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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