI or a guarantor |
| Investment loan | Investors, dual income | 10% to 20% | Interest-only with offset |
| Refinance | Existing owners | Equity based | Rate switch or equity release |
Deposit guides are indicative and lender dependent. Not credit advice.
Free finance calculators
See an estimate before you give us a single detail. Every calculator runs in your browser and shows a result instantly.
See all calculatorsFirst home support in WA, 2026
Western Australia is one of the strongest first-home markets in the country once the supports stack. Here is what a new-build buyer can draw on.
- $10,000 First Home Owner Grant on a new build, for properties valued up to the $800,000 cap.
- No stamp duty for first home buyers on a home up to $500,000, then a concessional rate to $700,000 in Perth metro and Peel.
- First Home Guarantee lets eligible buyers build with as little as 5% deposit and no Lenders Mortgage Insurance.
- Keystart offers low-deposit lending for eligible WA buyers with no LMI, subject to income and property caps.
- Help to Buy shared-equity support is rolling out and may reduce the deposit and loan required for eligible buyers.
Figures reflect 2025-26 WA settings and are general information. Verify current thresholds with RevenueWA and your lender. Last updated 14 June 2026.
Does The Property Plug charge for finance?
No. We are paid by the builder, never by you. Our finance arm is paid by the lender you proceed with, the same way our building broking is paid by the builder. You receive independent help choosing a loan at no cost to you.
Is this credit advice?
No. Everything on these pages and in our calculators is general information only. It does not take into account your objectives, financial situation or needs and is not a credit quote or credit assistance. We provide tailored credit assistance only after a full assessment, under our Australian Credit Licence or credit representative authorisation [TBC].
What is a construction loan and how is it different?
A construction loan releases money in stages as your build progresses (slab, frame, lock-up, fit-out, completion). You pay interest only on the funds drawn so far, which keeps holding costs low during the 12 month build, then it converts to a standard principal-and-interest home loan at handover.
How much deposit do I need to build a new home in WA?
Many lenders will build with a 5% to 10% deposit. With a 20% deposit you avoid Lenders Mortgage Insurance. First home buyers can often use the $10,000 First Home Owner Grant and a guarantee scheme to get in with less. Use the deposit and LMI calculator to see your position.
Can you arrange both the build and the finance?
Yes. That is the point of using a broker for both. We match your build to the right builder and design from our panel, and our finance arm structures the construction loan to fund it, so the build budget and the loan are sized together from day one.
Find out what you can build
Book a free finance call. We size your borrowing power, your grants and your deposit, then match the lender. No fee, no pressure, no obligation.