What are my options if I have bad credit?

If you want to build a modular home but you have bad credit, it may be harder to get finance. But standard home loans and construction loans have options available for borrowers with bad credit, so speak to those lenders upfront to see if they cater for modular homes. It may be harder though as modular homes can't be used as security until they're on the land, which increases the risk to the lender. Alternatively, you may need to save up a much larger deposit and only rely on a smaller amount of finance. If you're ever in doubt, speak to a mortgage broker.

Can I buy a modular home for my first home?

You may need a higher deposit to counter the risk to the lender, but otherwise you should be able to get a modular home as your first property. First home buyers often buy with a home and land package, so it would just be a case of confirming with lenders whether they would be ok offering this for a modular home.

How to get a loan for a modular home in Australia

1 - 20 of 118

Name

Finder Score

Interest Rate p.a.

Comparison Rate p.a.

Fees

Monthly Payment

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only5% min. depositOffset account

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only5% min. depositOffset account

Product Name	Aussie Activate Near Prime Home Loan
Interest Rate Type	Variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	10.34%
Comp. Rate p.a.	10.65%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	95%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

3.5 Basic

Interest Rate

10.34%

Comparison Rate

10.65%

Fees

Application: $599
Ongoing: $0 p.a.

Monthly Payment

$1,355

Compare

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only10% min. depositOffset account

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only10% min. depositOffset account

Product Name	Aussie Activate Near Prime Home Loan
Interest Rate Type	Variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	10.04%
Comp. Rate p.a.	10.35%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	90%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

3.9 Basic

Interest Rate

10.04%

Comparison Rate

10.35%

Fees

Application: $599
Ongoing: $0 p.a.

Monthly Payment

$1,322

Compare

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only15% min. depositOffset account

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only15% min. depositOffset account

Product Name	Aussie Activate Near Prime Home Loan
Interest Rate Type	Variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	9.74%
Comp. Rate p.a.	10.05%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	85%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

4.3 Basic

Interest Rate

9.74%

Comparison Rate

10.05%

Fees

Application: $599
Ongoing: $0 per month

Monthly Payment

$1,289

Compare

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only15% min. depositOffset account

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only15% min. depositOffset account

Product Name	Aussie Activate Near Prime Home Loan
Interest Rate Type	Variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	9.74%
Comp. Rate p.a.	10.05%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	85%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

4.3 Basic

Interest Rate

9.74%

Comparison Rate

10.05%

Fees

Application: $599
Ongoing: $0 p.a.

Monthly Payment

$1,289

Compare

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only20% min. depositOffset account

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only20% min. depositOffset account

Product Name	Aussie Activate Near Prime Home Loan
Interest Rate Type	Variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	9.54%
Comp. Rate p.a.	9.85%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	80%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

4.5 Basic

Interest Rate

9.54%

Comparison Rate

9.85%

Fees

Application: $599
Ongoing: $0 p.a.

Monthly Payment

$1,267

Compare

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only20% min. depositOffset account

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only20% min. depositOffset account

Product Name	Aussie Activate Near Prime Home Loan
Interest Rate Type	Variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	9.54%
Comp. Rate p.a.	9.85%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	80%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

4.5 Basic

Interest Rate

9.54%

Comparison Rate

9.85%

Fees

Application: $599
Ongoing: $0 p.a.

Monthly Payment

$1,267

Compare

Aussie Activate Prime Home Loan

Principal & InterestInterest only5% min. depositOffset account

Aussie Activate Prime Home Loan

Principal & InterestInterest only5% min. depositOffset account

Product Name	Aussie Activate Prime Home Loan
Interest Rate Type	variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	9.34%
Comp. Rate p.a.	9.55%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	95%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

4.8 Basic

Interest Rate

9.34%

Comparison Rate

9.55%

Fees

Application: $0
Ongoing: $0 per month

Monthly Payment

$1,245

Compare

Gateway Bank Investment Construction Loan

Interest only5% min. depositInvestmentOffset account

Gateway Bank Investment Construction Loan

Interest only5% min. depositInvestmentOffset account

Product Name	Gateway Bank Investment Construction Loan
Interest Rate Type	variable rate
Repayment Type	Interest Only
Interest Rate p.a.	9.18%
Comp. Rate p.a.	9.25%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,000,000
Maximum Loan Term	30 years
Maximum LVR	95%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

4.8 Basic

Interest Rate

9.18%

Comparison Rate

9.25%

Fees

Application: $200
Ongoing: $0 p.a.

