Loan for the acquisition of land – to acquire land for the construction of your new house. 2. Home construction loan – a financing for the building of a new house. 3. Home loan balance transfer – to transfer the remaining amount of your old house loan to a new lender at a reduced interest rate. 4. A top-up loan – a loan that may be used to make improvements to an existing property or to purchase the most up-to-date furnishings for a new home.