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 Epping
TMThayalan Mather
Mortgage Broker
0404 038 796
KRKarna Rana
Mortgage Broker
0459 338 325
LDLawrence Doumtsis
Finance Broking Services
0412 246 015
PKPurnaka Kumarasena
Stallion Guard Financial Services Pty Ltd
0400 836 760
Bryce Hoffman
BK Finance Pty Ltd
0438 045 929
JLJoanne Lay
Mortgage Broker
0421 551 377
CDChris Davar
Meet Finance and Homes
0422 472 963
OHOscar Hvala
Mortgage Broker
0423 258 446
RMRaj Madan
Mortgage Broker
0430 411 406
DGDarren Grech
Mortgage Broker
0421 772 527
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.