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 Pyrmont
JHJason Hayden
Blue Zinc Pty Ltd
0412 327 677
GHGabreal Halvagi
H & H Financial Services Pty Ltd
0415 231 085
LSLEXON Shi
Mortgage Broker
0410 922 110
AGAmrita Goel
Mortgage Broker
0434 569 991
RTRaymond Teh
Mortgage Broker
0422 800 933
Peter Kennedy
Sky Blue Finance Pty Ltd
0414 602 491
XPXavier Power
Velox Capital
0455 204 079
PVPaul Vernon
Vespa Home Loans
0408 411 908
KAkristy Alam
FinSecure Finance
0415 950 420
JTJoy Tan
Hawk Eye Finance
0433 118 801
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.