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 Ipswich
NSNick Sellwood
Mortgage Broker
0406 643 215
CWCarrie Wilson
Mortgage Broker
0419 609 191
NDNorbert Duga
Aussie
0437 984 416
DCDaniel Clarkson
Deliberate Wealth Pty Ltd
0404 351 517
JPJack Pearson
Aussie home loans
0487 320 354
MAMitchell Anderson
N/A
0473 387 393
YDYelisa Diaz Diaz Flores
Mortgage Broker
0435 852 548
TBTheresa Brink
Aussie
0406 468 644
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.