Construction Loans with GSC Mortgage Brokers

Simplified Construction Finance Process

As experienced Geelong mortgage brokers, we understand the excitement of building your dream home or investment property. Our dedicated team of construction finance experts is here to simplify the lending process and provide tailored solutions that align with your goals.

Build Your Home with Confidence

Whether it's a custom-designed home or an investment property, we have the expertise to assist you in building wealth through property. Let us take care of the research and find competitive finance solutions that suit your specific needs, allowing you to focus on the exciting parts, such as choosing floorplans and finishes.

Flexible Financing for Renovations

Need funding for ambitious renovations? Our construction loans offer cash-flow-friendly options to fund your renovation projects. With a house renovation loan, we can help you unlock the potential of your property and transform it into your dream space.

Geelong Construction Finance Experts

As part of Geelong Construction Finance, our team brings a wealth of experience to the table. We understand the intricacies of construction loans and have the knowledge to guide you through the process smoothly. With our broad range of expertise in every aspect of the loan process, we are dedicated to building the right solution for you.

Access tailor-made solutions for building your home

Pay as you build with progressive drawdown

Interest only payments while the build is underway

Visit Geelong Construction Finance

Frequently Asked Questions

How does a construction loan differ from a traditional home loan, and what are the key distinctions to be aware of?

Construction loans are tailored for funding new home construction or extensive renovations, differing significantly from traditional home loans. They often feature distinct disbursement and repayment structures, making it essential to understand these differences when considering financing for your project.

What documents are necessary when applying for a construction loan, and what should I prepare?

When applying for a construction loan, essential documents include detailed construction plans, a comprehensive budget, and a fixed-price building contract. Ensuring you have these documents in order is critical to streamline the loan application process.

Can I utilise a construction loan to finance home improvements or renovations, and what are the possibilities?

Indeed, a construction loan can be employed to finance substantial home improvements or renovations on your existing property. This versatility allows homeowners to undertake extensive upgrades with tailored financing.

What's the typical timeline for fund disbursement during construction with a construction loan, and how does it work?

Funds during construction are typically dispersed in stages, aligning with key project milestones. This staged disbursement ensures that builders have access to the necessary funds at each phase of construction, maintaining project momentum.

Is it possible to convert a construction loan into a traditional mortgage once the construction is complete, and how does this transition work?

After the construction phase concludes, you often have the option to convert your construction loan into a traditional mortgage for long-term financing. This transition allows you to seamlessly transition from the construction phase to the permanent financing needed for your newly constructed or renovated home.

What Our Clients Say

We’re Your Local Mortgage Brokers With A National Reputation

5 stars

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First time approval

    
 
 
       By far the best broker I have worked with, highly recommend them!! Great service, solution based, no fuss. Could not fault them.
  
 
    
   Ben Wilson 
 July 1, 2024.
 
 
 
      Huge thanks to Cameron and the team at GSC Finance. Every call was picked up or returned immediately, every question was answered thoroughly and with patience, and the whole process was incredibly smooth.  Felt like we were in very good hands all the way. Thanks Cameron!
  
 
    
   Lena 
 June 21, 2024.
 
 
 
      Fast, knowledgeable and dedicated. Everything needed in a broker, thank you.
  
 
    
   Georgia Agar 
 June 13, 2024.
 
 
 
      Recently applied for a home loan through Matt and his team at GSC Finance. Throughout the process Matt made everything stress free, he went above and beyond for us and was always available when we had any questions. Achieved everything we were looking for within a very short time frame, would highly recommend!
  
 
    
   Michael Kennedy 
 June 11, 2024.
 
 
 
      Matt and the team at GSC Finance made the process of refinancing and getting a loan to build our new home easy and stress free. Our questions were always answered promptly and each step of the process was explained to us in terms we could understand. I highly recommend them for the expertise and fantastic service. Thanks so much Matt!
  
 
    
   Zoe Kennedy 
 June 9, 2024.
 
 
 
      Seamless and efficient
  
 
    
   Kane Lander 
 May 29, 2024.
 
 
 
      GSC are very friendly and always willing to go above and beyond!
  
 
    
   Kye Edwards 
 May 20, 2024.
 
 
 
      Always professional and the customer service is amazing. Highly recommend 👌
  
 
    
   Eloise German 
 May 17, 2024.
 
 
 
      GSC Finance Solutions and Matt have made myself and my partner’s experience in getting our first home seamless. They were clear of what was needed from us and provided us with exceptional support, guiding us through the process that has ultimately set us up for our first home!
  
 
    
   Ryan Chatterton (HdRyan_69) 
 May 16, 2024.
 
 
 
  
  
 
 
   Google rating score: 5.0 of 5, based on 119 reviews