Construction loans assist with the building of a new home on vacant land, or substantial renovations to an existing property. At Scope we have lenders who can provide loans for standard construction, owner-builder, low doc construction and bridging construction facilities.
Taking on a building or renovation project is a big decision, and there are many considerations e.g. building permits, choosing tradesmen etc. Therefore for general support information, or particularly if you are still undecided whether home renovation is right for you – you may find useful information to help you make a decision in the Building and Renovations guide provided by the Consumer Affairs of Victoria - click here
Would you like to find out exactly how much you can borrow? - SEE A BROKER
There are numerous ways to structure your loan, with choices of fixed rates, variable rates, off-set accounts etc... To check out the different LOAN STRUCTURES and have them explained click here.
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