Building a Home?
We’ll Take the Stress Out of Financing Your Build
We guide you through the entire construction process, from securing the right financing to completing your build, ensuring a stress-free experience from start to finish as your trusted advisor every step of the way.
Full support from land acquisition to house completion
We’re here to make your home-building journey as smooth and stress-free as possible.
Whether you’re in the early stages of exploring the idea of building a new home or have already secured the perfect block of land, we can provide full support from start to finish. With our guidance, you’ll have access to the best construction loan options, tailored advice, and expert insights to ensure your project stays on track.
From securing financing to completing the final touches on your dream home, we’re committed to making your construction process easier and more manageable.
Don’t Get Caught by Agents Looking Out for Themselves
If you’re thinking about building your home, it’s normal to feel overwhelmed and unsure of where to start or who to trust. With so much conflicting advice out there, it can be hard to know which way to go. Many people face the same question: who can I rely on?
Building a home is complex, no matter if you’re a first-time buyer, seasoned homeowner, or investor. From land titles and council approvals to finding the right builder and navigating contracts, it’s easy to feel overwhelmed.
That’s where we come in. We guide you through every step, and with our expert support, the process becomes simple and stress-free.
Different lending rules
In today’s real estate market, building a home is becoming an increasingly popular choice for many homebuyers.
First-time buyers can take advantage of first-home construction grants and incentives to turn their dream home into a reality, while seasoned property investors can benefit from tax advantages to maximise their returns.
However, securing construction loans can be tricky. Not all lenders are willing to finance construction projects, and the requirements for construction financing often differ from those for standard home loans. This can make navigating the loan process more confusing and difficult for homebuyers and investors alike.
With our deep knowledge of home loans and access to a wide network of lenders, we help you find the right financing solution for your specific needs. We guide you through every step of the process, from securing competitive rates to understanding the unique requirements of construction financing. Our goal is to make building your home or investment property as simple and stress-free as possible.
Your Trusted Partner Every Step of the Way
At Empowered Lending Group, we’re here to be your trusted partner throughout your home build journey.
We simplify the process by breaking down every step and ensuring you’re fully informed before you begin. With our years of expertise and industry knowledge, you can count on us to guide you through every stage of your construction project. From helping you choose the right lender and loan product to offering support until your home is complete, we make the entire process seamless and stress-free.
Our goal is to help you bring your dream home to life, ensuring the journey is smooth, informed, and well-supported.
Case Study
Building a Dream: How we helped Dom & Maddie create their perfect home.
With our guidance and support, Dom and Maddie were able to turn their dream of building a custom family home into a reality, navigating the process with confidence and ease.
Meet Dom and Maddie. Like many people, they had always dreamed of building their perfect family home, a place where they could create lifelong memories. But when it came time to make that dream a reality, they felt unsure of where to start. The thought of navigating the complex world of construction loans, dealing with builders, and managing all the moving parts of a home build felt overwhelming. They knew what they wanted, but the path to get there seemed unclear.
That’s when they turned to us for guidance.
From our very first meeting, we sat down with Dom and Maddie to understand their vision and goals. We explained the entire construction loan process in clear terms and worked with them to find the best financing option to suit their needs. We also helped them connect with trusted builders and walked them through each step of the construction process, making sure they felt informed and supported at every turn.
With our help, Dom and Maddie were able to approach their home build with confidence and ease. They didn’t have to worry about the overwhelming details because we were there to handle the complexities for them.
Today, they’re living in the custom-built home they always dreamed of, and couldn’t be happier with the result. Their story shows that, with the right support, the dream of building a home can be an exciting, stress-free journey.
If you’re feeling unsure or overwhelmed by the idea of building your own home, know that we’re here to guide you every step of the way, just like we did for Dom and Maddie. Your dream home is possible — and we’ll help you get there.
Simplifying the loan experience.
Get in touch with us.
We are looking forward to starting a conversation, building a relationship and helping you achieve
property success!
Frequently asked questions.
If you've got questions, we've got answers. Here as are some of the most common ones we get. For everything else, get in touch.
I want a property but have no idea where to start.
The good news is, we do!
We are here to fully support you and, if it helps we can introduce you to our network of professionals that are great, just like us. If you need a conveyancer, solicitor, real estate agent, building broker, property manager or anyone else, we can get you connected.
We can also help you find and apply for any grants, schemes or incentives currently on offer to help you maximise your property portfolio. This isn't just to First Home Owners, we can help you if you are looking for an investment property or a development project too.
Mortgage Broker vs Direct. Why use a mortgage broker?
One word...Value! We have access to over 65+ lenders with a total of hundreds of loan products and options available to us. This gives us the ability to top and tail a solution that fits your perfect needs.
Primarily, this results in a lower overall cost to you, especially as we always look to reduce your overall interest and all other fees associated with your loan. Combine that with the ability to do rate reviews and re-financing options and this translates into thousands of dollars in savings over the life of your loan.
The other huge benefit is the loan approval rate. Using a mortgage broker has a much higher approval rate than an individual going straight to the bank. As a comparison we have a 98% loan approval rate vs the industry average of 60% for bank loan approvals for individuals. This gives you better chances to get your perfect property and not miss out on it.
