Finance Options
Tasbuilt can help you
Posted On
- May 01, 2017
We offer finance options to help make your Tasbuilt Homes experience even easier.
Fixed Price Build helps with Financing
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 simply constructed off-site, and then installed permanently on concrete and steel foundations and services connected just like a regular construction. The whole project is covered under a fixed price builders contract, and Tasbuilt is a fully licensed Tasmanian Builder, with all relevant insurances required by the banks.
If your bank is not sure about the Tasbuilt Home process, you can ask them to contact us for more information. A quick phone-call can often help clear up any queries and the get the ball rolling on your new home!
We offer flexible progress payments to suit your bank
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 the bank
If you are unable to raise the necessary equity or provide a guarantor then 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.
A small administration fee of 0.5% of total contract value is applicable for this change in progress payment structure, to cover fees and charges associated with bridging the finance in these circumstances.
More information on finance options here.
If you have further questions about financing a Tasbuilt home, contact us today on 1800 639 310.
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