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 Malvern East
KHKrissy Huxley
TGL Consulting Services Pty Ltd
0419 130 602
NSNigel Stanford
Mortgage Broker
0425 755 134
KSKathryn Stephens
Mortgage Broker
0424 676 622
JOJason O’Shaughnessy
Mortgage Broker
0432 359 973
CRCraig Rahilly
Mortgage Broker
0407 800 651
CSChris Semetas
Eastbourne Capital Pty Ltd
0438 010 082
SMStephen Merenda
Capital 4 Finance Group Pty Ltd
0418 176 189
ESEmily Spinks
Mortgage Broker
0410 664 494
BWBill Wang
Oriental Group Pty Ltd
0413 703 882
MYMark Yeo
Mortgage Broker
0408 869 182
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.