Austwide Homes works closely with various mobile lenders, who understand the manufactured home process and can help you to navigate through the process with ease. Get in touch with our staff today, to get moving on your dream home for you and your family.
For the purposes of this instruction only, a transportable residential home is a small to medium sized single dwelling that is manufactured in a workshop in two or more parts and has the following features :
The table below can be used to determine when credit facilities may be funded against the security of a mortgage over real property upon which a transportable home is to be, or has been, affixed.
If the building is |
Then funds cannot be released until |
---|---|
An existing and fully installed transportable home. | - All applicable documentary procedures have been completed and documents signed, including the statement of permanent fixture. |
A transportable home to be installed. | - All applicable documentary procedures have been completed and documents signed, including the statement of permanent fixture. - It has been confirmed by inspection of the site that the building is fully installed (ie. placed on fixed foundations or secured to concrete pads (not bolted)) and services connected. |