Finance for a home built off site.

Modular and prefab homes are built in a factory and craned onto your block. Lenders treat that differently from a standard build, and a tiny home on wheels differently again. We work out which loan fits before you sign with the builder.

Tiny or modular? Different loans.

A lender looks at a home on wheels and a home on stumps as two different things. Which one you're buying changes the whole application.

A tiny home on wheels

Usually a personal or asset loan, much like a caravan. The home itself is the security, not land. See asset finance.

A modular home on your land

Usually a construction loan. The lender looks at the land, the builder's contract and how the payments are staged.

A single-storey modular home with lit windows at dusk, at the end of a gravel driveway on a rural block

What we map for a modular build.

Payments follow the build

Off-site builders often ask for bigger payments early, while the home is still in the factory. Not every lender will pay out before the home is on site, so the lender you pick matters.

Land and home together

Already own the land? It can help as security. Buying land too? The land and the build can be planned as one loan.

The builder's contract

Lenders want to see what's included, what isn't, and what's left for you to arrange on site, such as footings, connections and driveways.

Valuation

The lender values the finished home on your land. We check early that the valuer and the lender are comfortable with a modular build.

A crane lowers a dark modular home towards steel piers on a rural block under a grey sky

Before you sign a build contract.

Have these four things worked out first. It saves a lot of back and forth later.

Wheels or land
The builder's payment schedule
Your land details
A lender that funds off-site builds

We work with Bespoke Modular Living.

Bespoke Modular Living designs and builds modular homes, granny flats and DIY steel frame kits in Melbourne. We've worked alongside them since the Bendigo Tiny Home Expo.

They design and build the home. We arrange the finance. Bring us your quote, their payment schedule and your land details, and we'll tell you which lenders will fund it.

Bespoke Modular Living is a separate business. Questions about designs, inclusions or build times are best answered by their team.

Visit bespokemodularliving.com.au

Modular home FAQs

Can I get a home loan for a modular home?

Often, yes, when the home is fixed to land you own or are buying. It's usually set up as a construction loan. The lender's policy on factory payments is the part that varies most, so we check it before you commit.

Why can't I use a home loan for a tiny home on wheels?

A home on wheels isn't attached to land, so most lenders don't treat it as residential property. It's usually financed like a vehicle or caravan, with different rates, terms and checks.

Do I need to own the land first?

No. You can buy the land and the home together, or use land you already own. Each one is structured differently, which is why it helps to talk to us before you pay a deposit.

Do I have to build with Bespoke Modular Living?

No. We can help with finance for any modular or prefab builder. We work with Bespoke Modular Living because their buyers often need this kind of loan.

General advice disclaimer. The information on this page is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether it is appropriate for you before acting on it, and seek professional advice where relevant. Lender criteria, fees and charges apply. Bespoke Modular Living is a separate business and does not provide credit assistance. Tesseract Finance Pty Ltd (ABN 90 684 948 801) trading as Hypercube Finance is a Credit Representative (CRN 000567536) of Finsure Finance and Insurance Pty Ltd, Australian Credit Licence 000384704.

Looking at a modular home?

Book a 30-minute discovery call. Bring your quote and land details, and we'll tell you which lenders fit the build. There's no cost or obligation.

Book a discovery call