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 Calamvale
TLTony Lee
Style Mortgage Financial Services Pty Ltd
0406 765 269
VBVish Brahmakshatriya
Mortgage Broker
0432 554 770
NXNicole Xiang
EVERMORE FINANCING PTY LTD
0430 360 010
BCBing Cheng
Mortgage Broker
0499 816 816
DYDawei Yang
Mortgage Broker
0450 088 688
BOBen Ou
Smart Mortgage Corp Pty Ltd
0433 271 113
FGFarah Go
Mortgage Broker
0420 517 501
JZJoe Zhou
Mortgage Broker
0401 588 162
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.