Construction Loan Broker Perth

Building a new home in Perth? As a construction loan broker Perth builders and families trust, The Finance Yogi structures progressive-drawdown finance across 40 plus lenders. We keep your build funded and on track from slab to handover.

Construction Home Loan Perth Explained

A construction loan is not a standard home loan. A construction home loan Perth wide releases funds in stages as your builder finishes each phase.

You pay interest only on the money drawn so far, which keeps your repayments low during the build.

As your construction loan broker Perth, we match you to a lender who understands building and manages every drawdown with you.

What Is a Construction Loan Broker Perth?

A construction loan broker, also called a building loan broker Perth, is a licensed expert who compares building loans from many lenders and structures your drawdowns.

As your construction loan broker Perth, we handle the fixed-price contract, the valuations, and the lender from start to finish.

In most cases the lender pays us when your loan settles, so our help is usually free to you.

Why Choose The Finance Yogi

When you build with our construction loan broker Perth team, you get real choice and finance that keeps pace with your build.

Perth Builders and Buyers We Help

Our construction loan broker Perth service suits many projects. We regularly help:

First home buyers building a new home with the grant
Families building a knock-down rebuild
Buyers purchasing a house and land package
Owners funding a major renovation
Owner-builders who need a building loan broker Perth

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Contact Info

Speak with your local Perth construction loan broker today.

The Drawdown Stages of a Build

A construction home loan Perth wide releases funds in stages. A valuer confirms each stage before the lender pays your builder.

Slab or base

The first drawdown pays for the foundation once it is laid. You start paying interest only on this portion.

Frame

The next payment is released when the timber or steel frame is up and checked.

Lockup

Funds are drawn once the walls, windows and doors are secured, so the home can be locked.

Fixing

This stage covers internal fittings, cabinetry and plaster as the home takes shape.

Completion

The final drawdown is made at handover, then your loan converts to a standard home loan.

Every build is different. A fixed-price contract makes your construction loan broker Perth process smoother and easier to approve.

Building a 400,000 Dollar Home

Here is a simple, illustrative example of how a construction loan broker Perth structures a build. These figures are hypothetical and for general illustration only.

Build cost: 400,000 dollars (example only)
Funds released across five drawdown stages
Interest charged only on the amount drawn so far
First home buyers may claim the grant on a new build
Loan converts to a standard home loan at completion

Example only. Not a quote, offer, or guarantee. Speak with us for figures based on your build.

The Construction Loan Broker Perth Process in 4 Steps

Building finance has more moving parts than a standard loan. Here is how our construction loan broker Perth process keeps it simple.

1. Plans and Numbers

As your construction loan broker Perth, we review your fixed-price contract, plans and budget, then confirm your borrowing power.

2. Compare and Approve

We compare 40 plus lenders who understand building, then arrange approval structured around your builder timeline.

3. Manage Each Drawdown

We release funds at each stage as the work is verified, so your builder is paid on time and your build never stalls.

4. Complete and Convert

At handover we help you switch to a competitive standard home loan, so your repayments settle into one simple amount.

Work Out Your Numbers First

Get a feel for your repayments with our free calculators, then we confirm the real figures together.

About Your Broker, Mohit Brahmbhatt

Mohit Brahmbhatt is the founder of The Finance Yogi and a construction loan broker Perth locals trust, with over 13 years in finance, including 10 years inside the Big Four banks.

He is a member of the Finance Brokers Association of Australia (FBAA).

He started The Finance Yogi to give Perth builders and buyers honest advice and real choice across 40 plus lenders.

Construction Guides and Tips

After 10 years inside the Big Four banks, I learned that a build runs smoothly when the finance keeps pace with it. That is what we manage for you, stage by stage.

Mohit Brahmbhatt

      EXCELLENT  
   Based on 50 reviews 
    
 
 
 
   
 
 
       Posted on Google  
   
   Oscar E. Monsalve 
 
 
 
 Trustindex verifies that the original source of the review is Google. Mohit and his friendly team have been very cooperative with our particular scenario. Always available to reply our queries and helping us to get the best deal. Thank you guys!
  
 
      Posted on Google  
   
   Jasvinder Kumar Singla 
 
 
 
 Trustindex verifies that the original source of the review is Google. Wonderful team and appreciate for their efforts.
  
 
      Posted on Google  
   
   Stephen Abass Koroma 
 
 
 
 Trustindex verifies that the original source of the review is Google. Mohit and the team are the best. They will go far and beyond to see a successful outcome. Appreciate you, guys.
Thank you.
  
 
      Posted on Google  
   
   Selvin Martin 
 
 
 
 Trustindex verifies that the original source of the review is Google. I will give Mohit and his team 5 stars ,because they way they handled my refinance was pure professional skill. Mohit understood the stress that families in Australia undergoes on the mortgage repayments, he came up with ideas very simple and very effective for that was suitable for me and was there right from start till all is completed. I strongly recommend  him to have him as your first approach on bank finances.
  
