Build now, pay later
Cashflow is king
Borrowing Capacity
Watch how Homepay loans have helped others access generous borrowing capacity for their first home.
Borrowing Capacity
Watch how Homepay loans have helped others access generous borrowing capacity for their first home.
Borrowing Capacity
Watch how Homepay loans have helped others access generous borrowing capacity for their first home.
How does it work?
01
Let’s get started!
Choose a Homepay-accredited builder, secure your Homepay loan through a licenced mortgage broker and pay your deposits as normal.
Plus, with paused repayments you can preserve your cash balance and/or avoid drawing down extra equity from existing properties to cover repayments during the build — helping protect both your equity and your cashflow.
02
Build with 12 months of paused repayments
Your construction loan repayments are paused for up to 12 months on build AND land.
This frees up cash flow during the build allowing you to direct funds to higher-priority goals — whether that’s paying down your owner-occupied mortgage, keeping money working in other investments or even building your offset balance. Any interest from this period is simply added to your loan and repaid over the remaining loan term as normal, it’s as simple as that.
03
Completion and rent commencement
Once complete, your tenants can move in and start paying rent. When the 12-month pause ends, normal repayments begin. Speak to your mortgage broker about interest only options as well.
Build finished in under 12 months from loan settlement? You can choose to start repayments early or continue to take the full 12 month pause while generating rental income from your new property. The choice is yours!
How does Homepay work?
01
Let’s get started!
Choose a Homepay-accredited builder, secure your Homepay loan through a licenced mortgage broker and pay your deposits as normal.
Plus, with paused repayments you can preserve your cash balance and/or avoid drawing down extra equity from existing properties to cover repayments during the build — helping protect both your equity and your cashflow.
02
Build with 12 months of paused repayments
Your construction loan repayments are paused for up to 12 months on build AND land.
This frees up cash flow during the build allowing you to direct funds to higher-priority goals — whether that’s paying down your owner-occupied mortgage, keeping money working in other investments or even building your offset balance. Any interest from this period is simply added to your loan and repaid over the remaining loan term as normal, it’s as simple as that.
03
Completion and rent commencement
Once complete, your tenants can move in and start paying rent. When the 12-month pause ends, normal repayments begin. Speak to your mortgage broker about interest only options as well.
Build finished in under 12 months from loan settlement? You can choose to start repayments early or continue to take the full 12 month pause while generating rental income from your new property. The choice is yours!
Build with Confidence
Homepay Accredited Builders
Homepay loans can be used to build with any Homepay Accredited Builder. This ensures the builder has been independently audited and reviewed to provide you with confidence the builder can deliver:
-
High-quality builds
-
Industry leading build times
-
Strong financial solvency
Explore our Homepay Accredited Builders below. We are regularly reviewing new builders so check back for updates.
Build now Pay Later
Investors
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Borrowing Capacity
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Who Funds Homepay?
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How Safe is Homepay?
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Understand the Steps
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Build with Confidence
Homepay
Accredited Builders
(Text needed here). At Homepay we’re people and lifestyle-focused. Our 'Build Now, Pay Later' and 'Build with Confidence' package combine to offer a smarter way to achieve the Australian dream while still allowing you to maintain your lifestyle.
Explore our Homepay Accredited Builders below.
Homepay Accredited Builders
Homepay loans can be used to build with any Homepay Accredited Builder. This ensures the builder has been independently audited and reviewed to provide you with confidence the builder can deliver:
-
High-quality builds
-
Industry leading build times
-
Strong financial solvency
Explore our Homepay Accredited Builders below. We are regularly reviewing new builders so check back for updates.
©
2024
Homepay | All Rights Reserved
This content is not legal, financial or credit advice and should not be relied upon as such. Homepay (Aus) Pty Ltd (ABN 51 655 094 876) recommends seeking independent professional advice before making any financial decisions. Homepay loans are offered by Origin MMS, a division of Columbus Capital Pty Ltd (AFSL and ACL 337303). Homepay (Aus) Pty Ltd is not a related entity to Columbus Capital Pty Ltd. Please see full disclaimer.
With Homepay, you can pause your mortgage repayments for up to 12 months while you build. A stress free path to building your new home or investment property.
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