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 Hurstville
Becky Gu
Guide Financial Services Pty Ltd
0416 198 386
LYLisa Yang Yang
Gardenia Financial Group Pty Ltd
0425 110 539
GJGenevieve Johns
Mortgage Broker
0432 359 278
ATAndi Tjung
Mortgage Broker
0421 836 481
JKJane Kuang
Mortgage Broker
0421 996 707
DCDomenico Caria
Mortgage Broker
0405 352 218
YLYing Liang
Mortgage Broker
0416 179 790
LCLing Chan
Lee Xiang Pty Ltd
0416 357 361
CYCharlie Yang
Mortgage Broker
0414 675 798
GGGabriel Garcia Garcia Isola
Mortgage Broker
0412 687 167
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.