Hi everyone, I am looking at getting a construction loan -fixed price contract - through ANZ perhaps. If the house has no frames as in it is made of designer besserblock corefilled and reinforced, what would be a acceptable progress payment structure to the bank? Normally there is 5% deposit, 10% slab, 15% frames etc. What would go in this case as there is no frames? Can one use 5% deposit, 15% slab, 15% brick/blockup, 15% roof, 10% fully enclosed, 25% fixing and the last 15% on practical completion? I am trying at the moment to negotiate a contract with my builder and am not too sure how to go about it as the house has no frames. The land loan sits at just below 80% LVR, last val was done in May. Construction will be at 80 or just below 80% LVR as well with the remaining funds being provided by myself. The 20k FHOG will act as a buffer of sorts... What about NAB? Have they lifted their lending restrictions to 80%LVR from 70% LVR to post code 4211? Thank you all in advace if you can help.