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MRT 2 · Financing Self-Build Homes
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Financing Self-Build Homes
Stage payment process, arrears vs advance-basis, and why selfbuild is specialist lending.
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Key points
Question 3
Which term matches: "funds released in stages as build progresses"
Question 4
What does "Stage payments" mean?
Question 5
Match each term in "Key points" to its meaning
Tap a term, then tap its matching definition.
Question 6
Fill in the blank
______ — Funds released after each stage is complete (lender inspects)
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What the exam tests
Stage payment process, arrears vs advance-basis, and why selfbuild is specialist lending.
Question 8
True or false?
Stage payment process, arrears vs advance-basis, and why selfbuild is specialist lending