Agile Debt Solutions is a construction loan broker that has your financial back for major renovations, new construction, or any other kind of building project. A construction loan is a unique type of mortgage that is designed specifically for the building process with a range of benefits for those building a home or completing major renovations to an existing building. Agile Debt Solutions is an experienced mortgage broker for construction loans in Sydney that can help you get the right loan.
The many years of experience you will get from a construction loan mortgage broker like Agile Debt Solutions is an invaluable help in ensuring you get the right loan. Our team has access to a wide range of lenders around Australia, so no matter what your financial situation is, we can help you through the process from your initial application and conditional approval to the final stage of payment being made. With expert advice on your side, you can be sure that you will be making the right choice for you.
One of the major benefits of utilising the services of a construction loan broker in Sydney is that you will have the opportunity to compare the offers from various financial lenders. Working with a construction loan broker will allow you to access the most competitive rates in the current lending market and will provide you with the opportunity to explore a complete set of lending terms before making an informed final decision.
There are 5 main steps involved with the application and approval of a construction loan.
Step one:
Make an appointment with your broker to discuss the types of loans available to you. Our handy calculators can be great for doing some preliminary research into what kind of repayments you might be making and what the typical terms of your construction loan might be. This is also a good stage to look into some financial planning services so that you can map out your personal finances.
Step one:
Make an appointment with your broker to discuss the types of loans available to you. Our handy calculators can be great for doing some preliminary research into what kind of repayments you might be making and what the typical terms of your construction loan might be. This is also a good stage to look into some financial planning services so that you can map out your personal finances.
Step two:
Choose your preferred lender/s and make your application. If the application is successful, you will be provided with conditional financial approval, which will detail how much you have to spend.
Step two:
Choose your preferred lender/s and make your application. If the application is successful, you will be provided with conditional financial approval, which will detail how much you have to spend.
Step three:
This is where your construction loan broker will complete the process of transitioning your conditional approval into a formal application.
Step three:
This is where your construction loan broker will complete the process of transitioning your conditional approval into a formal application.
Step four:
Your builder will provide you with invoices at different stages of the building process, and once you are happy with the work, you will sign off on these, and your broker will help you to submit these to your lender to make payment directly to the builder.
Step four:
Your builder will provide you with invoices at different stages of the building process, and once you are happy with the work, you will sign off on these, and your broker will help you to submit these to your lender to make payment directly to the builder.
Step five:
The last step of the process involves your final inspection, payment of the final invoice to your builder and moving into your completed building project.
Step five:
The last step of the process involves your final inspection, payment of the final invoice to your builder and moving into your completed building project.
