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 Carindale
JGJoe Garcia
Dinero Financial Services Pty Ltd
0438 556 601
NSNagy Sokar
Mortgage Broker
0432 402 107
JGJason Garcia
Mortgage Broker
0433 599 990
GBGlen Byrne
Trio Finance and Leasing Pty Ltd
0433 449 934
LCLuke Christie
Mortgage Broker
0468 524 240
BYBenny Yu
Mortgage Broker
0455 021 551
GPGeorge Prinsloo
GDP WEALTH
0403 765 388
ADAlfie Di Bella
Finance Broker
0407 642 382
DSDiana Stejskal
Mortgage Broker
0468 626 543
TCTaya Christie
Mortgage Broker
0402 100 958
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.