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 Caringbah South
DQDavid Querzoli
DQ Loans Pty Ltd
TBToby Boswell
Mortgage Broker
0403 947 312
HSHio San Chan
Mortgage Broker
0433 685 657
MDMaria De Sousa
LENDX PTY LTD
0434 384 631
DSDavid Sheppard
Home Straight Financial Services
0434 604 967
JPJack Phillips
Mortgage Broker
0412 402 757
JDJim Demetriou
Mortgage Broker
0437 330 858
JGJames Guilfoyle
Mortgage Broker
0410 962 563
JFJohn Fisher
Fisher Robertson Pty Ltd
0418 954 572
NRNatalie Ross
Mortgage Broker
0410 651 409
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.