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 Yeronga
DHDavid Harry
Mortgage Broker
0416 199 254
SMSonnee Myers
Mortgage Broker
0407 787 583
ABAnthony Bryant
Pivotal Financial Solutions
0457 513 094
JDJared Dawson
Mortgage Broker
0466 564 035
NBNickolas Becka
Mortgage Broker
0413 153 052
JMJulie Moss
CONNECTIVE
0480 504 325
CSChris Schofield
Osk Broking Pty Ltd
0435 772 603
JSJacquelyn Schofield
Mortgage Broker
0733 583 358
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.