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 Greenwich
SWSam Wanny
Swanny Investments Pty Ltd
0414 906 487
MBMinh Beaver
Mortgage Broker
0412 591 428
NKNima Kermani
Mortgage Broker
0470 215 410
DJDavid Johnson
Home Loan Partners
0412 218 568
CBCorey Beaver
Mortgage Broker
0438 220 048
JHJames Hunt
Insitu Finance
0406 064 606
EBEden Barker
MPM Financial Solutions
0421 624 042
AWAndrew Weight
Mortgage Broker
0422 128 501
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.