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 Concord
YMYali Meng
Mortgage Broker
0451 388 473
APAlexia Pettenon
Mortgage Broker
0438 631 353
AKAlex Kardasis
Mortgage Broker
0417 500 400
IZIrene Zouroudis
Mortgage Broker
0419 292 773
SPSuze Pirreca
Aurahive Finance
0410 825 229
JTJohn Tsiklieris
Thania Pty Ltd
0405 220 450
NMNatalie Markovic
Mortgage Broker
0402 524 326
FOFred Obeido
Proforma Financial Solutions
0416 171 902
DRDamien Rao
Kristina Rao Enterprises Pty Limited
0433 033 311
ABAshley Bieser
Mortgage choice
0424 244 620
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.