Construction loans | Mortgage Broker Frankston & Lyndhurst
If you’re looking to build your dream home, having the right loan is critical. I've got you covered! As your local Mortgage Broker in Lyndhurst and Frankston, I can step you through the process of obtaining a construction loan and, in turn, make your dream home a reality.
Construction loans: the right tool for the job
If you’ve made the decision to build your dream home, a construction loan could a great option! Construction loans are slightly different to standard home loans, and offer you the ability to make progress payments during the build, which can help manage your cash flow.
Typically, a construction loan will allow you to just make repayments on the total funds that have been drawn down at any stage in the build (rather than on the full loan amount). These repayments are usually interest only, reverting to principal and interest once your new home has been built.
How I can help the finance side of things
Of course, when building or renovating, unexpected costs can crop up from time to time, which is why it is important to have an expert on hand to help manage the process for you. That is where I come in. As your local Mortgage Broker in Lyndhurst & Frankston:
- I will provide you with access to thousands of loans from over 35 lenders. I can help you find lending solutions that are suited to you and your construction process. I've got more than the 'big four' banks available to choose from.
- I will step you through the process, removing the complexities associated with construction loans so that you know what is happening at all times.
- I’ll do all of the legwork for you, managing the entire application process through to settlement. I’m also here to advise on progress payments and be a support every step of the way.
- My home loan service is free, as your chosen lender pays me a commission once the loan has settled.
House and land packages
Let's get started!
Construction loan advice, made simple
I'm here to help you through the process and help you achieve your goal of building your dream home. As your local mobile Mortgage Choice Broker in Lyndhurst, Frankston, Seaford and surrounds, I can come to you! I can also chat with clients nation-wide via phone or video chat.
Call Altaf Qumbari on 0438 026 812 or click below to request a call back.
Call: 0438 026 812 Request a call
