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 Blakehurst
Karen Haylings
All Money Mortgages P/L
0400 595 009
PMPeter Marcos
Mortgage Broker
0413 263 844
SWSean Willett
Mortgage Broker
0437 149 326
LSLisha Shi
Mortgage Broker
0414 846 952
IQIrma Quinzon
Mortgage Broker
0457 360 479
MZMahmoud Zahr
iam finance
0415 556 619
NZNick Zouroudis
Multisource Mortgage Market Pty Ltd
0416 106 514
NSNunzio Stasolla
Mortgage Broker
0451 515 402
PZPeter Zhou
Mortgage Broker
0414 242 176
BNBevis Ng
Mortgage Broker
0410 292 009
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.