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 Moorebank
CSCamilia Stelmaszak
TOP PRIORITY FINANCE
0411 724 993
KTKim Trang Dao
Mortgage Broker
0451 811 138
ABAli Barakat
Mortgage Broker
0487 871 168
CKCharlotte Khoury
Mortgage Broker
0497 770 600
TSTed Stelmaszak
Mortgage Broker
0414 724 993
MZMehdi Zoghbi
Masari Financial
0428 114 324
GDGemma de la Hoyde
Successful Financial Solutions
0402 602 071
SBSam Boctor
S-SQUARED FINANCIAL SOLUTIONS PTY LTD
0405 416 966
MPMat Punwani
Mortgage Broker
0410 654 624
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.