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 Bli Bli
SHShane Haines
Mortgage Broker
0409 898 744
NPNatalie Pate
Mortgage Broker
0421 255 508
JFJason Felsch
Mortgage Broker
0423 833 323
SBSimon Bailey
Moving Forward Finance
0413 589 336
JMJulian Minniti
Mortgage Broker
0408 709 210
JFJoel Fitzgerald
Mortgage Broker
0438 194 694
CMCandido Minniti
Capricorn Financial Services
0402 840 946
KHKim Hart
Astute Bli Bli
0422 066 339
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.