Building Loans

What’s your next step?

We’re here to guide you based on your specific needs.

How building loans make dreams come true

We're here to get you the best possible Building Loan for you. We do this by applying to SA's major banks for you (including your own bank), and negotiating with them to ensure you get the most competitive interest rate and the highest loan value.

1 Million +

BetterBond is putting our money where our mouth is


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of clients who pre-approve with us, get a bond


The difference between home loans and building loans

A building loan is used to build a new home on vacant land or to renovate an existing property. It is paid out in a series of progress payments that are released by the bank at various stages of construction. A home loan is paid out as a single sum and typically runs over a longer period than a building loan.

How building loans are paid out

A building Loan is paid out as construction progresses – usually in four progress payments – rather than in a lump sum. You trigger the release of funds each time by completing a payment progress form and submitting it to the bank. The bank will send a valuer to inspect the building work. If sufficient progress has been made to justify the amount requested, the funds will be released to the builder. If you have put down a deposit, this will be used first, before progress payments are released.

More information about building loans

Time to get your building loan

What our customers say

Albert V

I applied for a building loan with Wena Coetzee and Odette Martin of BetterBond Nelspruit. I received service beyond expectation. I can recommend BetterBond to anyone who is considering asking for a loan to make the biggest investment of your life.

Carla K

Thank you Sandra Jarvis and BetterBond for such excellent service! For helping us as first-time homeowners to get our building loan. We are thrilled at our new start and so happy we can take these steps with you by our side! We highly recommend you to anyone. Thanks again! You guys are the best.


I was told there was no hope of getting a 100% building loan. I called Carlise van Loggerenberg at BetterBond, I supplied all the documents and within 5 days I was granted a 100% loan by 2 banks! She did it the first time and has done it again. Big ups!

Any questions?

Any questions?

Find answers to all your questions around buying a property, affordability and more.

Contact us on 0800 007 111

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