Construction Loans | Mortgage Broker Melbourne CBD, Port Melbourne & Brighton

Competitive construction loans in Melbourne

There are so many exciting parts of building your new home or completing a major renovation. But choosing the right construction loan will set up your property and finances over the long term, so it's important to get it right. Make time to chat with one of our Mortgage Choice Melbourne Brokers to explore your construction loan options.

What is a construction loan?

A construction loan is a short-term loan designed to finance the building of a new home or major renovation. Unlike a traditional mortgage, which is based on the completed property's value, a construction loan provides funds in stages as the construction progresses. Borrowers typically make interest-only payments during the construction phase, and once the project is completed, the loan is usually converted into a standard mortgage.

How can Mortgage Choice Melbourne help?

We help bring your dream to life: As your local Melbourne Mortgage Brokers, we use our expertise to make your dream home a reality. We will meet with you to discuss your project and review your finances, so we know what you need from your new construction loan. Our team then puts together a strategic plan to get you into your new home.

We source the right lender and loan: There are thousands of construction loans on the market. The problem is figuring out which one is right for your project. That's where our Mortgage Choice Melbourne Brokers can help! We match the needs of your upcoming project with a construction loan that will support it - at a great rate. We tap into our longstanding relationships with our wide range of lenders to negotiate competitive interest rates and close the deal.

We help with all the heavy lifting: From property valuations to paperwork and progress payments, our Mortgage Broker Melbourne team will manage all the heavy lifting for your construction loan - so you can focus your time and energy elsewhere. We liaise with the lender on your behalf and keep you updated along the way.

Our Mortgage Broker in Melbourne Stephen Zamykal shaking hands with clients

Building a house into a home

We use our decades of experience to help secure a competitive construction loan that's going to help your project come to life - not hinder it. You can focus on making all the tiny decision that make your house a home.

Find out more about our team

House and land packages - how can I finance it?

There are lots of different types of house and land packages, but whichever path you want to take, our team can help you find a competitive loan to support your journey. We'll chat through your journey so far and what you want to achieve, before putting together a personalised strategy and combination of finance options to get you into your new, dream home.

What buyers say about our service:

"Stephen and his team at Mortgage Choice were absolutely amazing. Their commitment, responsiveness and experience is second to none. I have used a different Mortgage Choice franchise in the past and noticed a remarkable difference in the capability ad service of Stephen and his wonderful team. Will definitely use their service in the future and recommend to anyone without a hesitation. Keep up the great work!" (Gayan, Brighton)

Ready to kickstart your construction loan journey?

We've got 25 years of experience in home loans and are ready to put our experience to work for you. Our Mortgage Choice Melbourne team can chat by phone, video or in person at either of our two offices. We would love to see you!

Call 03 8602 6777 Email us Book an appointment