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 Campsie
WLWeijun Li
Mortgage Broker
0451 688 881
LALani Ati Tan
Mortgage Broker
0425 968 989
AGAlex Gomes
Mortgage Broker
0412 453 207
WJWen Jun Chen
Mortgage Broker
0450 899 993
CSCharles Shomar Shomar
CS Financial Pty Ltd
0414 086 993
Kevin Jin
Mortgage Broker
0433 359 979
BLBob Le
Mortgage Broker
0449 764 676
DHDaniel Ho
Unloq Loans Pty Ltd
0449 950 121
GKGeorge Khoury
Mortgage Broker
0452 467 525
ANAnto Nugraha
Mortgage Broker
0433 532 071
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.