Wanting to manage your own build?
Owner Builder Loans are specially designed to fund construction of your home while you act as your own general contractor or Home building Project manager to complete some of the construction yourself or simply “Manage” the Trades and Professionals yourself. Saving money, controlling quality and greater control over your project are three major reasons why you might be interested in becoming an Owner Builder. Without a general contractor, there are no overhead fees and profit to pay. Brokers at Intellichoice Financial Services love Owner Builder Loans, and previous Intellichoice clients have told us they had to knock on a lot of doors that were quickly closed before finding us. Construction loans and particularly Owner builder loans can be tricky for lenders as often there are multiple stages which put them in the ‘too hard basket’. So how difficult is the process? You will need to build a construction budget, hire sub-contractors, price and purchase materials and oversee the construction phase. Sound like fun? We’ll help source the funding for your build using Owner Builder home loan solutions tailored to your needs. Our door is open. Click on our Online Form to have someone contact you about Owner Builder Loans, or Apply Online for speedier service. Keep watching Owner Builder Loans videos for more information…
