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 Kellyville
LCLaurence Chen
Mortgage Broker
0411 823 848
LBLee Bacon
Mortgage Broker
0472 837 994
JMJanine May
Mortgage Broker
0401 486 485
ASAaron Sim
Mortgage Broker
0423 055 910
RBRebecca Bai
Mortgage Broker
0425 730 090
ACAsh Chen
Mortgage Broker
0425 271 218
AMAlex Magri
Mortgage Broker
0411 454 338
LMLaura Mayes
Mortgage Broker
0433 657 572
DCDaniel Chapman
Elite Home Loans
0433 173 417
MLMichael Lo Sapio
Mortgage Broker
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.