If you’re building a new home or planning major renovations to your existing home, a construction loan is generally the most appropriate funding option.
If you’re building a new home or planning major renovations to your existing home, a construction loan is generally the most appropriate funding option.
The difference between a construction loan and other types of loans is that a construction loan is drawn down in stages and not paid as a lump sum.
The drawdowns enable the builder of a home to finance the various stages of the construction process from the acquisition of land to the various stages of building.
If you have any questions regarding your finances please send us an email and we will contact you shortly. Or please call 03 8358 2213 for assistance.
Contact Info
10 / 399 Melton Highway, Taylors Lakes VIC 3038 |
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03 8358 2213 | |