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 North Kellyville
GCGeoffrey Chan
Mortgage Broker
0402 996 228
AJAna Judd
Mortgage Broker
0412 024 326
RDRushanth David
Mortgage Broker
0411 065 267
AGAjay Gupta
Mortgage Broker
0490 030 946
JPJignesh Parmar
Bricks Finance Services Pty Ltd
0412 349 296
DHDavid Hodgkinson
Mortgage Broker
0405 336 189
MAMohsin Ali
Mortgage Broker
0448 007 723
AKAlex Kim
Akadour Pty Ltd
0410 642 770
ADAbhi Dube
Mortgage Broker
0423 508 870
CWChenwei Wang
Mortgage Broker
0425 284 776
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.