Monthly Payment

$1,228

Compare

Coastline Bank Construction Loan

Interest only10% min. depositOwner-occupier

Coastline Bank Construction Loan

Interest only10% min. depositOwner-occupier

Product Name	Coastline Bank Construction Loan
Interest Rate Type	variable rate
Repayment Type	Interest Only
Interest Rate p.a.	9.04%
Comp. Rate p.a.	9.19%
Minimum Loan Amount	$0
Maximum Loan Amount	N/A
Maximum Loan Term	30 years
Maximum LVR	90%
Loan Redraw Facility	Yes
Offset Account	No
Split Loan Facility	No
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

4.9 Basic

Interest Rate

9.04%

Comparison Rate

9.19%

Fees

Application: $300
Ongoing: $0 per month

Monthly Payment

$1,212

Compare

Aussie Activate Prime Home Loan

Principal & InterestInterest only10% min. depositOffset account

Aussie Activate Prime Home Loan

Principal & InterestInterest only10% min. depositOffset account

Product Name	Aussie Activate Prime Home Loan
Interest Rate Type	variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	9.24%
Comp. Rate p.a.	9.45%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	90%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

5 Standard

Interest Rate

9.24%

Comparison Rate

9.45%

Fees

Application: $0
Ongoing: $0 per month

Monthly Payment

$1,234

Compare

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only25% min. depositOffset account

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only25% min. depositOffset account

Product Name	Aussie Activate Near Prime Home Loan
Interest Rate Type	Variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	9.14%
Comp. Rate p.a.	9.45%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	75%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

5.1 Standard

Interest Rate

9.14%

Comparison Rate

9.45%

Fees

Application: $599
Ongoing: $0 p.a.

Monthly Payment

$1,223

Compare

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only25% min. depositOffset account

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only25% min. depositOffset account

Product Name	Aussie Activate Near Prime Home Loan
Interest Rate Type	Variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	9.14%
Comp. Rate p.a.	9.45%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	75%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

5.1 Standard

Interest Rate

9.14%

Comparison Rate

9.45%

Fees

Application: $599
Ongoing: $0 per month

Monthly Payment

$1,223

Compare

Aussie Activate Prime Home Loan

Principal & InterestInterest only15% min. depositOffset account

Aussie Activate Prime Home Loan

Principal & InterestInterest only15% min. depositOffset account

Product Name	Aussie Activate Prime Home Loan
Interest Rate Type	variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	9.14%
Comp. Rate p.a.	9.35%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	85%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

5.1 Standard

Interest Rate

9.14%

Comparison Rate

9.35%

Fees

Application: $0
Ongoing: $0 per month

Monthly Payment

$1,223

Compare

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only35% min. depositOffset account

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only35% min. depositOffset account

Product Name	Aussie Activate Near Prime Home Loan
Interest Rate Type	Variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	8.94%
Comp. Rate p.a.	9.25%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	65%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

5.3 Standard

Interest Rate

8.94%

Comparison Rate

9.25%

Fees

Application: $599
Ongoing: $0 per month

Monthly Payment

$1,202

Compare

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only30% min. depositOffset account

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only30% min. depositOffset account

Product Name	Aussie Activate Near Prime Home Loan
Interest Rate Type	Variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	8.94%
Comp. Rate p.a.	9.25%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	70%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

5.3 Standard

Interest Rate

8.94%

Comparison Rate

9.25%

Fees

Application: $599
Ongoing: $0 p.a.

Monthly Payment

$1,202

Compare

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only35% min. depositOffset account

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only35% min. depositOffset account

Product Name	Aussie Activate Near Prime Home Loan
Interest Rate Type	Variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	8.94%
Comp. Rate p.a.	9.25%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	65%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

5.3 Standard

Interest Rate

8.94%

Comparison Rate

9.25%

Fees

Application: $599
Ongoing: $0 p.a.

Monthly Payment

$1,202

Compare

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only30% min. depositOffset account

Aussie Activate Near Prime Home Loan

Principal & InterestInterest only30% min. depositOffset account

Product Name	Aussie Activate Near Prime Home Loan
Interest Rate Type	variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	8.94%
Comp. Rate p.a.	9.25%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	70%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

5.4 Standard

Interest Rate

8.94%

Comparison Rate

9.25%

Fees

Application: $0
Ongoing: $0 p.a.

Monthly Payment

$1,202

Compare

Gateway Bank Construction Home Loan

Principal & Interest20% min. depositOwner-occupier

Gateway Bank Construction Home Loan

Principal & Interest20% min. depositOwner-occupier

Product Name	Gateway Bank Construction Home Loan
Interest Rate Type	variable rate
Repayment Type	Principal & Interest
Interest Rate p.a.	8.68%
Comp. Rate p.a.	8.75%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,000,000
Maximum Loan Term	25 years
Maximum LVR	80%
Loan Redraw Facility	Yes
Offset Account	No
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

5.4 Standard

Interest Rate

8.68%

Comparison Rate

8.75%

Fees

Application: $200
Ongoing: $0 p.a.

