Building a home requires specialized financing with progress payments and different structures to standard home loans. Construction loan specialists understand builder contracts, progress draw schedules, and council requirements.
Why Use a Construction Loans Specialist?
- Progress payment draw-down structures
- Land and construction package finance
- Knock-down rebuild loan expertise
- Owner-builder loan options
- Fixed price contract requirements
Construction Loans Brokers in Alexandria
AGAda Gao
Mortgage Broker
LKLoni Karabesinis
Mortgage Broker
0403 355 224
SEShaun Ellis
Complete Property Solutions Pty Ltd
0419 291 073
DPDean Papas
Mortgage Broker
0475 444 111
ACAnthony Clarke
Mortgage Broker
0404 242 333
WCWilliam Constantinidis
Mortgage Broker
0402 229 994
GAGokee Arora
BumbeBee Finance Pty Ltd
0424 952 673
NINerida Iverach
Lendwise Financial Group
0491 919 195
BJBenita James
Mortgage Broker
0451 961 042
PTPearl Tran Tran
PK 88 Pty Ltd Trading As Lending Hub Co.
0431 014 861
Frequently Asked Questions
How do construction loan repayments work?
During construction, you typically only pay interest on funds drawn. Once complete, the loan converts to a standard principal and interest home loan.
What deposit do I need for a construction loan?
Most lenders require 20% of the total cost (land + build). Some allow less with LMI. You'll also need funds for council fees and other costs.
Can I get a construction loan for an owner-builder project?
Yes, but options are more limited. Lenders typically require higher deposits and may have stricter requirements for owner-builders.