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What this means is that rather than submit a second loan with a better construction lender than AMP, the broker has simply used the existing pre-approval and made it construction appropriate. This gives you confidence that you'll get finance, but when the time comes they'll probably go to a...

Almost every lender offers construction loans. ChoiceLend, AMP and Maquarie aren't really much chop for construction, I don't know why you'd even consider them. Suncorp might be fine but might not depending on what your longer term plans are. A lot of people get attracted to Suncorp...