Chat with us, powered by LiveChat

Planning Your Modular Home Loan

From our experience, we recommend that you approach your bank or credit union very early in the building process and make them aware of your intentions and how much you will be needing to loan. Depending on your equity and overall financial situation, the institution will then advise how they can assist you.

It will be necessary to explain to the bank that they will be financing a fully completed new home, no different at all to a new home which may be built on site (it is not a kit home).

Banks will often advise that they will not release any payment to the builder until the home is fully completed, or at least installed on site. We are able to work with this arrangement on the condition that the bank will provide us a copy of the loan approval and a ‘to-be-built’ valuation.

If the bank will not release payments until practical completion of the project, a 1% finance surcharge will be included in your investment to cover our financing costs.


Helping you source a loan for your modular home

Westbuilt has developed a working relationship with Aussie Home Loads and the Regional Australia Bank. You can contact either Trina Farren-Price or Daniel Meyer on the details below. Both Trina and Daniel understand the challenges of financing a relocatable home and will be able to work with you and help you get the best rates possible.

FAQ: Do banks finance modular homes?


Aussie Home Loans Manufactured Home Finance Assistance Sheet


If you have your own vision for your house, we are happy to work with you to design the perfect layout that is tailored just for you.


Request a fitting


We can help, fill out you details here and we will get back to ASAP!

  • This field is for validation purposes and should be left unchanged.

How can we help?

Our friendly team would love to hear from you! Please tell us below how we can best assist you.

  • This field is for validation purposes and should be left unchanged.
Looking for information on pricing for modular homes? Click this link to go to the pricing page