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 Greenacre
GBGeorge Boustani
Mortgage Broker
0405 400 500
VAvince Agostino
Rapidloans4u PTY LTD
0411 777 947
RVRay Veleski
Housing Finance of Australia Pty Ltd
0418 473 891
MMMichael Maiorano
Mortgage Broker
0427 628 079
Youssef Ghosn
Mortgage Broker
0499 333 000
CACharbel Azzi
Simplicity Loans and Advisory
0452 490 974
CNCharbel Nakhle
57TH STREET FINANCE PTY LTD
0450 195 195
MTMoe Tayyub
Mortgage Broker
0431 584 540
JZJawad Zahr
New Finance
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.