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 Brisbane City
RTRiley Thomas
Mortgage Broker
0410 372 565
CWClare Wei
Mortgage Broker
0478 807 259
PGPeter Galloway
Clearpath Financial Management (CFM) Pty Ltd
0413 152 229
MCMark Coates
Mortgage Broker
0434 362 836
GHGriffin Hyndman
Mortgage Broker
0435 817 842
PVPieter Vosloo
Compare the Market Pty Ltd
0459 338 004
ABAlistair Bell
AC Bell Investments Pty Ltd
0499 998 700
CWClare Wei
Mortgage Broker
0478 807 259
HBHolly Balch
Bentleys Finance (Qld)
0408 491 822
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.