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 St Clair
RARezk Ataalla
R Ataalla Financial Services
0416 287 295
SASimon Antoun
Focal Finance Pty Ltd
0406 933 268
AAAndrew Ataalla
Mortgage Broker
0415 099 972
IRIan Richardson
ICR Financial Services Pty Ltd
0417 210 110
NHNicholas Hakim
Skyline Brokers
0434 125 722
MBMaria Brown
Mortgage Broker
0423 929 334
SSSameer Shrestha
Calzoy Pty Ltd
0431 437 688
TGTim Gu
Mortgage Broker
0478 725 287
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.