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 Revesby
JEJohn Elazar
Limitless Financing Solutions Pty Ltd
0447 555 822
GSGanga Sharma Bhattarai
GD Smart Finance Pty Ltd
0431 738 883
GMGitika Merani
Mortgage Broker
0431 551 799
JEJacques El Chami
Finance Options Pty Ltd
0432 453 440
PMPeter Magoulias
Initial Finance Group
0413 033 998
VWVicky Wang Wang
Mortgage Broker
0430 593 988
PCPeter Cazzulino
Mortgage Broker
0433 100 443
KUKen Ung
Surestart Finance
0401 523 939
AKAnthony Kazzi
BROKER LENDING SOLUTIONS PTY LTD
0477 723 880
SCSam Cayetuna
Mortgage Broker
0405 597 672
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.