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Once you know what it is you wish to build, You'll need to work out how you are going to finance it. There are a number of options of how you can do this. We can introduce you to the right people for the job. It's not normally an easy process to finance OWNER BUILDER homes, but we've helped hundreds of clients make their dream come true.
There are a few things you'll need to get together to get your finance approved, and there are a couple of ways you can do it. The two main types of loans are LOW DOC and FULLY VERIFIED. A basic explanation of the difference between these and what you will need to put together for each is outlined below:
This product is for individuals who have a good income and can prove their employment can sustain the repayments on the amount they wish to borrow.
These are for individuals who have an ABN who may not necessarily have proof of income but are making enough money to sustain the repayments on the amount borrowed.