If you are looking to build your new home rather than buy an existing property, you need a different type of home loan known as a construction loan. A construction loan can also suit you if you are making major renovations to your existing home or to a property you have bought but which needs a bit (or a lot) of work before you call it home.
Construction Loans Sydney
Competitive variable interest rates.
Facility to draw money when necessary whilst building.
Interest only payments during the building period.
Additional payments can be made.
Requires a fixed price building contract leaving little room for change whilst building.
Some lenders charge a fee for every time you draw money whilst building.
Given it is a variable loan; loan repayments will increase if interest rates go up.
We look forward to servicing your financial future
Call 1300 77 21 21 today because you have a lot to gain and nothing to lose!