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 Earlwood
JKJim Kiaris
Mortgage Broker
0417 675 898
WWWilson Wong
Mortgage Broker
0422 220 321
YDYiannis Dimopoulos
Mortgage Broker
0421 311 149
PRPaul Richardson
Mortgage Broker
0412 387 389
SSStan Seraskeris
Mortgage Broker
0416 290 267
OBOlivia Blagojevic
Simply Smart Solutions Pty Ltd
0452 200 086
RGRob Gianesi
Mortgage Broker
0435 806 035
ETEric Thuyet
Mortgage Broker
0433 845 678
IGIrene Gavriel
Mortgage Navigators
0412 277 400
GMGeorge Massouridis
Mortgage Navigators
0412 186 168
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.