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 Artarmon
JSJude Sta Maria
Mortgage Broker
0479 033 808
ZJZhu Jun Wang
MS FINANCE GROUP PTY LTD
0411 198 028
LDLinda Ding
Mortgage Broker
0424 274 345
XHXiaoxia Huang
Mortgage Broker
0451 793 553
ALAlexander Lo
E3 Finance
0415 967 968
DTDavid Truong
Mortgage Broker
0415 788 778
LLLivia Lin
Flexpath Lending Pty Ltd
0426 968 305
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.