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 Greenvale
EAEvan Aslan
Mortgage Broker
0421 891 981
MPMichael Pupillo
Credit Choice Australia Pty Ltd
0423 522 724
PMPhilip Mathew
Mortgage Broker
0410 612 287
JTJosh Tuohey
Mortgage Broker
0493 579 057
AYAbhinav Yella
Yella Finance
0499 565 648
EAEd Akgun
Mortgage Broker
0413 601 033
JAJohn Akkary
Mortgage Broker
0478 593 500
EMElias Mathew
DREAMHOMES FINANCE PTY LTD
0448 654 229
CSCihan Sahin
Mortgage Broker
0422 625 927
KGKatherine Gonzalez
Mortgage Broker
0410 512 426
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.