House & Land Package Finance

Helping you find the right home loan for your new house and land package

5.0

from 108 Reviews

Your New Home, Your Way

A house and land package can be one of the most rewarding ways to buy a new home. You get to choose your land, select a home design, and move into a brand-new property that suits your lifestyle. At Relax Home Loans, we help clients across Point Cook, Victoria and nation-wide understand how house and land package finance works, so they can make confident, informed decisions without the overwhelm.

What Is a House and Land Package?

A house and land package is a combined deal where you purchase a block of land and a new build home together, usually through a house land developer and a house land builder. These packages are often sold as a fixed price package, meaning the cost of the land and construction is agreed upfront. Some packages are offered as a turnkey solution, where everything is included and the home is ready to move into once construction is complete. Others involve separate contracts for the land and the build, which affects how your finance is structured.

For many buyers, a house and land package offers a sense of clarity. You know what you are getting, you know the price, and you are building something new. At Relax Home Loans, we work with clients to understand which type of package deal suits their situation, and then we access home loan options from banks and lenders across Australia to find a loan that fits.

How Finance Works for a House and Land Package

Financing a house and land package is different from buying an established home. In most cases, you will need a construction loan, which is a type of home loan that releases funds in stages as your new home is built. This is sometimes called a progress draw loan. Because the money is released in stages, you typically only pay interest on the amount that has been drawn down at any given time, rather than the full loan amount from day one.

One of the key decisions you will face is whether to choose a variable interest rate or a fixed interest rate for your construction loan. A variable interest rate moves with the market, while a fixed interest rate stays the same for a set period. Both have their place depending on your circumstances, and the team at Relax Home Loans can help you think through what might suit you. We never push you toward a particular product. Our role is to give you clear information so you can decide with confidence.

Your loan to value ratio, or LVR, is also an important consideration. This is the percentage of the property value that you are borrowing. A lower LVR generally means more favourable loan conditions. If your house land deposit is smaller, you may be subject to Lenders Mortgage Insurance, which adds to your costs. In some cases, eligible borrowers may be able to access LMI waivers, which can make a meaningful difference to your overall costs.

Grants and Stamp Duty Considerations

If you are buying a new home for the first time, you may be eligible for the First Home Owner Grant, also known as the FHOG. This is a government grant available to eligible first home buyers purchasing a new build or a turnkey home. The rules around house land grants vary by state, so it is worth understanding what applies in your situation.

House land stamp duty is another area worth understanding. In many cases, buying a house and land package means you only pay stamp duty on the land component at the time of house land settlement, rather than on the full property value. This can result in meaningful savings compared to buying an established home. Relax Home Loans can help you understand these considerations as part of the broader picture of house land finance, though we always recommend speaking with a qualified conveyancer or solicitor about your specific stamp duty obligations.

Why Choose Relax Home Loans for Your Package Finance?

At Relax Home Loans, we believe that buying a new home should feel considered and calm, not rushed or confusing. Whether you are looking at a display home package, a project home package, or a custom new home package, we take the time to understand your situation before we do anything else.

We access home loan options from banks and lenders across Australia, which means we are not limited to a single lender's products. We look at your loan amount, your deposit, your income, and your goals, and we help you find house land finance that makes sense for your life. For those who are buying your first home, we also help you understand what grants and schemes you may be eligible for, so nothing is overlooked.

If you are considering a construction loan as part of your house and land package, we can walk you through how the drawdown process works, what to expect at each stage of the build, and how your repayments will change over time. We also work alongside clients who are exploring low deposit loan options, helping them understand what is possible given their current financial position.

Relax Home Loans is based in Point Cook, Victoria, and we work with clients across the country. Whether you are just starting to explore the idea of a house and land package or you are ready to move forward, we are here to help you feel informed and at ease.

Our Process

Step 1: Discovery Conversation
At Relax Home Loans, we begin your home loan journey with a friendly, in-depth conversation with your dedicated broker. Whether you’re buying your first home, investing, or refinancing, we listen closely to understand your goals, financial situation, and unique needs. We dive deep to get a complete picture, then start researching loan options tailored just for you. Our mission is to keep the process simple and stress-free, so we can get started as quickly as possible for you.

Step 2: Financial Assessment
With care and expertise, we thoroughly review your financial situation—your income, savings, assets, liabilities, and credit history. This helps us determine your borrowing capacity and estimate affordable repayments. We’ll also explore eligibility for benefits like interest rate discounts or first-home buyer grants. To make things clear, we’ll present a preliminary proposal, collaborating closely with you to refine it so it perfectly suits your needs.

Step 3: Strategy Meeting
Here, we craft a personalised plan. Your broker presents a handpicked selection of loan options from trusted lenders, tailored to your goals—be it a fixed-rate, variable-rate, offset, interest-only repayments, or a bridging loan. We break down the pros and cons of each approach in plain language. At Relax Home Loans, we aim to go above and beyond to ensure you feel empowered to make a decision that’s clearly in your best interest.

