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 East Brisbane
Travis Harley
Mortgage Broker
0422 018 402
Tom Williams
Mortgage Broker
0401 411 980
Mathew Oliver
Mortgage Broker
0419 650 356
Simon Bogle
Mortgage Broker
0423 921 904
Tony Duncan
Mortgage Broker
0413 782 416
Malcolm Makkinga
Mortgage Broker
0430 464 280
Dee Francis
Mortgage Broker
0409 950 555
Andrew Sterling
QPF Finance Group
0412 120 003
Leah Blackford
Furious Finance
0487 774 737
Acacia Lanham
ramsey property wealth
0423 976 775
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.