Build the Dream Home - Construction Loans

Mortgage Choice Newcastle & Lake Macquarie knows how to get you the best Construction Loan for building your dream home

Construction Loans Newcastle

When it comes to getting the best deal from a bank, there are many benefits to having years of industry experience that can get your deal over the line and save you money over the life of your loan. Our Newcastle mortgage brokers know what the banks are looking for, and the things you can do to increase your borrowing power to build your dream home.

When you work with Peter Byrne and the team at Mortgage Choice Newcastle, you can rest knowing that you will be getting the best possible deal on your construction loan. Plus, we always put your interests first.

We Help to Make Sure Your Construction Loan in Newcastle is Hassle Free!

It is always super exciting when you look at building a brand new home. Just as your builder needs the right tools for the job, the right type of home loan is vital for you. Unlike a traditional home loan, a construction loan lets you draw on the loan in stages - usually in line with key stages for example laying the slab (or base), completion of the frame, lock-up, fit out and final completion.

This means that while the work is still in progress, you will only need to make interest repayments on the money that has been used. This allows you to continue in your current home while the new one gets built. As a result, repayments will be smaller at the start of your loan, and gradually increase as you approach completion.

Save Money in Newcastle with Access to Over 35 Construction Loan Lenders

With over 35 lenders for you to choose from, you can be certain that we are getting the best deal for you. With big banks, specialist micro lenders, and everyone in between on our panel, we search hard to save you money on your home loan. The extra money you save by going with a local Newcastle & Lake Macquarie mortgage broker could mean you have more to spend on kitting out your house, or to pay off your home loan sooner.

We help find the best Construction Loan in Newcastle & Lake Macquarie

With everything that goes into building your own home, the idea of finding the best mortgage may be overwhelming. Luckily, we're here to make the process as easy for you as possible. We handle the paperwork and following up with the lender for you. All you need to do to get the ball rolling is contact our local mortgage broker on (02) 4001 0421!

Best of all, we don't charge you for our home loan services! That means you can save on your home loan without paying us a cent.

Don't worry, you will still be getting all our experience and expertise on your side. This is possible because the lender you choose will pay us a commission after your home loan settles. And no, that doesn't influence our home loan services at all.

Chat to the expert local Mortgage Broker construction home loans team today

Even if you’re just starting on your first home buying journey, contact us today for a no-obligation appointment to discuss how much you can borrow and what repayments you are able to afford. Our team in Newcastle and Lake Macquarie is committed to giving you home loan advice that puts you first.

We service the areas of Newcastle, Stockton, Teralba, Toronto, Lake Macquarie, Speers Point, Redhead, Swansea, Caves Beach, Morisset, Edgeworth and surrounds.