Financing Self-Build Prefab Home

What is a Prefab Home?

A prefab home offers a fast and efficient way to build your dream home. Whether it is a home for starters, caregivers, or seniors, we offer attractive mortgage terms for both private buyers and collectives.

Advantages of a Prefab Home

Prefab homes are produced in a factory or workshop and then assembled on site. This has several advantages:

  • Cost-efficient: Fewer on-site labor hours means lower costs.
  • Faster construction time: The construction time is on average one year shorter.
  • Less double housing costs: You save on double housing costs due to the shorter construction time.
  • Durable: Less CO2 emissions and construction waste.
  • Completion guarantee not mandatory: Flexibility in the construction phase.

Types of Prefabricated Homes

Prefabricated houses can be built in two ways:

  1. Elementary Construction: Various components such as walls, floors and roofs are assembled separately on site.
  2. Modular Construction: A complete home is built in the factory and installed on site.

Mortgage conditions for prefabricated homes

We offer specific mortgage conditions for prefabricated homes:

  • Maximum financing based on income: 90% of the maximum mortgage according to the standard norm.
  • Construction company requirements: Affiliated with Bouwgarant or the Woningborg Group.
  • Payment structure: 100% of the contract price will be paid after delivery.
  • Insurance: CAR insurance is mandatory.

The Process of Self-Build Prefab Home

  1. Buy Plot: Make sure you have a plot with an environmental permit.
  2. Prefab Builder Appointment: Choose the type of home with your prefab builder.
  3. Construction contract: Draw up an agreement with the builder.
  4. Placement of HomeThe builder places the house and provides facilities such as water, gas and electricity.
  5. Financing: The mortgage amount is deposited in a construction fund, which is available for a maximum of two years. It can be extended by one year if necessary.

Self-build in own management

For customers who prefer to build their own home:

  • Maximum financing based on income: 80% of the maximum mortgage.
  • Debt-to-market value ratio: 80%.
  • Construction budget: Drawn up by an architect, contractor or calculation company.
  • Type of property: semi-detached or detached house.
  • Insurance: CAR insurance is mandatory.

 

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