Is there a lender out there that will lend against a new home built in a yard an then transported to your land??
Yes there is dependant in which State the property is.
Cheers
Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner.
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Qld
You would get max 80% LVR in Qld
Cheers
Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner.
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Thanks again Richard
I got 95% finance doing this, i am presuming that it is a relocatable home, once the bank came around to value it, it did not look like a relocatable home anymore, it just looked like a normal home, they didnt care
George think you may have misunderstood the post.
You can get 100% finance if the house is been relovated to the land and the Bank fund it then. Jett was referring to a transportable house built in the yard and financing it prior to being moved.
You will not get LMI so > than an 80% lend is out of the question.
Cheers
Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner.
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
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