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 Burleigh Heads
KMKatrina McGrath
Mortgage Broker
0458 601 004
JDJamie Demas
Mortgage Broker
0411 498 741
COColin O’Loughlin
Mortgage Broker
0499 303 472
JVJames van Berkel
Mortgage Broker
0456 999 395
KGKylie Grove
Aussie Burleigh Heads
0411 225 504
CKCharles Kilby
Mortgage Broker
0412 401 664
MDMarni Dening
Marlo Fin
0448 002 265
JAJason Andrews
Andrews Finance
0488 825 363
HOHolly O’Loughlin
Mortgage Broker
0458 211 122
RARui Azevedo
Crestcapital (QLD)
0402 516 092
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.