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 Castle Hill
JWJack Wei
Financial Genius
0408 288 149
DLDanny Luu
Pagoda Finance
0414 717 398
GWGeorge Wang
Mortgage Broker
0481 726 592
JJJared Jacobs
Mortgage Broker
0403 277 588
VWVicky Wei
Mortgage Broker
0431 896 409
ARAnuj Rajput
AR RM Holdco 1 Pty Ltd
0431 243 885
LXLucy Xia
Mortgage Broker
0426 607 803
GRGurjot Rai
Mortgage Broker
0478 501 086
ASAlbert Saade
Velox Capital
0423 925 327
MMMirant Makadia
Mortgage Broker
0434 825 011
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.