Step 4: Pre-Approval
Pre-approval gives you the confidence to shop for your dream home. We manage the entire process, collecting documents like pay slips, tax returns, and bank statements to secure your pre-approval. This clarifies your budget and strengthens your position in the property market, so you can move quickly without stress. With Relax Home Loans, we make this step seamless, freeing you to focus on finding the perfect property.

Step 5: Application Submission
Once you’ve selected your ideal loan, we take the reins. Our team submits your application, oversees all paperwork, and keeps you and the lender informed as we work toward formal approval. We manage every detail, resolving any questions to ensure a smooth, hassle-free experience. At Relax Home Loans, we lift the burden off your shoulders, making the application process as effortless as possible.

Step 6: Loan Approval & Settlement
Once your loan is approved, our team will be available to guide you through the final agreement, ensuring you understand rates, fees, and repayment terms. We will ensure we’re keeping an eye on everything so that it all comes together smoothly. At settlement, you’ll receive your keys, and we’ll celebrate this milestone with you. But our support doesn’t end here—Relax Home Loans is with you for the journey ahead.

Step 7: Customer Success
Our commitment to you is lifelong. Your broker remains your trusted partner, offering guidance on managing repayments, refinancing, or tapping into home equity for future investments. Our customer success team proactively advocates for you, negotiating better rates with your lender or helping you switch if better options arise. With Relax Home Loans, you get ongoing education and support, ensuring your homeownership journey stays simple and rewarding. Relax—we’ve got you covered!

Real Stories, Real Results

We can’t recommend Steve and the team at Relax Hoke Loans highly enough. From the very beginning, he was knowledgeable, responsive and incredibly supportive, guiding us through the entire home loan process and making what could have been an extremely stressful experience feel manageable. Steve kept us informed at every stage, was always available to answer our questions, and worked incredibly hard behind the scenes to get everything across the line within some very tight timeframes. We always felt that he genuinely cared about achieving the best outcome for our family. Thanks to Steve, we’re moving into a home we absolutely love. We’re incredibly grateful for everything he did to help make it happen and wouldn’t hesitate to recommend him to anyone looking for a mortgage broker. You will not be disappointed!

Angela Cromie

I couldn’t be happier with the service I received from Steve and the team at Relax Home Loans. Steve was incredibly professional, knowledgeable and supportive throughout the entire process. He made what could have been a stressful experience feel smooth and straightforward, always taking the time to explain things clearly and keeping me informed every step of the way. I’d also like to give a special mention to Danniella, who was extremely proactive, organised and responsive. Her attention to detail and ability to stay on top of everything made a real difference and gave me great confidence throughout the process. Thank you, Steve. I can’t thank you enough for the support you and your team have provided. This is the best service I have ever received from anyone while purchasing a property. I would have no hesitation in recommending Steve, Danniella and the Relax Home Loans team to anyone looking for a professional, responsive and genuinely caring mortgage broker. Thank you again for making the whole experience such a positive one!

Farhan Masud

Brianna Benito

Really happy with my experience with Relax Home Loans. They were easygoing, helpful throughout the whole process. They answered all my questions and made everything easy to understand. Would definitely recommend them

Sher Htee Kunoo

Got Questions?

What kind of interest rates can you offer?

We take look at a wide range of products available from Banks, Credit Unions & other lenders across the country. This means we can search thousands of products and make sure we're always recommending the best Home Loans for our clients.

Is it cheaper to refinance with a bank?

Working with a local mortgage broker can help you secure a better home loan with lower interest rates or minimal fees. While we can evaluate loan options from different lenders for you, refinancing with the bank means that you only have access to a limited set of options from one lender.

Are your mortgage brokers licensed and accredited?

All of our Mortgage Brokers are accredited and members of the Finance Brokers Association of Australasia. They are extremely professional and provide exceptional service across a range of lending options.

Can you only help with Home Loans?

We can help with Home and Investment Loans, Construction Loans, Car Loans, Personal Loans and much more. If you're looking to borrow to buy something, we can probably help.

Can you help First Home Buyers?

We love helping First Home Buyers! We're experts at the entire process and can help you get the right Home Loan. We're also across the various schemes to help First Home Buyers such as the First Home Owners Grant and the various stamp duty exemptions available.

Can you help with refinancing an existing Mortgage?

Of course! We believe that we can find the best interest rate for you to refinance to, whether it's a Home Loan or Investment Loan.

Why should I use a Mortgage Broker?

Mortgage Brokers are there to help you find the right loan whether it be from the major banks, smaller lenders or other sources. We have a broad range of products (more than any single lender can offer) which means we can do all the legwork to find the right loan for you.