Finally, we provide the benefit of time! If you had to do this legwork yourself, it would take forever to contact and compare each lender's many loan products. Plus let's not mention the financial jargon you have to deal with. It's a bit like buying health insurance... can you really compare like for like? Not really!
The good news is, we can and we do - everyday for our customers so that they get the best loan that meets their exact needs.
Also the other thing is, banks aren't bound by Best Interest Duty obligations like mortgage brokers are. This means they will only offer you their products, whereas a mortgage broker has the legal obligation to recommend only the loan product that best fits your needs.
Do I have to pay to use your services?
Nope! We charge you ZERO fees.
Hmmm, don't worry we aren't working for free. All mortgage brokers are remunerated directly by the lenders via a commission that is paid when one of our clients takes out a loan with that lender.
Across all lenders the majority of the commission is very similar, that way we aren't swayed towards one lender or one product, but rather focus on YOUR needs to select the best deal for you!
On a side note, it is important to realise that some mortgage brokers do actually charge for their services, so be careful who you get into bed with (financially speaking of course). You can be assured that at Empowered Lending Group, we will never charge you.
How do I increase my borrowing capacity?
Good question! It's a popular one.
The simple answer is, decrease your overall debt exposure. You see there is a direct correlation between the current debt you have access to and the how much you can borrow. So by simply reducing that amount, you will end up being able to borrow more.
Some of the easiest ways to reduce your current debt levels are to lower your credit card limits, especially on credit cards that aren't maxed out. Even better, switch to debit cards and get rid of your credit cards.
Other things that you can do is pay off any car loans or personal loans that you may have. And if you can't afford to pay those off, that is ok too, we can look at consolidating all of those debts and rolling them into your into your new mortgage. Just one of the many tricks we have up our sleeves to help you achieve property success.
How much of a deposit do I need to purchase a home?
This is dependant on how much the purchase price of your property will be. At the risk of sounding obvious, the more the better (duh...you knew that).
Ideally you would want a deposit of 20% or more so that you can avoid Lender's Mortgage Insurance (LMI). For a lot of people, especially First Home Owners that is tough, we understand, so don't feel bad if that isn't something you can achieve. We can still help you!
The great news is, there are many lenders that only require a 5% deposit provided that you check a few boxes. In some cases you might be eligible to have your LMI waived too, with just a 5% deposit. Talk to us to find out if you qualify.
One thing to keep in mind is that there are other costs associated with buying a property on top of the purchase price. These need to be considered when working out your deposit percentage as they will all contribute to the total amount you may need to borrow.
Common examples of these extra costs are stamp duty, land transfer fees, mortgage registration fees and solicitors fees. It’s best to review these numbers with an expert, so if need help reach out and we can run the numbers with you.
What if I don't have enough of a deposit?
While we encourage you to save up as much as you can for your deposit, we completely understand that not everyone is in a position to save up enough required for an initial deposit.
The good news is, you're not completely stuck. There are other options such as government grants, schemes and incentives to help you get the deposit you might need. There are also other options too such as guarantors or equity from other assets you might own.
During our initial conversation, we can talk through all of the various options and work out what fits you best.
We don't live in Brisbane or Queensland, can you still help?
Yes we can!
While we our primarily mortgage broker focus is South-east Queensland and Brisbane regions, we are licensed to operate Australia wide.
And with today's modern technology, virtual meetings and remote verification of identity options, we have actually helped many interstate clients get their dream properties. We would love to get to know you and help you too. Please reach out so we can help!
How long the initial assessment take?
On the first time we meet!
We can get you the answers during our "chill chat" phase, just as soon as we have all of your initial details and a good understanding of your current financial situation and what you are looking to achieve.
Once we have those details, we'll run the numbers and provide you with an initial estimate before we conclude our first meeting.
A complete assessment usually takes us a few business days to complete once we have received all of the necessary paperwork and details. Don't worry it isn't daunting, and we will step you through everything we require to get going.
What is Lenders Mortgage Insurance (LMI) and do I need it?
Lenders Mortgage Insurance (LMI) is insurance that protects the lender if you can't pay your loan and your property sells for less than what you owe. Remember, LMI covers the lender, not you, even though you'll typically pay for it. You can't make a claim on LMI; only the lender can. LMI is different from mortgage protection insurance, which you can get to protect yourself if you can't make your loan payments.
LMI is only payable (by you) if you have a deposit of less than 20%. Even if you are in that situation, don't worry as LMI can be added to your loan, in other words it isn't something you necessarily need to pay out of pocket.
The good news is that LMI can also be waived if you work within certain professions or if you are a First Home Owner and meet certain eligibility criteria. To find out more, get in touch and we can walk you the details of LMI and if it applies in your situation.
Do I need a pre-approval and how long does it last?
If you are asking this question, then that means you know your stuff! We are impressed.
A fully assessed bank pre-approval typically lasts for 90 days. If you work with an experienced broker (we are one such broker) who thoroughly reviews your information and does the calculations right, you usually don't need to submit a pre-approval application to the lender. The broker’s estimate will be very accurate and won't impact your credit history.
We only suggest officially applying for pre-approval in specific situations, like if you're planning to bid at an auction or if your financial situation is complex and needs special attention from lenders. No need to stress though, we will let you know if this is something that applies to you and if so will help you through the whole process.