There’s exciting news for anyone planning to build a prefab modular home with Anchor Homes: obtaining finance for your dream home build has just become easier and more accessible!
We’re proud to announce that Anchor Homes is now officially recognised as a Commonwealth Bank (CommBank) Assessed Manufacturer. This accreditation is awarded only to prefab modular builders that meet CommBank’s rigorous quality, financial, and operational standards.
For our clients, this means obtaining a modular home loan for an Anchor Home is now simpler and more flexible than ever before. It enables more Australians to discover the quality and innovation that have made us one of the country’s leading modular home builders.
What Being a CommBank Assessed Manufacturer Means
To become a CommBank Assessed Manufacturer, prefab home builders must meet strict requirements that demonstrate quality, credibility, and financial stability.
Anchor Homes has been recognised for meeting these key criteria:
✅ Operating a fully established onshore manufacturing facility
✅ Demonstrating sound financial performance
✅ Undergoing and passing a factory inspection by CommBank
For our clients, this recognition means complete confidence when choosing Anchor Homes. You can feel assured knowing we have been independently assessed and approved by one of Australia’s most trusted financial institutions.
Benefits For Anchor Homes Clients
One of the biggest advantages of this recognition is the improved access to modular home lending for our clients.
A prefab home loan with CommBank now works much like a traditional construction loan, with funds released in stages as the build progresses. The key difference (and the major benefit for our clients) is that building with a CommBank Assessed Manufacturer like Anchor Homes unlocks a far higher level of funding during the offsite construction phase. This means you have the opportunity to access up to 80% of the build contract price before the home even reaches site, with the balance released once the home is installed and fixed to the land.
For those building with non-assessed modular builders, funding is more restricted, and capped at up to 60% of the contract price or 120% of the land value, whichever is lower.
This shift represents a significant step forward for prefab home finance, helping overcome one of the biggest historical challenges: limited funding before delivery and installation.
|
Builder Type |
Commbank Offsite Construction Funding Access |
Result |
|---|---|---|
| With a CommBank Assessed Manufacturer (e.g. Anchor Homes) | Up to 150% of land value (less any land debt) or 80% of contract price —whichever is lower | Higher funding access during factory build |
| With a Non-Assessed Manufacturer | Up to 120% of land value (less any land debt) or 60% of contract price —whichever is lower | Reduced funding access during factory build |
With Anchor Homes, clients gain the advantage of working with a trusted, assessed manufacturer, giving them access to a more flexible and supportive modular home lending structure.
Why Financing Modular Homes Was Historically Challenging
In the past, obtaining finance for a modular home was often more challenging than financing a traditional on-site build. Since prefab modular homes are constructed off-site in a controlled facility, lenders had less visibility compared to conventional builds.
Because the home wasn’t being built directly on the land, banks didn’t have the same level of security they typically rely on during a standard construction process. As a result, many lenders restricted funding until the modular home was delivered and permanently fixed to the land.
Now, that is changing. Major banks that finance modular homes, such as CommBank, have modernised their lending models to support the modular construction process.
The Anchor Homes Advantage
With improved prefab home loan options and the confidence of working with a CommBank Assessed Manufacturer, our clients at Anchor Homes enjoy a range of key benefits:
✅ Higher funding access during construction – as a CommBank Assessed Manufacturer, our clients can access greater funds during the offsite build stage compared to non-assessed builders.
✅ Clear documentation and progress updates – we provide your lender with the information they need at each build stage, ensuring everything runs smoothly.
✅ Reliable build schedule – our offsite construction process reduces weather delays and ensures predictable timelines that align with modular loan milestones.
✅ Proven quality and trust – our assessment by CommBank reflects our financial stability, onshore manufacturing standards, and long-standing reputation for quality.
✅ A smoother journey from start to finish – while clients arrange their own finance directly with their chosen lender, we guide you through every build stage to make the process simple and stress-free.
Build Your Future Home with Anchor Homes
At Anchor Homes, we believe building your dream home should be an stress-free and exciting experience. As innovators in prefab modular construction, we’re proud to see a major lender like Commbank recognising the quality, efficiency, and reliability that has defined our work for years.
Our recognition as a CommBank Assessed Manufacturer is more than just an accreditation, it’s a reflection of the standards we hold ourselves to every day. For our clients, it represents trust, confidence, and the freedom to build in a smarter, more accessible way.
Contact our experienced team to take the first steps to building your new modular home today!
Disclaimer: We are not a lending institution or broker and cannot offer you financial advice. We have shared this information to be helpful to you and we do not make any guarantees as to your ability to obtain finance.
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