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 Avondale Heights
TBTahir Bise
Loan Link Pty Ltd
0410 615 255
LSLaze Spasevski
Australian Loans Group
0457 557 706
LMLawrence Mazzoli
BLACKSMITH MORTGAGE BROKING PTY LTD
0431 981 213
LTLuke Taliana
Mortgage Broker
0414 535 812
LDLorance Daniel
Mortgage Broker
0419 228 862
Abdullah Rubel
Mortgage Broker
0433 199 363
DFDomenic Ferraro
Mortgage Broker
0413 757 592
AEAndrew Edmonds
Mortgage Broker
0419 838 081
DSDrazen Serdar
Mortgage Broker
0411 599 990
TTTheo Tsiolis
Mortgage Broker
0456 885 997
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.