Prefab Blog

Frequently Asked Questions

assorted books in the rakc
assorted books in the rakc

Finance & Insurance for Prefabricated Building

Prefabricated Building Tests

Global Impact:**

Light steel frame construction isn’t just about our local projects; it's about a global commitment. By adopting steel, we contribute to global efforts to reduce carbon emissions and build sustainably. It's a shared responsibility to create a world that our future generations can thrive in.

Finance tips for prefabricated building.

We publish open-source financial information. Prefablot does not advise on financial activities and is not a financial agent or similar.

Here is some key information about prefabricated building loans/mortgages we should know from our bank!

  • Available loan % cover of the total project.

  • Building license from local authorities.

  • Construction plan signed by local Architect.

Tips to optimize loan possibilities:

  • Loan Type (Construction or Usage): Clearly determine whether you need a loan for the construction of the building or for its usage. This will affect the terms and conditions of the loan.

  • Own Land or Space: If you already own the land or space where the building will be constructed, state it clearly. This can be a positive factor for the lender.

  • Own or Build a Foundation or Load Points: Specify if you already own a foundation or load points for the building. This can influence the lender's risk assessment.

  • Prefab Building Kit: If you are using a prefabricated building kit, mention this detail. Some lenders may have specific policies for this type of construction.

  • Build Yourself: If you plan to construct it yourself, highlight it. There may be additional considerations in terms of loan approval and supervision.

Presenting this information clearly and in detail to your bank can improve your chances of obtaining a loan that suits your specific needs.

Insurance of Prefabricated buildings.

a man standing on top of a pile of junk
a man standing on top of a pile of junk

Prefabricated houses or shops are both should have property insurance coverage, here some tips to know from our Insurence company:

  • The lifespan of the main structure (steel life is 100+ years).

  • Fire Grade Residence. (Prefablot panels -Grade A, non-combust)

  • Repair Coverage in case of damage.

  • Liability Coverage to third parties.

  • Reconstruction of prefabricated houses or shops.

FAQs.

How tall can be prefabricated Steel Frame Structures?

  • Typically Steel Frame Structures best perform with low-eave buildings like 13 mt high. In the case of tall apartment buildings, a Steel frame is used between the structural load and internal walls, which has higher insulation and utility pipes access.

Why Choose Steel Frame Constrcution?

  • Our Galvanized Steel frame does not expand or contract due to regional weather type. Steel structures do not warp, crack, or creep, and stability. Galvanized Steel frame has up to 400 years of life span. Steel Frame Structure does not have a settlement, once built. Steel is eight times stronger in tension than concrete, and has a higher resistance to flexural and compressive stress.

Does a Prefabricated building need to be maintained?

  • Yes, as with any other building, all differences are in the type of prefabricated construction. Generally, better buildings are mostly built on-site, as it is growing peace by peace. In the case of the Prefab lot steel frames are galvanized for durability and are assembled on-site made by you or supervised, also finishing types allow easy and clean access at any part of the building for further maintenance.

What type of foundation Steel Frame Structure need?

  • Due to the light weight of the Steel Frame Structure, there is a wide range of foundations that could be used, like Slab, Pad, Pile, Concrete foundation, and more. In the case of the Upper floor (See project page), the loading walls of any actual building could be the perfect foundation for the Steel Framing Annex.

How does Insurance treat Prefab lot products?

  • Construction onsite from prefabricated materials is treated the same or less than conventional construction.

Is it possible to get a mortgage for a Steel Frame Prefabricated building?

  • Yes* in particular case. Most European, USA, and UK, banks offer "Private Construction Loans or similar financial help. Find similar info below in the Prefab Journal.

How long does Steel Frame & Wall panel installation last?

  • It can take a few days, depending on the size of the idea and workforce quantity. Finished 50 m2 of annex could be built by 2 people in one week, including pipes, wired, and paint.

How does the Prefab lot work?

  • We will create a model with an assembling manual based on your Building Plans or an initial idea. Then, we will manufacture prefabricated wall frames, and roof with floor trusses for transportable size, which will be assembled and finished on the construction site.

How much house can I afford?

  • Affordable houses, Cheap houses, and Cheap Construction all will lead to prefabricated building types like Prefablot kits building yourself because here you control the budget of supplies and workforce. We should compare costs between all options available, real estate prices, or regular construction costs with Prefablot materials plus workforce.

How does Prefablot make a frame structure stronger?

  • Before manufacturing, our engineers build the model in specialized software, which adapts prefabricated steel frames to necessary loads and weather conditions. Also, your local architect can reinforce any model if needed.

Prefabricated building tests.

Steel Frame Building Test for EarthQuake / Shaking Test.

Wood Building Test for EarthQuake / Shaking Test.

Bricks & Concrete Building Test for EarthQuake / Shaking Test.