“It’s not a house, it’s a home”. These words, made famous from the classic Australian movie ‘The Castle’ prompt one important question – what is it that makes a home? Well, there’s no one thing that can define a home, but certainly having a comfortable place for your family to live is one answer, a safe place to retreat to at the end of a long day is another, but what if it means to truly own the property…a home to call your own.
Whilst it’s more common for Australian’s to simply purchase an existing residence, there is always the option to simply build the house, and make the home truly yours from day one. If you’re a person who is looking to build your own home, it’s important to understand the financial implications.
This is how ACHL can help.
We understand the intricacies of construction finance and the variances from traditional home loans. For instance, construction finance requires payments at certain stages to ensure the contractors are paid on time and the building remains on schedule. This means working closely with all the stakeholders to work out the best solution for all parties.
As a mortgage brokerage, we help borrowers obtain the right finance option from our panel of over 40 lenders. We then help our clients navigate the tricky lending landscape, assisting with the paperwork and dealing with key stakeholders (including lenders) on your behalf.
If you’re thinking of building your own home, make sure you get in touch with us today.