Speedy Approvals for Construction Loans Melbourne
When you are building your home and if you can understand how construction loans Melbourne work, then your building project gets easier.
We can help you get construction loans with flexible conditions that can understand the cashflow challenges. We understand that fixing up or building your home can be a stressful exercise by itself so we will take care of that worry for you.
How Does Our Process Work?
When you are building /constructing your house, you do not need the lumpsum at the start. You will need money in instalment based on the project completion. Most banks understand this and extend to give progress payments, which is payments made at various stages of the construction project from a loan amount that is pre-agreed.
The advantage of this loan is you will be paying the interest for only the amounts that is paid out to you. Moreover, we can also get you on loans that is interest only to lighten your load.