Construction home loans

Building your dream home with Emanate Finance 

The right construction loan to meet your specific needs

Sometimes the best way to get your dream home is by simply building your dream home. Construction loans generally involves two stages; buying the land and then of course the new build of your home.

There are three potential scenarios you may find yourself in:

– There may be a newly developed block of land

– You are subdividing an existing block to build another property

– You are demolishing an older property to make way for a build of newer one

The right construction loan to meet your specific needs

 

When it comes to construction loans, we have the expertise to make sure your loan is structured correctly, meets your needs and of course is at the optimum rate that is possible for your unique set of circumstances.

Many developers have one lender they deal with. This may not get you the most favourable deal possible. At Emanate Finance we have access to over 35+ lenders to make sure that you get more choice for your loan.

As mortgage brokers we take the hassle out of finance so you can focus on building your dream home.

 

Complete the form below and let’s see what we can make happen for you

Questions about your construction loan??

 

What government grants can I access?

There are a range of grants and concessions available. We will walk you through everything you need to know as a first home buyer.

To find out more on some of the grants you can visit our first home buyers grants page

How much deposit do I need?

Deposit requirements range depending on which lenders you are eligible for. We have access to low deposit home loans with a 2% deposit, as well as a range of lenders that require a minimum of between 5-10% deposits.

In additional, we have access to a range of parental guarantee lenders that will enable you to use equity in a family member’s home rather than having a cash deposit.

We’ll help you understand each option, who you qualify for and how to ensure the best chance of success with your chosen option.

How much can I really borrow?

Online borrowing calculators are notoriously inaccurate and can often set you off on the wrong path. To make your chance of success harder, each lender will use a different method to calculate how much they will lend you.

Our proactive approach to understanding your borrowing capacity ensures you can go house hunting with some certainly over just how much you can really spend.

We provide a full assessment of your financial position to ensure we understand which lenders you qualify for, and how much each will lend to you.

How long will it take?

Our initial discussion will take no more than 15-20 minutes over the phone to ascertain what options may be available to you.

From there we can give you all the information you need to guide you on your way, if you’re happy with what we’ve spoken about we can arrange a pre-approval to give you peace of mind and ensure you can put forward a strong purchase offer. Each lender will have a different application time frame and we can advise you of what they are.

 

 

Lets find out what is possible for you.

Give us a call or complete the form below