Road-legal = Finance Approved
- The Mobi Mansions Team
- Jun 23
- 1 min read
When it comes to financing your new tiny home, it can be a struggle to get approval if you do not own the land or any other fixed assets (property). Big banks wants fixed asset security which a number of people do not have. Second tier lenders however, will finance your tiny home if it is road-legal. Because our homes are "vehicles", NOT "buildings", they fall under vehicle (like cars and boats) finance with no cap.
Working with an experienced broker to navigate this process can make the difference between success and failure. Obviously the normal conditions of a good credit rating, stable fixed income and other standard criteria apply to your application. If you are keen to see if you can get finance, contact us and we will recommend excellent brokers who may be able to assist.
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