Think beyond the booking
An off-plan purchase unfolds over time. Bring the developer’s payment schedule, your available funds and the lender’s requirements into the picture before you commit.
Two conversations, kept together
Off-plan financing is specific to the lender, applicant and project. Some products consider eligible properties during construction; other proposals may be assessed nearer completion. Confirm the available route for your unit rather than relying on a general rule.
The milestone guide
Select a stage to see the questions worth putting on the table. This is a planning guide, not a project tracker or a financing decision.
Understand the purchase terms and the funds you need to contribute before treating future lender finance as part of your plan.
Discuss this stageThe actual sequence and release of funds depend on the lender’s product and offer conditions. Pre-approval is conditional and does not guarantee financing for a specific unit.
Keep the two tracks in view
They serve different purposes. Understand both before deciding how the purchase will be funded.
Sets out the amounts and dates or milestones due under your purchase agreement.
Determine whether financing is approved, what it covers and when funds may be released.
A developer payment plan does not confirm mortgage availability. A lender’s conditional decision does not change your purchase agreement.
Bring the details together
Ask which records are needed for your stage. Having the property and applicant information ready makes the first conversation more useful.
Prepare for pre-approvalDeveloper and project details, unit information and the sale and purchase agreement or available reservation records.
The agreed schedule, receipts and a current statement of the remaining payments.
Available project updates and completion or handover documents relevant to the lender’s request.
Identity, income, commitments and evidence of funds, as required for the application.
Look ahead to completion
Review the remaining purchase amount, lender conditions and any completion costs together. Ask what happens if the valuation, timetable or your circumstances change.
Still choosing the project?
Explore projects with your priorities and financing questions in view. A launch announcement or payment plan should be the beginning of a closer review.
Before you move forward
Some lenders have products for eligible off-plan properties during construction. Availability, project requirements and release conditions are product-specific. Confirm the route for your unit rather than assuming finance is available at a particular completion percentage.
No. It is the payment arrangement under your purchase agreement. A mortgage or financing facility is a separate lender agreement with its own assessment and conditions.
No. The lender still needs to accept the property and complete the relevant checks. Read the pre-approval conditions, validity and final offer requirements carefully.
That depends on the purchase schedule, the lender’s approved scope and your circumstances. Include transaction and completion costs in your plan. Ask for a written breakdown rather than relying on a general deposit percentage.
Ask the developer and lender how a change in timing affects your purchase and financing arrangements. Documents or conditional approvals may need updating. Do not assume the original funding timetable remains unchanged.
Yes. Bring the agreement, payment schedule, receipts and current project information to the conversation. The lender will confirm whether an appropriate product can be considered for your circumstances and unit.
Prepare for the next milestone
Tell us about the project and where you are in the purchase. We’ll help you put the financing questions in order.
