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 Robina
DNDarryl Neave
Pacific Finance & Leasing
0448 531 400
SCStephen Cook
Mortgage Broker
0413 054 030
SRSamantha Richardson
Mortgage Broker
0414 642 342
TMTroy Marchmont
Mortgage Broker
0433 118 217
KHKaren Howard
Mortgage Broker
0410 464 342
STShane Thompson
Tynans Finance
0406 674 033
KKKirsten Keft
Nestworth
0422 419 051
MJMariangela Jones
Mortgage Broker
0428 100 219
PDPeter Dixon
Mortgage Broker
0412 736 684
DMDavid McKnight
Mortgage Broker
0418 751 989
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.