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 Belmore
WAWissam Azzi
Mortgage Broker
0416 012 969
PSPatrick Sindas
Mortgage Broker
0412 234 573
TLTina Liu
Mortgage Broker
0431 033 699
SDStephanie Daoud
Mortgage Broker
0424 199 169
JFJoseph Farah
Calibre Lending Pty Ltd
0405 536 596
TDTiffany Duong
Mortgage Broker
0410 765 889
MDMichael Dawoud
Mortgage Broker
0413 033 700
MDMaroun Dib
Mortgage Broker
0448 088 948
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.