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How to get a Mortgage for a DIY Home Build ⎥ Ep. 2196

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Manage episode 506462951 series 2620646
Content provided by Opes Partners. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Opes Partners or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Building your own home sounds like a dream, but getting the bank on board is often the hardest part.

In this episode, Ed and Andrew break down exactly how to secure finance if you want to go DIY, including what deposit you’ll need, how the money gets released, and the big risks banks worry about.

You’ll learn:

  • Why most banks get nervous when you pick up the hammer yourself
  • The 3 key risks (completion, compliance, and valuation) you’ll need to manage
  • Practical strategies that make banks more likely to say yes

If you’re considering building your own home, this episode gives you the tools to understand how lenders assess the risk — and how to set yourself up for success.

Don't forget to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠create your free Opes+ account here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

For more from Opes Partners:

  continue reading

2256 episodes

Artwork
iconShare
 
Manage episode 506462951 series 2620646
Content provided by Opes Partners. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Opes Partners or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Building your own home sounds like a dream, but getting the bank on board is often the hardest part.

In this episode, Ed and Andrew break down exactly how to secure finance if you want to go DIY, including what deposit you’ll need, how the money gets released, and the big risks banks worry about.

You’ll learn:

  • Why most banks get nervous when you pick up the hammer yourself
  • The 3 key risks (completion, compliance, and valuation) you’ll need to manage
  • Practical strategies that make banks more likely to say yes

If you’re considering building your own home, this episode gives you the tools to understand how lenders assess the risk — and how to set yourself up for success.

Don't forget to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠create your free Opes+ account here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

For more from Opes Partners:

  continue reading

2256 episodes

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