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 Emu Plains
TTTyron Tanti
Mortgage Broker
0419 195 617
MPMatthew Pounsberry
Sydney Loans and Financial Solutions Pty Ltd
0402 566 788
AFAshley Fisher
Mortgage Broker
0421 451 859
SKSajin Kizhakkan Veetil
Mortgage Broker
0450 473 474
JKJack Kiryo
Australian Home Loan Pty Ltd
0426 725 001
KPKate Price
Pricewise Lending
0403 266 694
RWRebekah Wright
Mortgage Broker
0411 207 318
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.