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 Green Valley
MAMercia Acosta
Mortgage Broker
0414 745 901
MRMark Rice
Quay Lending
0411 591 127
ACAnh Cheng
Mortgage Broker
0402 081 980
ASAnthony Sunay
Sunay Finance Pty Ltd
0401 682 867
ABAlex Boonruangtarvorn
Mortgage Broker
0411 575 996
KSKulsoom Safdar Safdar
SZS ASSOCIATES PTY LTD
0490 001 894
CTCassandra Thong
Mortgage Broker
0401 729 366
ENEdward Nissan
Mortgage Broker
0450 808 906
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.