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 Zetland
PWPeter Welsh
Mortgage Broker
0419 631 081
EZEden Zhang
Triangle Financial
0426 287 557
ILIris Liu
Mortgage Broker
0424 888 911
AVAndrew Vatovec
Mortgage Broker
0408 775 392
SGSally Gong
Mortgage Broker
0466 809 027
JZJenna Zhu
Zodiac Finance Pty Ltd
0405 222 519
BPBella Pan
Mortgage Broker
0413 909 770
JCJames Chen
Mortgage Broker
0431 363 681
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.