Owner Builder Finance
Rivergum offers Owner Builder finance to 80% of the valuation of your property for the construction of your own home.Banks and traditional lenders will only lend on the contract price of construction ie total of costs.Rivergum's panel valuers work on the basis of the market value of your property upon completion not the construction costs.Additionally banks and other lenders will only provide approximately 50% to 65% of the cost of the project,generally well below the required funding.
Owner Builders can save from 15% to 30% of the cost of building a new home .
Research among our Owner Builder clients indicate savings of $50,000 to $80,000 in the construction of a new home, which can effectively reduce the time of paying off the family home by many years.
Rivergum offers Owner Builder finance to both PAYG and self-employed applicants, with a fully verified loan or a Low Doc loan, at very competitive interest rates through well known and respected lenders.
Our simple application process allows applicants to gain an Approval In Principle prior to making any firm committment to formal approval.
In order to discuss Owner Builder finance simply fill in the Contact Page and submitt and Rivergum will contact you as soon as possible..
To obtain more Owner Builder information and application forms click onto the following and download
1) Owner Builder Finance Application Form
2) Income Declaration Forms for Low Doc
3) Home Building Systems Application Form
4) 100% Money Back Guarantee
5) Home Building Systems Presentation
6) Documentation requirements for Finance Applications
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