With CM Property Group and AffordAssist Deferred Deposit Solution your home ownership or investment journey could be achieved by:
You:
1%
AffordAssist Deferred Deposit:
NO INTEREST
9%*
Home Loan:
90%
Property Purchase Price:
100%
*may vary and include Lenders Mortgage Insurance (LMI)
Together
CM Property Group are AffordAssist approved. Offers a range of residential properties including NDIS, Specialist Disability Accommodation (SDA) to purchase with the AffordAssist Deferred Deposit Solution.
Enabling you to achieve home or investment ownership sooner
Once a property is selected, approval from AffordAssist is confirmed and a 1st mortgage loan approval is obtained, you can then proceed to settlement.
Deferred Deposit Property Sales
CM Property Group is working with AffordAssist to Enable Home Ownership. And, has made available a range of residential properties in Victoria exclusive to AffordAssist. Applicable on new completed and off-the-plan.
Buy with an initial part-deposit, from 1%, defer and pay the balance of the deposit without interest, typically over 60 months.
Available, February 2025 allocations:
House, 3x2x1 - Kalkallo - $620,000
Sold. Townhouse, 3x2x1 - Tarneit - $655,000
Inspection by appointment only. Managed directly by AffordAssist.
Contact AffordAssist for details on AffordAssist Approved properties presently available to purchase with the AffordAssist Interest Free Deferred Deposit Solution.
AffordAssist
Intending Purchasers apply to AffordAssist for a “Deferred Deposit Agreement” (DDA).
The DDA is an arrangement where purchasers typically pay 10% of the purchase price over 60 equal monthly payments, without interest.
Think of, tap into the equity of property sellers willing to ‘pay it forward’.
This is achieved via an AffordAssist DDA with a willing property vendor whereby they typically defer receipt of 10% of the purchase price over a 5-year term, again without the vendor receiving any interest.
AffordAssist industry leading governance provides a proven system for managing risk, the Deferred Deposit Agreement (DDA), Settlements and the DDA payments. Thus protecting all the stakeholders.
Deferred Deposit Home Loan
Suitable for applicants with an income but not the full cash-deposit.
Eligibility to secure a Home Loan is based on the applicants annual income and outgoings including payments under the Deferred Deposit Agreement (DDA).
A Home Loan with an AffordAssist Deferred Deposit can reduce mortgage stress by reducing the loan amount and thousands on interest payments. E.g. Interest rate savings ∝ to DDA.
Together with an AffordAssist accredited mortgage broker, AffordAssist may provide approval for a Deferred Deposit Home Loan within a few days.
100% Title Ownership
Once a property is selected, approval from AffordAssist is confirmed and a 1st mortgage loan approval is obtained, you can then proceed to settlement.
At settlement the purchaser becomes the proprietor of the property.
Pay the deferred amount, No Interest, 'Periodically’ typically within 60 months.
Customer Care
Owning your own home can be one of the most rewarding life experiences, made much easier with the right team on your side.
The AffordAssist governance and service process are in place for the protection and interest of all stakeholders. Includes accredited professionals who understand AffordAssist to ensure your successful property purchase.
Right through the entire service process you are assisted by a dedicated AffordAssist customer care team member.
AffordAssist will initially determine your eligibility for the AffordAssist program, with two important forms to complete.
Customer Care
Book a short 10-15 minute call. Learn how a CM Property with an AffordAssist Interest Free Deferred Deposit Solution may work for you. Available 7 days, 8am to 8pm. Click here