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 Pascoe Vale
ABAbhi Bathla
Fin Partner Pty Ltd
0422 200 237
CCChantal Cutter
Cutter & Co Financial Services
0408 282 875
PSPaul Sullivan
Mortgage Broker
0411 414 115
JEJade Elmir
Jade Mortgage Solutions Pty Ltd
0428 691 944
ACAnthony Chimirri
Mortgage Broker
0401 849 878
KJKylie Jose
Mortgage Broker
0438 546 868
DMDanelle Messaike
HeadStrat Capital Pty Ltd
0417 427 143
CSCarl Scheriani
Mortgage Broker
0412 352 900
AVAnthony Valastro
Access Value Finance Pty Ltd
0410 678 695
SKSimeon Kaltourmidis
Resolve Finance PV
0411 564 186
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.