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 Frenchs Forest
DBDavid Beat
Bower Finance
0408 601 145
JWJulie Wang
Olive Consulting Pty Ltd trading as Loan Market
0409 115 446
AKAdam Khoury
Mortgage Broker
0401 285 287
JSJohn Stewart
UChoose Home Loans Pty Ltd
0488 504 999
AOAsh Osborne
Mortgage Broker
0410 310 716
RLRomy Lehmann
Mortgage Broker
0416 081 570
CHCullen Haynes
Mortgage Broker
0401 039 842
GMGreg Muoio
Mortgage Broker
0403 387 309
VAVatche Azalian
Mortgage Broker
0420 514 446
SBStuart Butler
Mortgage Broker
0404 494 999
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.