Turnkey New Build Finance
Secured Without Stress.
A family seeking a construction loan in Christchurch navigated the complexities of progress payments and turnkey builds with Finch's expert guidance.
The problem.
Building a new home requires specialised construction finance. Mark and Lisa had a 10% deposit and wanted to build in a new subdivision in Christchurch.
However, they were completely confused by the difference between progress payment loans and turnkey contracts, and they were worried about paying a mortgage and rent simultaneously during the build.
How we solved it.
The result.
The clients avoided paying double housing costs (rent + mortgage) during the 9-month build process.
The construction loan settled smoothly upon completion, and they moved into their brand-new home with zero unexpected financial surprises.
"Getting a new build construction loan was daunting, but Finch made the progress payments and turnkey structure completely transparent. We couldn't have built our dream home without them."— Mark & Lisa Thompson, Christchurch, New Build Buyers
In a similar situation?
A bank rejection doesn't mean the end. Finch has access to 20+ lenders — including specialists who can help when major banks can't. Book a free, no-obligation consultation.