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 Riverstone
RPRohan Patel
Mortgage Broker
0433 977 433
RARanjeev Arora
Mortgage Broker
0425 266 210
TLTaraz Lalehzari
General Lending Pty Limited
0410 910 232
JQJanice Qiu
Mortgage Broker
0403 306 933
CCChew Chew
REA Group - Mortgage Choice Pty Ltd
0484 338 248
BGBT Gudodgi
Moneyball Finance Pty Ltd
0479 093 771
SESam Elvitigala
Mortgage Broker
0451 316 767
SMSam Manoharan
Bell Captain Pty Ltd
0412 184 058
SASahana Anand
Mortgage Broker
0404 005 408
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.