Author: MAXISLoans

Welcome to Your Construction Loan Application! We’re excited to help you build your dream home! This submission form will allow us to contact you to guide you through the process of applying for a construction loan. What to Expect: Once you submit your application, a loan specialist will review your details and contact you within…

Australians are renowned for their love of homeownership, and building a new home can be a particularly exciting dream. However, the construction process can also be riddled with unforeseen circumstances that lead to cost overruns. Thankfully, construction loans are designed with flexibility in mind to address some of these potential bumps in the road. When…

Building your dream home or embarking on a major renovation is an exciting venture. However, securing the right finance can feel like navigating a maze. Construction loans, unlike standard home loans, involve additional complexities due to the progressive nature of payments tied to building milestones. This begs the question: how long does it typically take…

Construction loans, also known as building loans, are a financial tool to help Australians navigate the process of building their own home or completing a significant renovation. While the prospect of a brand new space is exciting, securing the loan itself requires careful planning and meeting specific lender qualifications. This article dives into what you’ll…

Building your dream home is an exciting prospect, but understanding the financial nitty-gritty is crucial. Construction loans, designed specifically for financing new builds or renovations, come with some unique considerations, particularly regarding interest rates and fees. Interest Rates: A Calculated Risk Australian construction loans typically carry slightly higher interest rates compared to standard home loans.…

Construction loans in Australia offer a financing solution for building your dream home or investment property. But unlike traditional mortgages where you receive a lump sum, construction loans function through a process called progressive drawdown. This directly impacts your cash flow throughout the building phase, so understanding how it works is crucial. What is Progressive…

Construction loans in Australia differ significantly from standard home loans. Here’s a breakdown of how they work: Structure: Benefits: Things to Consider: Here’s an example: