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 Camp Hill
Craig Carolan
Mortgage Broker
0436 659 784
Hamish Crawford
Mortgage Broker
0400 888 146
James Blackshaw
Mortgage Broker
0407 618 739
Jonathan Crowther
Mortgage Broker
0447 480 260
Jordon Warhurst
Mortgage Broker
0468 523 293
Estelle Dejean
E & D FINANCIAL SERVICES PTY LTD
0403 202 642
George Pain
Astute Camp Hill
0433 756 604
Greg Carroll
MTA Finance
0439 953 775
Wei Wang
Mortgage Broker
0421 669 163
Dan Purcell
Mortgage Broker
0438 570 763
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.