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 Greystanes
RERamza Elias
Mortgage Broker
0407 322 552
JRJohn Rizkallah
Mortgage Broker
0449 747 091
GCGurwinder Cheema
Mortgage Broker
0411 858 689
EFEdwin Forouzandeh
Mortgage Broker
0406 472 186
LSLisa Sly
Mortgage Broker
0402 009 370
BGBen Gebran
Sumplus Pty Ltd
0417 260 868
BSBrian Seymour
Fantastic Capital
0419 542 430
CDClayton Doueihi
Mortgage Broker
0416 008 579
RPRakesh Prasad
Home Wealth Creation Pty Ltd T/A Home Loan Haven
0414 774 297
YFYianni Fragogiannis
Mortgage Broker
0437 133 355
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.