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 Rozelle
VBVanessa Bell
Bell Financial Pty Limited
0401 730 577
ALAndy Levstek
Mortgage Broker
0413 942 668
JBJoyce Baillie
Attrib Solutions Pty Ltd
0424 600 793
ATAshley Tilston
Mortgage Broker
0402 608 626
AAAdrian Ashkar
Mortgage Broker
0415 590 907
MSMark Stariha
Mortgage Broker
0404 464 727
CHCarl Hauschild
Select Portfolio Finance
0412 039 041
ECEvan Christie
Cape Finance Group Pty Ltd
0417 677 186
AGAlex Gomez
Mortgage choice
0488 092 554
JBJoshua Behn
Avant Finance
0488 765 534
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.