 
      Posted on Google  
   
   Debadatta Banik 
 
 
 
 Trustindex verifies that the original source of the review is Google. Had really great experience and found professional employees helping me to Finance and refinance my loans. Highly recommend
  
 
      Posted on Google  
   
   Shamantha Bandara 
 
 
 
 Trustindex verifies that the original source of the review is Google. Great service from finance yogi.
  
 
      Posted on Google  
   
   Shrikant Sawant 
 
 
 
 Trustindex verifies that the original source of the review is Google. It's pleasure to announce that our investment property Home loan Proceed Successfully.

Thank you very much to Mohit, Tushar, Umesh and Parth from The Finance Yogi team, for there Help throughout the process.
They are very helpful with  a lot of knowledge in this field.
Once again thanks a lot from us.
Much Appreciated 🙏👍
From
Shrikant and Sanjeevani 🙏
  
 
      Posted on Google  
   
   Sneha Choudhary 
 
 
 
 Trustindex verifies that the original source of the review is Google. As a first home buyer, I appreciated the clear guidance and structured approach throughout the entire process. From pre-approval to settlement, the team (especially Umesh Bhai) was responsive, transparent, and proactive in managing timelines and communication with the bank.

The team provided practical advice on loan structure, fees, and next steps, which helped me make informed decisions with confidence. Settlement was smooth, and the process felt well managed end-to-end.

I recommend them. Thanks !
  
 
      Posted on Google  
   
   Ravi Badiyani 
 
 
 
 Trustindex verifies that the original source of the review is Google. Brilliant Knowledge and skills. Thank you.
  
 
      Posted on Google  
   
   Inner Revolution 
 
 
 
 Trustindex verifies that the original source of the review is Google. Mohit team is recommended by one of my friend and I really recommend The Finance Yogi to rest of people who are looking for reliable and trustworthy financial advisors. Very helpful team and Umesh helped me to sort out all requirements.
  
 
  
  
 
    Verified by Trustindex  Trustindex verified that these reviews were published on The Finance Yogi's Google Business Profile. Learn more

Start Your Perth Build

Ready to work with a construction loan broker Perth who keeps your build on track? Book a free, no-obligation chat today.

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TESTIMONIALS

What Real Clients Say About Building Finance

Mark and Jess Built new, Tapping

Mohit set up our construction loan and chased every drawdown so our builder was paid on time. Stress free.

Harpreet S. Knock-down rebuild, Wanneroo

He found a lender who understood our build and explained every stage clearly. Highly recommend.

Owen T. House and land, Joondalup

Great advice from day one. The drawdowns were smooth and our build never stalled waiting on finance.

Faq

Frequently Asked Questions Construction Loans

Building for the first time? These answers cover what Perth builders ask us most.

How does a construction loan work in Perth?

A construction home loan Perth wide releases your approved budget in stages as your builder finishes each phase. You pay interest only on the funds drawn, then the loan converts to a standard home loan at completion.

Is a construction loan broker free?

In most cases, yes. As a construction loan broker Perth, the lender usually pays our commission when your loan settles, so our service is typically free to you.

What deposit do I need to build?

Usually around 20 percent to avoid lenders mortgage insurance, though some lenders accept less. First home buyers building new may also use the grant. We confirm your exact deposit.

Can I get an owner-builder loan in Perth?

Yes, but fewer lenders offer them and the terms are stricter. We match you with lenders who support an owner builder loan Perth wide and help you present your project.

What are the drawdown stages?

There are usually five: slab, frame, lockup, fixing and completion. A valuer confirms each stage before your builder is paid, which protects you from paying for unfinished work.

Do I pay interest on the whole loan during the build?

No. You pay interest only on the amount drawn so far, so your repayments start small and grow as each stage is funded. This keeps costs manageable during the build.

Can you help with an owner builder loan Perth wide?

Yes. We arrange an owner builder loan Perth builders rely on, matching you to lenders who accept owner-builder projects and guiding you through their stricter requirements.

Which Perth suburbs do you cover?

We help builders across all of Perth, including Wanneroo, Joondalup, Hillarys and the northern growth corridor, in person or online.

Helpful resources: ASIC MoneySmart on home loans and building and the WA Government on building.

The Finance Yogi, ABN 46 640 520 869. Member of the Finance Brokers Association of Australia (FBAA). The information on this page is general in nature only and does not take into account your objectives, financial situation, or needs. It is not credit or financial advice. All loans and rates are subject to lender terms, eligibility, and approval, which can change. Figures and examples are illustrative only and are not a quote, offer, or guarantee. Please seek advice for your situation. Unit 3/947 Wanneroo Road, Wanneroo WA 6065. Phone 0430 592 745.

Construction Loan Broker Perth