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 Bexley
DSDanny Salevski
Mortgage Broker
0282 124 767
STStam Trypis
Mortgage Broker
0477 444 730
PSPaul Sallesi
Genesis Lending
0477 791 010
SGSteve Gregoire
Mortgage Broker
0411 184 884
BFBill Fahs
Mortgage Broker
0406 999 090
TTTania Trninic
Mortgage Broker
0407 342 561
JMJohn Matthews
iFinance Australia
0402 094 095
SSShrijan Shrestha
Mortgage Broker
0466 656 228
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.