Thinking about building a home or taking on a major renovation? In this week’s mini-episode of That Backyard Property Pod, we break down the essentials of construction loans in Australia — so you can build with confidence.Whether you're a first-time homebuyer looking to buy land and build, or you're planning a significant upgrade to your current home, this episode is packed with practical tips and expert insights.
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What You’ll Learn in This Episode:
How construction loans work (step-by-step)
The different types of construction loans
Managing progress payments during the build
Government incentives and grants you should know about
Why working with an experienced mortgage broker is key
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Website: https://tuskfinance.com.au
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Facebook: / tuskfinancemk
Instagram: / mortgageswmichael
LinkedIn: / michaelkilliner
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Chapters:
00:00 Introduction to the Episode
00:23 House and Land Packages for First Home Buyers
02:20 Understanding Land Loans and Construction Loans
03:40 Managing Construction Loan Payments
06:03 Renovations and Construction on Existing Properties
08:36 Valuation and Financing Options for Renovations
10:35 Choosing the Right Bank and Loan Type
11:44 Conclusion and Final Thoughts
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Produced by Podwave Studios: https://www.podwavestudios.au
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