How Brook Helped a Couple Build Their Forever Home

When most people think of buying a home, they picture weekend inspections, bidding wars, and moving into a property that already exists. But for one couple in the Snowy Mountains area, that wasn’t the plan. They wanted something different.

That’s where Brook came in.

Rather than help them secure a standard home loan, Brook structured a construction loan tailored to their needs allowing them to build their dream home from the ground up.

Why a Construction Loan?

Unlike traditional home loans, construction loans are designed to be released in stages. Instead of getting one lump sum, the funds are drawn down progressively as each phase of the build is completed: slab, frame, lock-up and so on.

This means:

• You only pay interest on the money that’s been drawn down
• Progress is tightly managed with lender inspections
• You’re not stuck paying interest on the full amount before the house even exists

Brook helped the couple navigate every stage from assessing their borrowing capacity to liaising with the builder and lender to ensure the right paperwork was in place for every drawdown.

How It’s Going

The project isn’t finished yet but it’s coming along beautifully.

Brook has been on-site to check progress and take in the beautiful views.

Thinking of Building?

A construction loan is for anyone who wants control, customisation and the satisfaction of seeing their home come to life, brick by brick.

If you’re considering building your dream home and need the right loan structure behind you, get in touch today.

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