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 Peregian Springs
PSPatrick Singh
Mortgage Broker
0433 845 847
TATim Allen
Commercial Real Estate Finance Pty Ltd
0422 043 443
CHChloe Hobelt
Mortgage Broker
0403 577 178
SAScott Armitage
RCE Finance Group Pty Ltd
0411 015 427
CBClay Bremer
Mortgage Broker
0414 619 315
DTDimitri Taylor
Mortgage Broker
0401 924 186
EAElie Assi
Mortgage Broker
0402 164 651
ESEmma Stephens
Flint
0400 576 605
RBRebecca Burke
Mortgage Broker
0754 462 480
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.