Browse Forums Owner Builder Forum 1 Sep 09, 2015 8:09 am Hello! I am hoping for some advice from experienced owner builders. Our plans are in council to extend our existing house and we contacted our bank about finance and have become a bit disheartened (wish to go owner builder as husband is a carpenter of 20 years + we have a wealth of tradespeople friends we would like to assist with our job). Can anyone recommend a bank that is willing to lend to owner builders these days? Or should we be looking at a broker? Have any owner builder carpenters been in our situation in regards to finance and completed a speedy course to obtain their builders licence? If so, any recommendations? Could we get a builder friend to assist with ticking boxes to obtain finance? Any advice/ comments are appreciated! Thank you, Re: Advice for Owner Builder Finance 2Sep 10, 2015 9:34 pm NAB can give you up to 80%. Westpac up to 60%. Brokers can find you more flexible lander but for higher - up to 10% interest. After completion you can refinance with one of the big banks for lower interest rate. Hope this helps. Good luck. you were just referred to get advice from your solicitor. This is a legal matter. Separately, why would you use a buyers agent for a house and land package? 3 57598 Hi VK, Think it's worth investing time in an Owner Builder course to equip you with basic knowledge on Australian Building Industry and its regulations. Also, I suggest… 11 23390 |