Construction Loans
Construction Loans in Moorabbin, Cheltenham & Bentleigh East
Build your dream home with confidence – Pennant Loans, Mortgage Brokers provides local support for construction finance.
Why choose a construction loan?
Construction loans are designed for building or major renovations. Benefits include:
- Progressive drawdowns so you only pay interest on funds used
- Flexibility for staged payments to builders
- Options for owner-builders and contracted builds
Ability to convert to a standard home loan after completion
How Pennant Loans assists with construction lending
Local lending options: We compare construction loan products suited to Moorabbin, Cheltenham and Bentleigh East projects.
Step-by-step guidance: From pre-approval to final drawdown, we help you navigate lender requirements.
Budget clarity: We explain how valuations, cost estimates and contingencies affect your borrowing power.
Why clients choose Pennant Loans
Local focus
Guidance tailored to Moorabbin, Cheltenham and Bentleigh East property stock, price points and buyer demand.
Straightforward process
We cut through jargon – variable vs fixed, offset, redraw, genuine savings – so you can make confident decisions.
Support beyond approval
We stay with you through valuation, settlement and the first months in your new home.
Get in touch!
If you would like to know more about any of our services or have a questions about an existing loan, please complete the form and a member will be in touch shortly!