11-23-2013, 11:44 AM
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Yurt Forum Youngin
Join Date: Nov 2013
Posts: 1
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Financing a Yurt?
Hello all in the yurt community!
My husband and I are brand new to the world of Yurts -
We recently became aware of this option and are beginning the process of educating ourselves as to how we would theoretically build and own a Yurt home. We would be building a wooden yurt for our permanent residence with full amenities: plumbing, electrical etc., as an economic and efficient alternative to buying a home.
One of our main questions thus far is the financing of a yurt and the land. Of course, it is much affordable than buying home - but we would still need to borrow money to make this idea a reality. Does anyone have experience in this area? Has anyone (somehow) successfully mortgaged a project of this nature ?! Perhaps the banks wouldn't consider this a "mortgage" but use different jargon? - perhaps /construction loan/land improvement loan (or other) ??
Any and all advice on this issue would be appreciated. I would love to about your experience in this area!
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