Saltair selected as a CommBank Assessed Manufacturer for prefab home loans

CommBank’s Assessed Manufacturers list was created to give home buyers more clarity and confidence when choosing a prefab builder. For customers who sign a fixed-price contract up to $1.5 million with a CommBank Assessed Manufacturer, the bank can provide:

• Progress payments of up to 80% of the contract price or
• Up to 150% of the land equity (whichever is lower)
• Before the home is affixed to the land

For projects using non-assessed manufacturers, those limits are lower (up to 60% of the build price or 120% of land equity).

In practical terms, this means Saltair clients who finance through CommBank may be able to access more funding earlier in the build, better matching the way prefab projects actually work – with a significant portion of value created in the factory, before anything arrives on site.

Being listed as a CommBank Assessed Manufacturer helps to:

• Reduce upfront cash strain for households who would otherwise need to fund a large share of factory work themselves

• Align loan drawdowns with real construction milestones in our offsite process
• Provide extra confidence to first-home buyers and owner-builders who are new to prefabricated housing
• Speed up decision-making, with a major lender already familiar with our building model

Combined, these changes make it more straightforward for Saltair clients to choose prefabrication not just for the design and construction benefits, but with clearer, more supportive finance behind them.

CommBank has already highlighted Saltair’s work through its Brighter Magazine, featuring one of our Sunshine Coast hinterland homes – a prefabricated design for Rob and Jacqui Wootton overlooking the Obi Obi valley.

In the article “Prefab: The housing trend turning heads”, the home is profiled as an example of how modern prefab can deliver:

• Architectural flexibility on a steep, challenging site
• The ability to customise layout and finishes without compromising design
• The benefits of factory-controlled quality, speed and reduced waste

The story also includes commentary from Saltair’s marketing manager, Billie Higgins, on the advantages of building in a controlled environment – from improved quality control to reduced material waste and the ability to service remote locations under housing pressure.

The same home has been recognised with HIA and Master Builders awards, reinforcing that prefab can deliver not just efficiency, but architecture and liveability that stand up against the best of traditional construction.

You can read the CommBank feature here: Prefab: The housing trend turning heads.

CommBank has publicly acknowledged that prefabricated housing can help address Australia’s housing shortage by delivering more homes, more quickly, with better cost and program certainty.

Saltair shares that belief. Our focus is on:

• Design-led modular homes tailored to site, slope and lifestyle
• Reliable, factory-based delivery that shortens time on site
• Robust, energy-efficient construction suited to Australian conditions

Being recognised as a CommBank Assessed Manufacturer, and having our work showcased in Brighter, reflects both the maturity of our own systems and the growing acceptance of prefab as a mainstream, financeable way to build.

If you’re considering a Saltair home and planning to finance through CommBank, our team can help you:

• Explore design options and pricing
• Understand how the prefab construction loan process works
• Align your project timeline with key finance milestones

This new partnership is one more step toward making high-quality, architecturally considered prefab homes easier to access for more Australians.