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 The Ponds
PPParichit Pandey
Mastermind Financial Services
0403 225 783
STStuart Turner
Mortgage Broker
0449 903 291
IKIrfan Kureshi
Infinitive Finance Solutions Pty Ltd
0403 317 647
MMMirjana Middleton
Mortgage Broker
0414 584 363
AKAmit Kumar
Mosaic Financials Pty Ltd
0403 971 010
DBDiinesh Bhardwaj
Norwest Imports pty Ltd
0421 822 843
EAEmma Arzoumanian
A TO Z CONSULTING
0413 272 066
KPKJ Patel
MARBLE SPARROW PTY LTD
0481 811 234
SBSunil Bhatt
Mortgage Broker
0403 640 498
TSTerry Stanley
Teslabs Pty Ltd
0417 683 182
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.