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 Leppington
HTHiep Tran
FINVEST SOLUTIONS PTY LTD
0459 774 977
FYFadi Youssef
Power Loans
0405 315 443
HAHassi Anwar
Mortgage Broker
0402 002 521
JIJohnny Ing
Your Home Loan Guide Pty Ltd
0431 564 295
BPBishnu Paudel Upadhayay
Zenith Quick finance
0413 603 915
SGSandy Ghojage
GOODWILL FINANCIAL SERVICES PTY LTD
0403 040 254
DSDulani Samarakoon
Lendreach Finncial services
0474 847 357
ACAllen Chan
Mortgage Broker
0452 074 882
BKBikas Kandel
Danphe Finance
0403 587 786
JAJohn Aishou
Archer Finance
0401 536 539
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.