EQUITY ADVANCE

Exclusive to Live Property  | Provided By DepositMate™

HOW DOES EQUITY ADVANCE WORK?

 Live Property has partnered with proptech innovation company DepositMate™ to exclusively offer our clients the unique EQUITY ADVANCE program which unlocks a way to buy property with little or no cash deposit.

Over the years, Live Property has established and built solid relationships with some of the industries best residential developers. We work with these developers to help get homeowners into the properties that they develop using DepositMate™ and the EQUITY ADVANCE program. 
 
Once you have selected your preferred property, it is then valued by your bank or one of our recommended banks. This approved valuation is what DepositMate™ will secure up to 20% deposit directly to the developer. You will then borrow the remaining amount from your bank or one of our recommended banks.

THE DEPOSIT PROVIDED BY DEPOSITMATE™ IS INTEREST FREE!

DepositMate™ utilises a deposit option that developers we work with, accept as payment for your deposit instead of cash.  Once your no interest deposit is advanced to the developer (along with the balance of funds you acquire from the bank) then the property is owned by you!


The deposit amount provided is then held for up to 3 years interest free (up to 5 years for first home buyers).  At the end of this term (or before if there has been significant market growth) your new property is re-valued and your mortgage is refinanced for the new valuation. 

 

The excess of your refinanced mortgage is then used to repay the amount of your deposit.



USE THE FUTURE EQUITY IN YOUR NEW HOME TO FUND YOUR DEPOSIT




This is the EQUITY ADVANCE program.


The best part is that EQUITY ADVANCE is not a loan, is interest free, has no hidden fees, does not require a personal security or guarantees, and no caveat or a second mortgage is required over the property!

WHAT IF THE NEW VALUATION DOESN'T COVER THE DEPOSIT AMOUNT?

If the revaluation of your new home does not provide the capital to repay your deposit then we roll the deposit over to a new term.


Therefore, it is in everyone’s interest to ensure that your new property will increase in value to repay your deposit within the repayment timeline.

THAT'S WHAT WE CALL A WIN-WIN!

APPLY NOW

Take our 3 minute survey so we can assess your circumstances and serve you in the best possible way. 

This survey is NOT a credit check.

WHO CAN BE ASSISTED BY USING EQUITY ADVANCE?

FIRST HOME BUYERS WITH NO DEPOSIT

PARENTS WISHING TO ASSIST THEIR CHILDREN BUT ARE UNCOMFORTABLE PROVIDING GUARANTEES

PURCHASERS TOPPING UP THEIR CASH DEPOSIT

HIGH NET WORTH INVESTORS PREFERRING TO PRESERVE THEIR CASH AND DEPLOY IT IN OTHER INVESTMENTS

APPLY NOW

Take our 3 minute survey so we can assess your circumstances and serve you in the best possible way. 

This survey is NOT a credit check.

WE'VE HELPED MANY HAPPY CLIENTS BUY PROPERTY

We encourage you to check our reviews to see for yourself why home owners 

continue to use Live Property to secure their family's new home.

“I can't speak highly enough about my experience with Live Property Marketing. Everything went smoothly and I love my new home!”
Sophia Berrospi
“Emmanuel helped us to get into the property market faster than we thought. It was a pleasure working with Live Property Marketing.”
John & Brooke Weeks
“When I first heard about Live Property, it sounded too good to be true.  They know what they are doing and they do it well!”
Anthony Scotsman

YOU ARE JUST ONE STEP AWAY FROM OWNING YOUR OWN HOME

1. APPLY NOW


Take our short survey so we can assess your suitability for a non-cash deposit and present you with properties that fit your budget.

2. LET'S CONNECT


Once we have identified the properties that fit your borrowing capacity, we will connect with you to review your circumstances and discuss the details of the DepositMate™ EQUITY ADVANCE program .

3. DECIDE ON YOUR NEW HOME


Now for the exciting part, we go shopping for your new home!

4. YOUR NEW HOME GETS VALUED


Once you have selected your new home, we get it valued so we know how much deposit DepositMate™ needs to provide for you.

5. PURCHASE CONTRACTS


Now that we know all the details of your new home including the cost and deposit breakdown, exchange of contracts is arranged for you with the Vendor or Developer and also with DepositMate™.  Under the EQUITY ADVANCE program, your non-cash deposit is transferred to you and held by the custodian in trust pending settlement.

6. FINANCE


Now you know the balance of your new home cost and you have your contracts, it’s time to organise the finance.  Don’t worry, we help you with this part too.

7. SETTLE AND MOVE IN


Once your finance is approved, settlement is arranged for you.  Once completed, the deposit is paid for you by the Custodian to the Vendor or Developer along with your balance and you are handed the keys to your new home.

IT REALLY IS THAT EASY.  MAKE THAT FIRST STEP TODAY!


CLICK THE BUTTON BELOW

APPLY NOW

Take our 3 minute survey so we can assess your circumstances and serve you in the best possible way. 

This survey is NOT a credit check.

 TAKE A LOOK AT SOME OF OUR PROPERTIES

FEATURED DEVELOPMENT

OUR OTHER PROPERTIES

VIEW ALL

BANKS WE WORK WITH

DEVELOPERS WE WORK WITH

PURCHASE YOUR NEW PROPERTY WITH CONFIDENCE

When you choose to work with Live Property and access the EQUITY ADVANCE program to provide a non-cash deposit, you are protected through the entire property purchase transaction.


Holding your deposit following exchange of contracts and until settlement is a licensed Custodian, AusFunds Management Limited acting as trustee. 


It is important to us that you enjoy the protection of working only with licensed real estate agents, ethical partners and regulated financial services companies. 

 

AusFunds Management Limited holds Australian Financial Services License No. 440900.

YOU ARE PROTECTED WITH DEPOSITMATE™

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