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 South Brisbane
CLCharlie Li
Mortgage Broker
0452 217 859
SHSabrina Huang
Mortgage Broker
0450 252 558
SSStella Sarin
Mortgage Broker
0425 351 293
DLDan Liao
Mortgage Choice - South Brisbane
0433 017 962
DSDebbie Stapleton
Mortgage Broker
0410 268 109
ADAnna Dileo
Mortgage Broker
0411 017 402
ALAngelina Lin
Mortgage Broker
0430 933 129
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.