The second question everyone asks
How you’ll pay for your tiny home — in order, in plain language.
Financing follows certification. Because third-party certification is written into every KYRAX build contract, lenders have something real to lend against. Here’s what that looks like where you are.
Financing — Canada
Tiny home financing in Canada
Government-backed mortgage insurance for factory-built homes, refinancing to build a laneway suite, and RV-style loans for homes on wheels.
See tiny home financing in CanadaFinancing — United States
Tiny home financing in the USA
Chattel and RV loans for movable units, and mortgages for modular builds on a foundation.
See tiny home financing in the USAHave a specific question? See the financing FAQ
What the numbers can look like
Illustrations only — not an offer, not a quote, not a promise of approval. Rates are examples; your lender sets actual terms (OAC). Canadian mortgage rates compound differently than shown; treat these as ballpark.
| Scenario | Structure | Approx. monthly |
|---|---|---|
| $119,900 home on your own land, mortgage path | 20% down · 25-year amortization · 5.5% example rate | ≈ $589/mo |
| Same home on wheels, chattel/RV-style path | 20% down · 15-year term · 8.5% example rate | ≈ $945/mo |
| $250,000 laneway project via refinance | 30-year amortization · 5.5% example rate | ≈ $1,420/mo — compare against your neighbourhood’s rental rates |
Yes, the on-wheels path costs more per month. We’d rather you know that on this page than at the bank.
How financing fits our build schedule
Here’s something most builders won’t tell you: our payment schedule collects most of the price in milestones during the factory build, while many lenders release the largest advance at delivery. Those two timelines have to be reconciled — and we do it before you sign, not after.
In practice: your down payment typically covers the early milestones, and your lender’s advance clears the balance at delivery and installation. On refinance-based projects, staged advances line up with our milestones directly. At your consultation we map your financing to the schedule line by line. If the two don’t fit, we’ll tell you plainly and we won’t take your deposit.
What lenders will ask for
Certification record for your unit · Signed build quote · Land or pad status · Your KYRAX documentation package — assembled for you, not by you
What we won’t do
Publish rates we can’t verify · Promise approval — that’s your lender’s call · Let you sign before financing and placement both make sense
Financing pre-check — answer in 48 hours.
Tell us your land status, rough down payment, and timeline. We’ll tell you which path fits and connect you with a lender who has financed certified factory-built homes before. No credit pull, no obligation.
Start the pre-check →Bring your numbers to the call. We’ll tell you honestly if they work.
Book a consultation