--- title: Finance Options date: 2019-02-15T14:34:00+11:00 author: Walker Designs canonical_url: "https://www.tasbuilthomes.com.au/finance-options" section: Site Content --- # Finance Options ### Related Pages - [ Why Tasbuilt](https://www.tasbuilthomes.com.au/why-choose-tasbuilt) - [ About Us](https://www.tasbuilthomes.com.au/about-us) We now offer finance options to help make your Tasbuilt Homes experience even easier. Finance is available through many of the well-known finance providers, including our referral partners [MyState Bank](https://mystate.com.au/). You can find their contact details at the bottom of this page. When seeking finance approval it is important to explain to your bank that a Tasbuilt Home is NOT a *kit home* or a *relocatable home*. It is a home that's simply constructed off-site and then installed permanently on your site on concrete and steel foundations), with services/utilities connected just like a traditional build. The whole project is covered under a fixed-price builders contract, and Tasbuilt is a fully licensed [Tasmanian Builder](https://www.tasbuilthomes.com.au/tasmanian-home-builders), with all relevant insurances required by the banks. ## A Tasbuilt Home Is Not A Kit Home A Tasbuilt Home is often confused with a kit home. A kit home is a home in which the components are purchased, unassembled, in a kit form, usually supplied in a shipping container. A kit home company may or may not provide an installation service. Sometimes the owner contracts the tradespeople separately, or sometimes they may do the installation themselves as an owner-builder. This is a more complicated process and involves greater risk for the lender. ## A Tasbuilt Home Is Not A Relocatable Home A mobile or relocatable home is a modular building that can be easily moved from site to site. Banks are less likely to lend money if they believe the home is a kit home or if you are doing an ‘owner-builder' project. If your bank is not sure about the Tasbuilt Homes process, you can ask them to contact us for more information. A quick phone call can often help clear up any queries and get the ball rolling on your new modular home! Many banks also have their own policies on progress payments; how much and when they will pay. It is also important for you to know that Tasbuilt is able to negotiate with your bank to arrange your progress payments in a way that suits them. If you cannot raise the necessary equity or provide a guarantor, we would be happy to adjust the progress payment structure, providing we have a secure contract and guarantee from your bank that they've approved your loan and will make the payment once the home is on site. **If you have any questions about financing your new home, contact us today on 1800 639 310!** [![](https://www.tasbuilthomes.com.au/volumes/images/_1700x500_fit_center-center_70_none/Screenshot-2024-07-02-112954.png)](https://www.tasbuilthomes.com.au/volumes/images/_1920xAUTO_fit_center-center_70_none/Screenshot-2024-07-02-112954.png) **Patrick Sullivan** **Home Finance Specialist** 0407 316 513 67 St John Street, Launceston 7250 [ ![](https://www.tasbuilthomes.com.au/volumes/images/elements/_200x200_crop_center-center_70_none/1852/call-to-action-brochures.webp) ### Get more information Get all the details you need, download our brochure today! REQUEST A BROCHURE ](https://www.tasbuilthomes.com.au/request-a-brochure) [ ![](https://www.tasbuilthomes.com.au/volumes/images/testimonials/_200x200_crop_center-center_70_none/1885/sands.webp) ### Customer Testimonials See what some of our other customers think... Testimonials ](https://www.tasbuilthomes.com.au/testimonials) [ ![](https://www.tasbuilthomes.com.au/volumes/images/plans/sheridan/_200x200_crop_center-center_70_none/580/917.webp) ### Visit our display homes Tour our display homes in Westbury and Old Beach. DISPLAY HOMES ](https://www.tasbuilthomes.com.au/display-homes)