The great Australian dream, is now possible, for everyone.
…how? By providing a solution for the biggest barrier to
getting a property and a loan. The deposit. Solved.
The great Australian dream, is now possible, for everyone.
…how? By providing a solution for the biggest barrier to
getting a property and a loan. The deposit. Solved.
AffordAssist Is Life Changing
Real estate values are increasing at a greater rate than household incomes. Making saving for a deposit increasingly more difficult, even impossible.
Our economy has shifted, possibly neglecting the key civil and fundamental right of all Australians. Putting at risk the great Australian dream of owning a home, impacting on our social-fabric and economy.
Considering such market conditions: The current landscape; moving forward and more than ever first-home buyer’s need a solution like AffordAssist to get into home ownership.
For some, AffordAssist is life changing.
AffordAssist Deferred Deposit Solution For First Home Buyers
Put simply, AffordAssist replaces the need for the full cash deposit.
We provide a proprietary Deferred Deposit Agreement (DDA) between the seller and buyer for the amount needed to secure a loan.
defer
verb
put off (an action or event) to a later time; postpone.
This means, you can buy now, defer and pay the balance of the deposit later; typically within 60 months and always without interest.
AffordAssist offers an innovative property-deposit and loan-deposit solution for buyers wanting to enter the market today.
100%
Title Ownership
AffordAssist IS NOT
- An equity-share model
- A rent-to-own model
- A SMSF purchase model
- Vendor Finance or a loan agreement
- For applicants on social incomes or bad credit record
- A lender or mortgage broker
- A property developer or builder
Am I Eligible?
Our eligibility process:
- Your eligibility to secure a loan is based on your (and if applicable that of your property purchase partner) annual income;
- AffordAssist collates the information including the forms (Pre-qualification and Fast-Track Readiness) and determine whether you are eligible for the AffordAssist program; and
- It is essential you work with suitably trained AffordAssist service professionals who understand and manage the DDA process to ensure your successful property purchase. Our approved team includes: lenders, mortgage brokers, developers, property consultants, agents and the AffordAssist program governance solicitor.
Approved Properties
AffordAssist is designed to include all residential property types. Off the plan, brand-new or previously lived-in. Select from the AffordAssist approved list. The fee for this comprehensive service is generally paid by the property seller.
Sourcing the property, DIY options include:
- DIY + AffordAssist, offers you an option to engage an AffordAssist approved buyers agent for a prepaid flat fee.
- DIY, means you will find your own property. AffordAssist team member will offer free phone assistance.
Does Your Situation Sound Like Any Of These?
You want to break free from renting and own your own home. You have some savings and want to select a property from the AffordAssist approved list
You have found (DIY) your dream home, one that perfectly suits your lifestyle and budget. You are only part way to saving your deposit amount and the property sellers has agreed to AffordAssist the balance.
You saved your deposit, chose your home and were on track to settle, until the bank undervalued the property. Now you need to cover the shortfall or risk losing your deposit, and time is running out.
If any of these three scenarios sounds like your situation, please contact us
Try Our Calculators To See Your Incredible Savings and how affordable your first home could be:
Free Event
Want to learn more about AffordAssist? We can notify you about our next FREE Information Session.
