Dear All,
This story is typical of many AffordAssist applicants Australia-wide — a young couple we will call Mr & Mrs FHB.
Heaviness — A Potential Loss of Hope
Mr & Mrs FHB had almost convinced themselves they needed to delay home ownership while trying to save a larger traditional cash deposit.
Like many Australians, they felt they would be forced to rent for longer, watching the goal of ownership slowly drift further away.
The Call — A Shift Toward New Hope
Then they came across the AffordAssist solution.
That one phone call changed everything.
Their First Home
This is an actual loan and property purchase structure.
Mr & Mrs FHB were able to purchase a 3-bedroom established apartment priced at $745,000.
Purchase Structure:
- Property Price: $745,000
- Loan: 90% LVR
- Initial Cash Deposit: $2,000
- Deferred Deposit Amount: $116,060 (including LMI)
- Deferred Deposit Term: 60 months (interest-free, always)
Timing
Mr & Mrs FHB were able to move into their home within 90 days of applying with AffordAssist — years earlier than they thought possible.
What’s Not Required
One of the most powerful aspects of the AffordAssist structure is what it removes:
- No established savings history required
- No rental history required
- No guarantor needed
- No reliance on the “Bank of Mum and Dad”
- No need for shared-equity arrangements
- No need for SMSF-based property strategies
- No need to take on unsustainably high LVR structures
- No need to wait years to build a traditional deposit
No Need to Wait
“If you are actively saving, disciplined, and committed, AffordAssist’s interest-free deferred deposit solution — with as little as $1,000 — can support you today.”
AffordAssist is an Interest-Free Deferred Deposit Solution
AffordAssist’s industry-leading governance process considers three interconnected aspects of a home loan structure, each essential to building long-term financial resilience and generational wealth:
- Access — A flexible deposit solution, buy with as little as $1,000 (read related article)
- Borrow Less — Borrow smarter, save interest, and build equity faster (read related article)
- Safety — The ability to exit (read related article)
Home loans paired with AffordAssist can help committed applicants.
Read related articles:
- When Housing Affordability Becomes a Social Enterprise Outcome
- Friction Can Lead to Extraordinary Wealth Outcomes
Are you ready to write your own property story?
AffordAssist is on a mission to help more Australians into home ownership, sooner. But there are thousands of stories yet to be written.
We are ready and look forward to being part of your home ownership journey. Click to APPLY
Call us — book your call here.
Regards
AA
B2B – AffordAssist facilitates and oversees the governance process. Are you a mortgage broker, lender, developer, real estate agent, affordable housing advocate, a community leader or housing minister? Pair your services with AffordAssist. Join us in our mission to expand access to home ownership. Together, we can make a lasting impact.
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