Construction Loan
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This type of home loan encompasses the construction of a dwelling. This is done using home loan pricing.
Most lenders will require that you enter into a building contract with a licensed builder who will provide a breakdown of the costing for the construction. You would require a copy of the D.A (Development Approval) which will be provided by council, copy of the building plans, the home owner’s warranty, the builder’s public liability, and a copy of the quantity inclusions.
There are even lenders that will approve your loan even if you are an owner builder.
We know where to find the cheapest and most flexible construction loan lenders. We can find this for you when you obtain an independent builder, or if you are acting even as an owner builder.
Talk to us for more information
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