Be Aware of the Policies and Procedures around your Loans

When it comes to major home remodelling or renovations, it’s common to apply for a loan to finance your project… But be aware of the policies around these loans. Simply having a deposit does NOT guarantee you a loan. Some banks have restricted their finance criteria and might now only lend up to 65% of the purchase price. When it comes to looking through financing options, it really does pay to do your research. Have a clear budget with potential builders and discuss this as part of your loan appointment with your bank. For more tips, download our eBook: “6 Ways to Reduce Risk on your Construction Project” ~ http://bit.ly/6ways-to-reduce-risk.
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At Australasian Home Developments, we are a proud group of construction industry professionals and builders set out to revolutionise the way homes and commercial properties are built here in Melbourne, Australia. If you are looking for a hands-on building industry collaborator who can step in at any time during your project to provide complete oversight and control over every aspect of the project from concept to completion, both in the residential and the commercial sphere, then contact us today.
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