CLIC MONEY / LEARNING CENTRE
From progress payments to completion.
A practical checklist for the conversation before you build.
Before signing.
Confirm the land and build budget, own-funds contribution, contract assumptions and required contingency. Loan assessment and legal contract review have different purposes.
During the build.
Understand each drawdown, inspection requirement and the cash needed while the amount drawn increases. Record variations and discuss funding implications early.
At completion.
Confirm lender conditions, completion documentation and any proposed post-construction funding. A future refinance should not be assumed approved.
For official consumer guidance, visit ASIC Moneysmart: using a mortgage broker ↗.