Tiny House Loans In Australia Getting a tiny house loan has been a big concern of tiny house dwellers in Australia for some time. In this article we outline what documents you need and the process for getting a tiny house loan in Australia. 📚 ContentsTiny House ComplianceTiny House Loan ApplicationsTiny House Loan ProvidersTiny House Plan Approval Tiny House Compliance The first thing you will need is proof that your tiny house complies with the building code, which comprises a Certificate of Design, in the case of tiny houses, and a Certificate of Occupancy. This is required under State or Territory law. To prove that your tiny house complies with the building code you will need to submit plans for compliance assessment to either an engineer or certifier in your state/territory who has been approved by their local authority. The tiny house must also comply with the relevant state or territory energy efficiency requirements. Tiny House Loan Applications Once you have proof of your tiny house complying with the building code, you will need to collect together all your financial documents and provide copies to your tiny house loan provider. For example, proof of income for ALL members in the tiny house household, proof of savings, proof of your tiny house being your primary place of residence, proof that you have no other outstanding debts or loans. These documents will be required to prove that you are a good candidate for the tiny house loan. Tiny House Loan Providers Once you have all this information, sit down with your tiny house loan provider to discuss how much money they are willing to offer and what terms they are willing to offer it at. For example, tiny house loan providers may be willing to offer interest-only tiny house loans for small amounts of money (low five figures). If you’re borrowing over $80k then the tiny house loan will need to be fully amortised. Tiny House Plan Approval Once you have your tiny house loan in place, get your tiny house plans approved by your tiny house loan provider. That is, they must approve the tiny house plans and satisfy themselves the tiny house will align with their requirements for security of tiny house loans. Don’t forget to ask about ongoing tiny house loan payments and any fees and charges incurred along the way by your tiny house loan provider (e.g. tiny house loan establishment fees, tiny house loan redraw fees, tiny house loan discharge fees). A tiny house loan can be a great tool for getting your tiny house off the ground and onto solid financial ground. Just make sure you get all of your details right and discuss them with your tiny house loan provider before signing on the dotted line. Good luck!