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 Kew
THTony Hamann
Mortgage Broker
0498 355 181
HTHaris Tjioe
Mortgage Broker
0430 882 927
HLHenry Lu
Mortgage Broker
0402 541 458
MNMelinda Nash
IntegriLend Loan Solutions
0410 502 337
LSLachlan Short
Mortgage Broker
0404 671 612
JEJocelyn Elliott
Associated Mortgage Group
0402 356 331
FGFelita Grubert
Mortgage Broker
0402 743 326
ASAlana Siebel
My Finance Matters
0432 805 787
BOBenjamin O’Neill
Mortgage Broker
0412 015 200
PSPatrick Short
Mortgage Broker
0402 971 002
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.