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 Dulwich Hill
MMManoj Miranda
Mortgage Broker
0475 085 964
PKPeter Khoury
Mortgage Broker
0413 545 551
SPShane Pollard
Mortgage Broker
0401 016 122
HDHassib Darwish
Axis Finance Group Pty Ltd
0401 048 200
Michael Kypreos
Sydney Accounting Services Pty Ltd
0417 140 670
KZKieran Zarris
Mortgage Broker
0424 055 171
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.