We are the Specialist in Shared Equity Home Loans for First Home Buyers

🏡 Welcome to Mortgage Choice Findon, where we bring you innovative solutions to make your dream home a reality! 🏡

Livio and the Team are here to explain the process, and assist you every step of the way.

 

Livio is here to offer education and assistance to get you in to your first home. Please contact Livio by calling 0468 967 224 or Email Here:

🌟 Introducing the Shared Equity Option – your key to unlocking up to 25% of the purchase price as an interest-free and repayment-free loan! 🌟

Are you eager to explore this incredible opportunity? Let Livio help you get in to your new home sooner:

🌐 Eligibility Criteria: To be eligible for a Shared Equity Option, you need to:

• Meet the requirements of the primary loan.
• Have a net household income of less than $100,000.
• Be purchasing an established property or building a home to live in.
• *Talk to us for the full Eligibility Criteria 

💼 How It Works:

The Shared Equity Option is a second loan, complementing your primary home loan.

You can enjoy these incredible features:

• Borrow up to 25% of the purchase price or property valuation, whichever is lower.
• Boost your borrowing power, expanding your options for homes in a wider range of suburbs.
• No monthly loan repayments and no interest payable.

💸 Loan Features:

• Borrow up to 25% of the purchase price.
• No monthly repayments required.
• No interest payable.
• The Lender shares in a part of the gain or loss in property value upon sale.
• The Shared Equity Option is capped at a maximum of $200,000.

📈 Flexible Repayment Options:

• Make voluntary repayments of $10,000 or more to the Shared Equity Option at any time.
• Voluntary repayments can also be made to your primary loan while you have the Shared Equity Option.

💼 Final Payment and Exit Flexibility:

• Retain the Shared Equity Option until you sell the property or refinance.
• Final payment includes the loan balance plus a portion of the gain or loss in property value when you sell.
• If you refinance, The original lender shares in the property valuation gain but does not share in any loss.

📊  A Current Example:*

• Purchase Price: $400,000
• Shared Equity Option loan of 25%: $100,000
• Final Primary Loan: $292,000
• Monthly Repayment: $1,718

* Example correct as at January 2024, please discuss with how this may suit your personal needs and situation.

🔍 For further details and to check your eligibility, please contact Livio by calling 0468 967 224 or Email Here: 🏡💙

 

We can also assist with:

Refinancing your existing home loan 

Home Loans from over 30 Lenders 

Car Loans

Business and Small Business Loans