What Is Homepay?
Building a new home often means balancing rent, mortgage, or loan repayments during construction — but with Homepay, you don’t have to.
Homepay is a trusted, lender-backed finance option available exclusively through accredited builders like SJD Homes. It allows you to pause your out-of-pocket mortgage and land loan repayments for up to 12 months while your home is being built, giving you financial breathing room to focus on the exciting parts of the journey.
Ready to start building your dream home? With Homepay and SJD Homes, we’ll help make it happen sooner.
How Does It Work?
Explore SJD home designs and find the perfect fit for your lifestyle, budget, and future goals.
Just 8% for owner-occupiers or 10% for investors.
Pause your out-of-pocket mortgage and land loan repayments for up to 12 months while we build your home.
Your home is complete, without the squeeze of double mortgage or rent.
Instead of worrying about repayments, you can start planning the exciting parts of your journey, from picking your floorplan to styling your interiors.
Why More Australians Choose Homepay?
Building your dream home shouldn’t feel out of reach. That’s why Homepay is designed to make the process simpler, lighter, and more achievable, giving you flexibility where it matters most.
12 Months Repayment-Free
Focus on your new home, not the financial strain. Homepay pauses out-of-pocket repayments during construction so you can plan your move with confidence.
Borrow Up to 30% More
Compared to traditional loans, Homepay can boost your borrowing power, giving you access to the home design and inclusions you really want.
Low Deposits That Open Doors
With just 8% for owner-occupiers and 10% for investors, getting started is simpler and faster than you might expect.
House and Land Covered
Unlike many loan options, Homepay eases repayments on both house and land, helping you manage the full picture of your build.
Backed by Trust
Homepay is powered by a respected independent lender and only available through accredited builders like SJD Homes, so you know you’re in safe hands.
Who Benefits from Homepay
First Home Buyers
Start Your Dream Without the Squeeze
Buying your first home is exciting, but juggling rent and a new mortgage can be tough. With Homepay, you can avoid that overlap and focus on settling into your very first place with less financial stress.
Second Home Owner / Upgraders
Build Your Next Chapter Stress-Free
When upgrading, the biggest challenge is often managing two mortgages at once. Homepay takes that pressure off, giving you space to build your dream home while still enjoying life in your current one.
Investors
Smart Timing for Smart Investors
Smart investors know timing is everything. Homepay lets you line up repayments with your rental income, helping you protect cash flow and strengthen your long-term investment strategy.
Frequently Asked Questions
How is Homepay different from a standard construction loan in Australia?
With a standard construction loan, you start making repayments almost immediately on both land and build costs. Homepay lets you pause those out-of-pocket repayments for up to 12 months while your home is being built.
How does Homepay help me increase my borrowing capacity?
Traditional loans limit what you can borrow because repayments start straight away. With Homepay, repayments are deferred for up to 12 months, which means lenders can often extend your borrowing capacity by up to 30%.
What deposit do I need to get started with Homepay?
Homepay deposits start from just 8% for owner-occupiers and 10% for investors, making it easier to secure your home sooner.
Can I use Homepay with any SJD Homes single or double storey design?
Yes. Homepay is available across all SJD Homes designs, from single storey to double storey homes. This means you can choose the style and layout that suits your lifestyle and budget best.
Who provides the finance for Homepay with SJD Homes?
Homepay is powered by an independent, accredited lender who partners with trusted builders like SJD Homes, so your finance is managed by an experienced provider.
What happens if my home build takes longer than 12 months with Homepay?
If your build goes beyond the 12-month repayment-free period, your regular repayments will simply begin once the pause ends.
Can I use Homepay for house & land packages?
Yes. Under Homepay, out-of-pocket repayments on both the house and the land are paused for up to 12 months during construction, which is exactly how house-and-land packages are typically financed.
Is Homepay available for knockdown & rebuild projects?
Homepay functions like a standard construction loan with one key difference: repayments are paused during the build. Eligibility for Knockdown and rebuild depends on lender assessment (valuation, demolition and site works, loan structure) and SJD’s accreditation on your project.
Best next step: speak with an SJD Homes consultant to confirm whether your specific KDR is eligible under Homepay.
Is there a catch with Homepay or hidden costs I should know about?
There isn’t one, but while repayments are paused, interest still accrues on your loan. The benefit is that you won’t feel the financial strain during construction.
Ready to Build Your Dream Home?
Homepay is designed for everyone – first home buyers, upgraders, and investors alike.
It’s the simple way to build sooner without financial strain.
Ready to Learn More about Homepay?
Contact us today to download the Homepay brochure or chat to your SJD Homes Building Consultant for more information .
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