Unlocking Homeownership: How the Homebuyer Accelerator Program Can Help You Buy Sooner

Homeowner Assist
Feb 2
2 min read

For many Australians, saving for a home deposit can feel like an uphill battle. Rising property prices, the burden of rent, and the need for a full 20% deposit often delay homeownership for years. But what if there was a smarter way to get into your own home sooner?

Introducing the Homebuyer Accelerator Program

Our Homebuyer Accelerator Program is designed to help aspiring homeowners overcome deposit barriers by leveraging an innovative funding solution. Instead of waiting years to save a large deposit, our program provides an equity loan covering the 20% deposit, allowing you to secure a home loan without the need for Lenders Mortgage Insurance (LMI)—which can save you thousands.

How It Works

Assessment & Pre-Approval – Our team of specialists will evaluate your financial position to determine your borrowing capacity. This process does not impact your credit score.
Deposit Assistance – Through our community funding model, eligible homebuyers receive a 20% deposit loan at a fixed 5.5% interest rate over 30 years.
Home Purchase – With the full deposit in place, you can access a standard home loan from a lender and move forward with buying a home.
No Upfront Savings Needed – All transaction costs and fees are included in the loan, so you don’t need additional savings to get started.

Who Is Eligible?

To qualify for the Homebuyer Accelerator Program, you must:

✔ Be full-time employed
✔ Be below the age of retirement
✔ Have a combined balance of $120,000 or more in government savings across up to four applicants

The Power of Community Funding

At the heart of this program is community funding, an innovative approach that connects homebuyers with financial resources that would otherwise be out of reach. By leveraging a community-backed funding model, we help everyday Australians achieve homeownership without unnecessary financial strain.