Search found 3 matches

by Timonthy
Thu Sep 26, 2019 2:27 pm
Forum: Home Loan Forum
Topic: Do I have to get separate loans for land and construction?
Replies: 5
Views: 10427

Re: Do I have to get separate loans for land and construction?

Thanks for the info. Could you elaborate more on drawdowns?
by Timonthy
Thu Sep 26, 2019 12:51 pm
Forum: Home Loan Forum
Topic: Do I have to get separate loans for land and construction?
Replies: 5
Views: 10427

Re: Do I have to get separate loans for land and construction?

Thanks for the information. I’m assuming this also means I need to provide additional documents for construction also.
by Timonthy
Thu Sep 26, 2019 12:20 pm
Forum: Home Loan Forum
Topic: Do I have to get separate loans for land and construction?
Replies: 5
Views: 10427

Do I have to get separate loans for land and construction?

Hi,
My partner and I are looking to purchase land and build a house to live in it. Our combined income is around $135,000 and we are aiming towards building towards a $500,000 to $800,000 house. Do I have to get separate loans for land and construction?