Factory stage
A large portion of your home is built in a controlled factory environment, often in parallel with your site works.
Specialist build lending
Modular Home Finance, Made Clear.
Finance for modular, prefabricated and factory built homes across Australia.
Modular homes can be faster, smarter and more efficient to build, but the finance can be more complex than a standard construction loan. Level Up Loans helps you understand what funds may be available during the factory stage, what cash you may need, and how to structure the loan so the project flows.
The basics
What modular home finance actually means.
Delivery and fix
Modules are transported to your land and fixed to the foundations, then finished on site.
Handover
Final connections, certifications and handover, ready for you to move in.
Interactive tool
Modular Home Finance Calculator.
Estimate what funds may be available during the factory build stage and whether you may need cash savings to bridge the gap. This is a guide only and does not consider your full personal situation.
Calculator outputs are estimates only. Final loan amounts, progress payment release and cash requirements depend on the lender, builder contract and your personal position.
Your journey
How we work through a modular build with you.
1. Initial strategy call
We understand your land, builder, budget and goals.
2. Builder and contract review
We look at the contract, payment schedule and factory terms.
3. Lender matching
We match your project with lenders comfortable with modular builds.
4. Application preparation
We structure documents to give your application the best chance.
5. Approval and progress payments
We help manage drawdowns through factory, delivery and fix.
6. Ongoing review
Once you settle in, we review your loan as rates and life change.
Related lending
Often paired with a modular build.
FAQ
Modular home finance questions.
What is modular home finance?▾
Modular home finance covers loans used to fund prefabricated or factory built homes. These projects often need a different loan structure to a standard construction loan because much of the build happens in a factory before delivery to your land.
Why is modular finance harder than a normal construction loan?▾
Most standard construction loans release funds in stages on site as work is completed and valued. With modular homes a large portion of the build happens off site, so some lenders may be cautious about releasing funds before the home is delivered and fixed to your land.
Do I need cash savings to start a modular build?▾
Often yes. Many builders require a deposit and progress payments during the factory stage. Depending on the lender, you may need to fund some of these payments from your own savings or other sources before lender progress payments begin.
Can I borrow against the land while the home is being built?▾
Your land may be financed separately or as part of the overall structure, depending on the lender, location, title, zoning, services, builder contract and your overall position. The modular build may be funded as a separate or combined facility.
Which lenders do modular home loans?▾
Only some lenders are comfortable with modular and prefabricated homes, and their policies vary. We help you compare options based on your builder, contract, deposit position and timeline.
Can I use equity in another property to fund the modular build?▾
Often yes. Equity from an existing home or investment property can sometimes be used to help fund the deposit, factory payments or overall build. This depends on available equity, income and lender policy.
How long does a modular build usually take?▾
Timelines vary by builder and design, but many factory builds are faster than traditional builds because site works and factory works happen in parallel. Your builder is the best source of an accurate program.
When should I speak to Level Up Loans?▾
Ideally before you sign a builder contract or pay a deposit. Early advice means we can model the numbers, check lender appetite for your chosen builder, and structure the loan so the project flows smoothly.
Next step
Talk to a broker who understands modular builds.
A short, no obligation call to discuss your land, your builder and what finance may be available. We will be upfront about what is likely and what is not.
This information is general only and does not consider your personal situation. Lending options, approval requirements, interest rates, progress payment release and loan amounts vary by lender and can change at any time. Level Up Loans does not provide legal, building or tax advice. You should confirm all build and contract requirements with your builder, solicitor and accountant before proceeding.