Monthly Payment

$1,174

Compare

Coastline Bank Construction Loan

Interest only20% min. depositOwner-occupier

Coastline Bank Construction Loan

Interest only20% min. depositOwner-occupier

Product Name	Coastline Bank Construction Loan
Interest Rate Type	variable rate
Repayment Type	Interest Only
Interest Rate p.a.	8.64%
Comp. Rate p.a.	8.79%
Minimum Loan Amount	$0
Maximum Loan Amount	N/A
Maximum Loan Term	30 years
Maximum LVR	80%
Loan Redraw Facility	Yes
Offset Account	No
Split Loan Facility	No
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

5.4 Standard

Interest Rate

8.64%

Comparison Rate

8.79%

Fees

Application: $300
Ongoing: $0 per month

Monthly Payment

$1,169

Compare

Aussie Activate Prime Home Loan

Principal & InterestInterest only20% min. depositOffset account

Aussie Activate Prime Home Loan

Principal & InterestInterest only20% min. depositOffset account

Product Name	Aussie Activate Prime Home Loan
Interest Rate Type	variable rate
Repayment Type	Principal & Interest Interest Only
Interest Rate p.a.	8.84%
Comp. Rate p.a.	9.05%
Minimum Loan Amount	$50,000
Maximum Loan Amount	$2,500,000
Maximum Loan Term	40 years
Maximum LVR	80%
Loan Redraw Facility	Yes
Offset Account	Yes
Split Loan Facility	Yes
Fixed Interest Option	No
Loan Portable
Extra Repayments	Yes

Finder score

5.5 Standard

Interest Rate

8.84%

Comparison Rate

9.05%

Fees

Application: $0
Ongoing: $0 per month

Monthly Payment

$1,191

Compare

Showing 20 of 118 results

Modular homes, or pre-fab homes, are homes that are built off-site in a factory or warehouse and then moved onto land.
These homes are more difficult to get finance for. You can often use a construction loan but you may need to pay a higher deposit as the bank can't use the property as security.
The Australian government wants to use pre-fabricated homes to reach its new homes target. This means banks are starting to make finance more accessible.

First, what is a modular home?

You know when you buy a piece of furniture from somewhere that isn't Ikea, it actually arrives already built and ready for use? A modular home is like that.

It's a 'prefabricated building' (try saying that 10x fast), also known as pre-fab or pre-made. Sections of the home are built in a factory or warehouse and then these 'modules' are moved on to your block of land. No on-site construction for you to worry about.

There are varying sizes of modular homes. They range from 1- or 2-bedroom properties, to big, beautiful mansions and even hotels and community buildings.

Building a modular home instead of a typically-constructed home can not only save on construction costs, but it's also much faster.

Do banks actually lend for modular homes?

It can be difficult to get a loan for a pre-fab home, but it is possible. You may be able to get a construction loan to cover the cost.

The problem with getting finance for modular homes is that because they're not built on site the lender can't use it as security. That's a risk for them.

It is possible to get finance, though. You'll just need to do your research and talk to lenders early on in the process. Some lenders have strict criteria on the types of homes they'll lend for. (For example, did you know it can also be harder to get loans for really small apartments?)

Big bank steps into loans for pre-fab homes

Although lenders have typically shied away from pre-fab loans, Commonwealth Bank recently announced it would offer a solution specifically for them.

This is off the back of a discussion at the end of 2024 where banks committed to addressing the barriers of financing pre-fab homes.

CommBank has said it will soon enable borrowers to access progress payments up to 80% of the total contract price. Currently, borrowers can be expected to fork out up to 90% of the price to pay for the home.

How can I get finance for a modular home?

The first thing you might need to get finance for is the land you'll be building your house on.

You'll need to check with specific lenders about whether they offer finance for modular homes. If they do, you'll need to confirm how much of the price they lender is willing to lend.

Finance for modular homes will usually come in the form of a type of construction loan.

You might be able to get a house and land package. This is where you take out a bundled loan to purchase the land and then pay for the construction.

Either way, construction finance works in a really specific way where the bank gives you the money bit by bit as the construction progresses.

Prefabrication homes are built in a different way where that doesn't really work, but some lenders will work with the borrower to come to an arrangement.

So how does financing work for modular homes?

As we said above, building a modular home doesn't fit with a typical construction loan payment schedule. Anchor Homes lists the standard schedule for a modular home as below:

5% - Contract and building permit

20% - Frame stage

25% - Lock-up stage

40% - Fixing stage

10% - Delivery, installation and site fit-off

What other financing options are there for modular homes?

It might be worth speaking to a mortgage or commercial broker about finding finance for your modular home.

You could be able to finance your modular home by borrowing against any existing properties you have. This is a risk in that the bank will use this as security and if anything goes wrong they could take the property.

