Build Your Dream
Get a construction loan that works for you. Let's transform your vision into a reality.
Dreams shouldn’t be nightmares.
The dream of owning a home built exactly to your specifications is an exciting one.
Imagine the joy of customising every detail, creating a space that perfectly reflects your family's needs and lifestyle. But let's face it, the complexities of construction lending can quickly turn that dream into a stressful headache.
Cardinal Finance understands the challenges associated with construction loans. That's why we specialise in helping borrowers navigate the process smoothly and efficiently. We’re mortgage brokers with wisdom and experience — a deep understanding of construction financing, and we're passionate about helping you turn your dream home into a reality.
Why Choose Us for Your Construction Loan?
Building your dream home shouldn't come with a side of financial anxiety. Here's why Cardinal Finance might be the perfect partner for your construction journey…
Expert Guidance.
Every. Step. Of. The. Way.
From pre-approval to disbursement and beyond, we'll be by your side, offering expert advice and ensuring you understand every step of the process. No question is too big or too small for our team.
Streamlined Approvals to Get You Building Faster.
We understand the excitement of getting started on your dream home. That's why we work tirelessly to expedite the approval process, eliminating unnecessary delays and getting you building sooner.
Effective Solutions Tailored to You.
We'll shop around to find the most competitive rates and flexible loan options that fit your budget and project needs. Whether you prefer the stability of a fixed-rate loan or the potential savings of a variable-rate option, we'll guide you towards your best choice.
Peace of Mind Knowing You Have an Advocate.
We're more than just loan facilitators – we're your advocates throughout the entire construction process. We'll work closely with your builder, appraisers, and other involved parties, ensuring clear communication and a smooth flow of information.
A construction loan is a temporary financing solution designed to cover the costs associated with building your dream home or a major renovation project. Unlike a traditional mortgage where you receive the entire loan amount upfront, construction loans work differently. Funds are typically disbursed in stages, also known as "draws," which are tied to specific project milestones.
Here's the beauty of it: you only pay interest on the portion of the loan that has been used. This means you save money on interest payments during the construction phase, allowing you to focus your finances on the actual building process.
Whether you're planning a brand new build or a significant renovation, a construction loan can be a valuable tool to help you manage your finances and build smarter.
How Construction Loans Work
We can help you finance
New Home Construction
Major Renovations & Extensions
We'll Be With You Every Step of the Way
When it comes to construction loans, the process can seem daunting. But with Cardinal Finance by your side, you don't have to go it alone. With our comprehensive support, you can focus on the exciting parts of building your dream home, while we handle the complexities of the construction loan process. Here's how we'll support you throughout your building journey:
Understanding Loan Options.
We'll explain the different types of construction loans available, such as fixed-rate and variable-rate options, helping you choose the loan that best suits your financial goals and risk tolerance.
Estimating Project Costs for Accurate Loan Amounts.
We'll work with you to create a realistic budget for your project and ensure you secure the right loan amount to cover all your construction needs.
Qualifying for the Best Rates & Terms.
We have strong relationships with lenders and will leverage our expertise to negotiate the most competitive interest rates and favorable loan terms on your behalf.
Coordinating with Builders & Appraisers.
We'll handle the communication and coordination with your builder and appraisers for progress inspections, ensuring a smooth and efficient loan disbursement process.
Streamlining Loan Disbursement.
Once each milestone is verified, we'll work swiftly to release the next loan draw, keeping your project on track and your builder paid according to schedule.
Ready to turn your vision into a reality?
Schedule a free consultation with one of our experienced mortgage brokers today! We're committed to providing exceptional customer service and ensuring you have a positive experience every step of the way.