Finance for Transportable Home

Hi Everyone,

Can you help. We have a block of land that we're about to subdivide in Ipswich and we're looking at having a new transportable home built off site then installed onto our block. Reputable builder - been doin this type of thing for twenty yrs. Council O.K with it providing we go through the correct channels. The biggest problem at present is getting the $120K financed. Seems like all the banks we've spoken to don't want to lend on something that may be removable. Have found on financial institution who will loan for the product once it's installed on site but not before and certainly no progress payments. Has anyone out there done this before and any recommendations for finance.

Cheers Bullfrog
 
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