Find the Ideal Home and Land Package Loan for You

Which kind of home and land package loan would best suit your needs? With so many loan products to choose from, it’s important to find one that aligns with your individual goals for the future.

There are two kinds of house and land packages – the turnkey solution (where a brand new home has been recently built on a lot) or the other option, which involves purchasing the vacant land on its own and then having the house built after choosing from a series of design templates and builders.

Either way, house and land packages offer a much more efficient, streamlined and even personalised process that allows you to customise your new home’s layout and style. The other key advantage is the opportunity to save on stamp duty costs – so long as construction hasn’t commenced on your new property yet, stamp duty will be calculated on the land value, not the overall property value with the house included.

House and land package loans for first home buyers

Are you a first home buyer looking to buy a patch of land to build your new home on? If so, there’s a good chance you’re eligible for the Australian Government’s First Home Loan Deposit Scheme (New Homes) Guarantee, which allows you to secure a loan with as little as a 5% deposit.

There are caveats to this scheme, of course; one of which is that you must commence construction on your new home within six months of signing the contract, finish construction within two years, and then move into the property within six months of receiving the occupancy certificate.

Home and land package loans for investors

House and land packages can be a wise investment, and the loan process can be relatively straightforward. Firstly, you can enjoy peace of mind that maintenance issues and tenant requests should be far lower in a brand new home than in an older one – and any issues that do arise are likely to be covered under warranty.

We’ll help you navigate the process of applying for a house and land package loan

BFG Loans works with more than 35 banks and reputable lenders Australia-wide to compare the market and find the best product for your specific needs. Our team has helps Australian homebuyers secure the right house and land package loan, owner-occupied loan, guarantor home loan, no LMI mortgage, investment home loan and other tailored finance solutions.

Ready to speak with one of our experienced brokers? Get in touch to arrange a free one-on-one consultation today.

Hear from others how BFG is making a difference

We are so happy to have been able to work with Sam at Benevolence Financial Group on bringing our home ownership dreams to life. As first home buyers we had no idea what we were doing and whether we were even in any kind of position to purchase. Sam explained everything and patiently answered our many questions, talking us through every step of the process.

Jen

Highly recommended. Sam and his team are a highly professional group who helped us with a refinance. They were attentive, proactive, and knowledgeable in their service as they guided us through the transition.

Oliver

Sam from the BFG looked after myself and my Fiance when we got our first home purchase. Sam was very down to earth, professional and really went above and beyond to help us every step of the way. He helped us, offered us support and made sure we get through things very smoothly. he answered all our questions and was always available to chat, was very proactive and always had the answers.

Reta

I can’t recommend enough Sam, he’s caring, savy, organise, responsive and very knowledgeable, Sam really care about you and he will always procure to get the best outcome for you. Thanks so much for your help Sam, I can’t thank you enough.

Patrick

We met with Samuel and right from the start he listened to our goals and got us meeting with the relevant people. He was extremely proactive and found lenders to say yes when our current said no. Have used him many times and would recommend him to any small business owner who is trying to get ahead and set up an income for their future and future family. Look forward to continue to working with him and his team

Andrea

Samuel has been incredibly helpful guiding us through our first home purchase. He’s been incredibly patient, very responsive, and got us a great deal on our mortgage. On top of all that, his business model is geared toward socially responsible and ethically minded businesses/banks – something we really valued. It’s great to know our investment is doing something great for us, but also for others and the world. We would highly recommend this business and specifically Samuel, he’s just an absolute legend!