

Hi Peggy - I am based in Brisbane & have some great construction deals. Currently have constructions under way from Marburg to Woodford. PLease let me know if you would like my assistance - always keen to help with finance & I have access to some great builders as well - kind regards Steve


Hello Peggy , at eFinance Home Loans we go through a detailed Needs Analysis to identify your objectives and ask you a number of questions on the construction facility , your financial affairs and your objectives as to long term wealth creation , unfortunately that cannot be determined within a few sentences here . At eFinance Home Loans we have access to all of the lenders in the market place and can offer a range from basic no frill construction facilities to a debt reduction strategy which will reduce the time frame without the need to pay extra towards the loan . I would be more than happy to have a conversation with you over the phone . I do look forward in speaking with you further on this topic ? Your One Stop Finance Shop !


Hi Peggy, As mentioned above lending capacity varies from lender to lender and depends on a lot of other individual factors. If you are looking for a great construction loan, I have a few I can recommend, including a great fixed rate while still under construction and also a 100% Offset! If you'd like to know more I'd be happy to chat anytime. Please click on "View Profile" to get in touch. Cheers.

Hi Peggy, Carolyn here. Lucky you are in Queensland, we have some awesome products. Fixed rate with offset as well as Fixed rate during construction. As a rule construction loans are repaid interest only and have to be variable, meaning if rates increase during construction you can be up for a lot more in repayments than you were anticipating. Always best to consider these things, happy to chat directly to you when you are ready. I'm a Queensland broker waiting for your call.


Hi Peggy - construction loans for owner occupied are offering the same lending % as other loans - for most lenders. That is 95% lending + 2% of the fees. Some lenders charge a higher rate during construction - most allow interest only payments till completion. Income servicing - so which lender offers the best loan option will come down to your net income - after expenses like credit cards and any loans plus the minimum living expense for your family setup.


Hi Peggly, I would be pleased to assist being based on the Northside of Brisbane and I can come to you. The lending capacity of lenders all vary and their assessment of your income, dependants, living expenses and other debts. I would be happy to take you through the process to find the one with the best capacity based on your situation. Regards, Bernie

Hi Peggy, great news to hear that you are looking to construct a property. May I ask if this will be an investment or a home to live in. To enable you to get a more tailored response & put a plan in place I would recommend lodging an enquiry so a broker on the panel can give you call to discuss further. Regards Rebecca A Mitchell

Hi Peggy, thanks for your enquiry. There are so many factors to consider when looking for a construction loan - interest rates only make up a small part of the lending costs and I would need to look at your situation closely to determine the best loan for you. Please click on my profile and contact me and I will happy to assist you further.

Matthew
Hi Peggy, depending on your loan to value ratio we have options from 3.74% p.a. We are based in the Brisbane CBD but we can come to you for a personal discussion about your goals and what you are trying to achieve to work out a plan for you. Click on my profile to get in touch. I hope to be able help.