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 St Ives
YWYang Wang
Mortgage Broker
0433 512 316
AYAlvin Ye
Mortgage Broker
0430 588 848
RDRenke Deng
Mortgage Broker
0492 233 999
Dawson Liu
Mortgage Broker
0433 436 888
JSJassie Singh
Mortgage Broker
0400 288 799
SKSiqi Kramer
Xin Mortgage
0410 683 686
JCJessie Chen
Mortgage Broker
0432 186 657
SLStephen Lewis
Sarmatt Pty Ltd
0412 744 173
PRPaul Rabie
Rabie Finance Pty Limited
0411 511 008
JWJohn Wu
New Continental Mortgage Pty Ltd
0410 800 656
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.