Why keep renting when you can OWN!
How It Works.
Is Your Desposit Too Low To Get A Loan?
Meanwhile, prices are increasing all the time and you’re paying rent on top of all your other living costs. You are seriously doubting how is your dream of owing your own home ever going to come true. The thought of remaining in the rental market is depressing you and to top it all off you think you don’t have enough for a deposit.
That's Where We Come In!
At HomeFunders, we work with developers and master builders throughout the Hunter, building quality family homes that are close to amenities. These homes are completely ready for you to move into, with the added security of a fixed price contract.
How Is This Possible?
At HomeFunders, we’ve created a solution to close the gap between what you have saved as a deposit and what you still need. We do this by adding to your deposit with a Bankless Loan from us.
Most personal loans come with an interest rate between 12% and 15%, that’s too expensive! A loan of $25,000 with no interest to pay equates to $100 per week over 5 years.
So Who Provides The Deposit?
HomeFunders uses their money to put people into their own homes. The mortgage arm of HomeFunders is Dollars At Work (Australian Credit Licence No. 3955812). Dollars At Work is the glue that sticks it all together. With over 28 years in the mortgage broking business we have the experience to get loans over the line when traditional banks say “no”.
Are You Eligible?
What You Need To Provide
Ideally, you need to have saved between $10,000 – $15,000 or more as a deposit and be eligible for the First Home Buyers’ Grant. You also need steady employment and a good credit rating. This is also available for investors, so why not let us help you start your investment portfolio now?
What You Can Expect
This will give you a brand new 3 bedroom, 2 bathroom home with a garage and car port, and may cost as little as $350 per week to own. Or you could own a 4 bedroom, 2 living room, 2 bathroom home with a double garage for $499 per week.
* Assumptions are based on a 2.99% interest rate. Conditions apply.