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 Oran Park
MLMathew Lotfi
Mortgage Broker
0450 903 065
RSRuby Sekhon
Mortgage Broker
0493 147 117
DADragana Andric
Beluga Finance
0415 543 506
MNMayank Nangia
Mortgage Broker
0420 532 901
HBHamish Blanch
Mortgage Broker
0435 732 057
AVAnitha Varghese
Mortgage Broker
0433 919 834
PSPhil Stewart
Mortgage Broker
0405 917 075
NFNicole Fox
Fox & Co Finance
0435 533 110
EWErin Williams
Mortgage Broker
0421 555 840
CFCameron Finlayson
Rion Capital Investments Pty Ltd TA Rion Capital
0421 498 878
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.