Are you dreaming of home ownership but struggling to save a deposit?
We’re here to help!
With our Low Deposit Program, Privium Homes has
helped hundreds of families achieve their dream of home ownership – and we can
help you too.
Make the move to your own home with as little as $5K in savings
We understand that saving a deposit can be very
challenging and can often take a number of years, especially when you’re still needing
to rent while saving for your future.
That’s why Privium Homes created our Low Deposit
Program, to help you fast track your home ownership journey, and the best part
is – it is possible to become a homeowner with as little as $5K in savings!
WITH AS LITTLE
Access the First Home Owners’ Grant early
sure you know about the First Home Owners Grant, but what you might not know is
that grant if often not released until after a build contract has commenced and
that not all lenders will accept the grant as a part of your deposit.
means that many first home buyers are still left trying to save a large enough
deposit in order to secure a home loan.
This is where we can help!
The Privium Homes team can show you how to access the First Home Owners’ Grant early and our team of partner brokers can assist you in selecting the right lender so that these funds can be used towards your deposit.
Fast track your journey to home ownership
you build with Privium Homes, we can show you how to access up to an additional $15K in
grants and incentives.
This is a part of how we are helping you to find
ways of boosting the deposit you have started to save and get into your own
Get in touch with our experienced brokers
all brokers are created equal! The broker you use could
make all the difference when it comes to obtaining loan approval or not.
Privium Homes has strong working relationships with
brokers who specialise in low deposits; experts who know each lender’s policy
inside and out and which lenders welcome low deposit buyers.
This allows them to recommend the best possible mortgage solutions for your personal situation, and it’s the reason our success rate is so outstanding. Our experienced broker partners know how to get low deposit applications approved. It could be the extra nudge that gets you over the line on your first step towards home ownership.
We also have a referral policy in place, which you can access here
If you have any concerns about this, please do contact us
and also please do advise us if you do not want this to occur.
Why consider the Low Deposit Program?
Avoid a personal loan or borrowing money from family to bridge the deposit gap
Purchase at today’s house prices and benefit from greater growth in equity
Start putting rent money towards your own asset sooner, also meaning your home will be paid off sooner
Did you know that it takes the average Aussie
around five years to save a 20% home deposit?
Even if five years doesn’t sound long to you, five
years within the property market could make a huge difference to the size of
the deposit you need.
With continued inflation, the goal posts for your
20% deposit will continue to move further away. If you can’t save at a fast-enough
pace to account for inflation, then you may find yourself chasing your tail.
In addition to this, while you are saving your 20%
home deposit, you will also be paying rent. By getting into your own home
sooner, this is money that you could be putting directly into your own asset.
If you pay $450 per week in rent, over 5 years (the
average time is takes to save a deposit), that equates to around $117, 000.
Imagine being able to put this money towards your
Still not sure?
Don’t forget that lenders take a buyer’s age into
The younger you are when you apply, the more likely
you are to be granted a home loan that spans a longer period of time.
A longer loan term means your repayments will be
more manageable and make less of an impact on your lifestyle. Plus, the sooner you get your home loan, the
sooner you can pay it off.
Imagine not having to pay a mortgage or rent and
how much this would free up your budget. Having your home paid off in your
later years will help your retirement funds stretch much further, ensuring a more
comfortable standard of living.
No more renting. No more landlords. No more moving!
Get in touch with us today to see if you qualify
for our Low Deposit Program.