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 Sans Souci
CCChris Charalambous
Andrews Partners Finance
0403 635 553
CCChris Charalambous
EMCE Partners
0403 635 553
NPNicholas Poljak
Mortgage Broker
0431 144 965
CCChris Charalambous
c2loans
0403 635 553
PGParis Georgiades
Mortgage Broker
0412 330 452
PPPeter Peters
ADA Home Loans Pty Ltd
0438 262 466
JKJo Kavouras
VION Finance
0400 494 749
MOMo Oubani
1932 Financial Services Pty Ltd
0448 354 894
BRBina Ring
Mortgage Broker
0403 699 136
NCNeha Chib
Mortgage Broker
0431 606 924
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.