Depending on how much money you have, you may also be able to take out a personal loan to pay off the rest of the property. You will be paying much higher interest rates though.

How much do modular homes cost in Australia?

There are a few factors to consider when it comes to how much a modular home costs:

The size of the home
Distance between build site of the home and destination
Material and customisations
Floor plan

HiPages estimates modular homes cost between $2,500 and $3,000 per square metre. In general it can start from $114,000 for an 85sqm 2-bedroom home with 1 bathroom. That's for your basic, run-of-the-mill home before you choose your customised upgrades to things like the inside materials, insulation or other features.

There are several Australian companies which supply modular homes, like Ecoliv Buildings. The homes start from $228,000 for 1- or 2-bedroom homes, but it also has more luxurious offerings from $656,000.

That's also before you actually move the home to your location.

The cost of transporting the home is usually around $1,000 per truck, per hour. As you can imagine, the number of trucks depends on the size of the house.

Tips for helping the modular home financing process run more smoothly

Speak to lenders early on in the process. As soon as you decide you want to build a modular home, start talking to lenders about whether they'll offer you finance. It will work in a different way to how they supply construction finance so talk to them about that.
Work with modular building suppliers. There are several companies in Australia that build modular homes. Engage in them early on to understand the process, so that you can have more helpful conversations with lenders. The companies may even know which lenders have experience with modular homes!
Get pre-approval. Once you know which lenders are willing to lend for modular homes and you have your estimates for the house from the supplier, it's important to get pre-approval.

Companies offering modular home building:

Frequently Asked Questions

If you want to build a modular home but you have bad credit, it may be harder to get finance. But standard home loans and construction loans have options available for borrowers with bad credit, so speak to those lenders upfront to see if they cater for modular homes. It may be harder though as modular homes can't be used as security until they're on the land, which increases the risk to the lender.
Alternatively, you may need to save up a much larger deposit and only rely on a smaller amount of finance. If you're ever in doubt, speak to a mortgage broker.

Thank you for your feedback!

Written by

Rebecca Pike

Senior Money Writer

Rebecca Pike is Finder’s senior money writer, with over 10 years of experience in mortgages and personal finance. A frequent TV and radio commentator, she frequently appears on Sunrise, A Current Affair, 9News, and Sky News, and contributes expert analysis to publications like Yahoo Finance and The Latch. Rebecca previously served as Editor of Mortgage Professional Australia. She has a Master’s degree in Journalism as well as ASIC-recognised certifications in Tier 1 Generic Knowledge and Tier 2 General Advice Deposit Products, which comply with ASIC guidelines. See full bio

Rebecca's expertise

Rebecca has written 215 Finder guides across topics including:

Home loans
Cost of living
Budgeting

More resources on Finder

How to repay a home loan faster Cheap home loans from 4.99%

Ask a question

Click here to cancel reply.

Display name

Your email (will not be published)

Your question

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More guides on Finder

Home loan cashback offers
Home loan cashback deals can help you refinance to a cheaper interest rate and get a lump sum cash payment. Compare the latest deals and check your eligibility today.
Calculate the income needed to buy a home in any suburb in Australia
Work out how much you need to earn to buy a house in any Australian suburb.
Historical home loan interest rates in Australia
We've compiled standard variable home loan rates from 1959 until 2024.
Current home loan interest rates in Australia
We compile the average home loan interest rates in the market and update them monthly.
Compare bank interest rates in March 2025
Compare current bank interest rates for home loans, credit cards, personal loans, savings accounts and term deposits to find the best deal for you.
Investment home loan rates
The best investor home loan rates that have been offered in years have hit the market. Compare investment property loan rates today.
Cheap home loans – rates from 4.99%
Find the cheapest home loan rates and learn how to decide which one best fits your needs and will save you the most money.
Best variable home loan rates
Find a great deal on a variable interest rate home loan from lenders large and small. Start comparing and saving today.
Best home loan rates – 6 expert picks
Learn how to compare rates to find the best home loan and start saving money on your mortgage today.
Best home loans with offset accounts
What is an offset account? It can save you thousands in interest and help you own your home sooner.

How to get a loan for a modular home in Australia

Modular homes save you time and money in building, if you can get the finance for it.

Key takeaways

First, what is a modular home?

Do banks actually lend for modular homes?

Big bank steps into loans for pre-fab homes

How can I get finance for a modular home?

So how does financing work for modular homes?

What other financing options are there for modular homes?

How much do modular homes cost in Australia?

Tips for helping the modular home financing process run more smoothly

Companies offering modular home building:

Frequently Asked Questions

What are my options if I have bad credit?

Can I buy a modular home for my first home?

Rebecca Pike

Ask a question

More guides on Finder

Important information about this website

Advertiser disclosure

How we make money

Sorting and ranking products

Terms of service and privacy policy