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 Shepparton
BVBrent Vidler
Mortgage Broker
0409 087 729
BFBen Florence
Ufinancial
0428 225 699
AWAndrew Westblade
UFinancial Group Pty Ltd
0438 765 954
XHXavier Howard
Brokerhouse
0428 318 778
SQSimon Quattrocchi
JAQ Finance
0421 332 233
KWKayla Wood
Mortgage Broker
0409 861 803
AGAman Gill Gill
Mortgage Broker
0481 201 136
TATori Ash
Mortgage Broker
0408 777 549
PMPaul Mazzella
Ufinancial
0438 647 242
JSJustin Stafford Stafford
The Finance Lab (vic) Pty Ltd
0497 435 537
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.