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 Brunswick
CGCathy Goudis
Mortgage Broker
0423 857 530
NANick Antonellos
Concise Financial Services Pty Ltd
0413 547 582
SLSteven Litinakis
Financial Lending Services Pty Ltd
0422 480 400
SLSharon Lee
Mortgage Broker
0413 318 913
LVLex Villanueva
FiveSix Capital
0412 935 656
LALiz Antonellos
Concise Financial Services P/L
0413 395 799
JKJordan Kruger
Shape Finance (Aust) Pty Ltd
0433 794 234
EAElizabeth Arche
Mortgage Broker
0402 483 415
NLNelson Lee
Mortgage Broker
0479 153 362
GBGeorge Bakowski
Mortgage Broker
0405 500 033
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.