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 Gladesville
WGWeijun Gao
Mortgage Broker
0493 490 022
MZMaria Zappia
Mortgage Choice Gladesville
0401 158 307
LALea Abdo
Mortgage Broker
0416 508 598
ACAileen Chen
Landmark Australia Group Pty Ltd
0419 883 238
SMScott Margetson
Mortgage Broker
0434 115 117
PWPaul Walling
Mortgage Broker
0425 269 480
TRTariq Ressas
Teda Co Pty Ltd atf Teda Family Trust
0426 411 133
ACAileen Chen
Australia Selective Home Loans Pty Ltd
0419 883 238
BSBuddy Sahyoun
Saycorp Holdings Pty Ltd
0416 133 252
JCjae Choi
Olive road Financial
0404 856 258
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.