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 Roselands
SCStephen Calleja
Mortgage Broker
0409 306 223
CGChristian Grima
Mortgage Broker
0431 431 370
KJKhorshid Jahan
Better Choice Mortgage Pty Ltd
0473 453 309
YJYoung Jin Phen
Essen Holdings Pty ltd
0404 884 662
RHRajibul Hassan
Mortgage Broker
0432 634 648
Katherine Silva
Elevate Financial Advisors Pty Ltd
0426 720 678
JSJohn Savas
SmartEdge Lending
0422 708 281
ATAnish Trehan
Mortgage Broker
0422 722 133
CMCameron Matthews
Mortgage Broker
0448 058 672
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.