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 Roseville
BLBeier Li
Lifestyle Broking Services Pty Ltd
0426 624 988
SLSteven Li
Mortgage Broker
0416 803 038
SJSunday Jiang
Blue Ocean Money Pty Ltd
0450 753 808
APAdrian Pate
Mortgage Broker
0414 564 596
ACAnny Chen
Avant Finance
0421 518 003
FWFaye Wang
Mortgage Broker
0499 795 888
TYTongyu Yang
Mortgage Broker
0415 166 886
BWBonnie Wu
Mortgage Broker
0415 153 019
RPRick Peng
Mortgage Broker
0438 058 099
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.