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 Sutherland
PJPeter Johnson
Mortgage Broker
0407 785 749
DGDiane Gal
PJOX Industries Pty Ltd
0409 787 086
JPJustin Purvis
Mortgage Broker
0406 429 132
DLDavid Layhe
Mortgage Broker
0431 233 537
TBTim Barrett
Mortgage Broker
0411 100 555
CWColin Ward
Tempus Wealth group
0402 021 312
JWJenny Wang
Mortgage Broker
0466 650 515
RWRyan Walker
Mortgage Broker
0449 231 238
LPLindsay Poppett
Mortgage Broker
0406 623 420
RNRade Naumoski
Aussie Sutherland
0427 784 972
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.