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 Carlton
MMMatthew May
Qubed Advisory
0396 003 535
DCDavid Cursio
Mortgage Broker
0412 655 754
MKMatt Kyroussis
Mortgage Broker
0438 314 310
PFPeter Febbo
Mortgage Broker
0417 031 510
SLScott Lee
Seamless Broking Pty Ltd
0400 632 188
GBGerald Balancy
Cambridge Financial Solutions
0416 882 705
RZRay Zahra
Mortgage Broker
0416 197 745
SGStuart Grimsey
Mortgage Broker
0383 418 888
DSDaniel Stefanetti
Mortgage Broker
0417 441 544
PPPaul Pettofrezza
Mortgage Broker
0417 276 297
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.