Who We Are – HAS
At the core of our mission is our identity as a deposit boost solution provider. We understand that the biggest obstacle to homeownership for many is the initial deposit. Traditional lending models often fail to effectively address this barrier, leaving potential homeowners feeling defeated. Our approach is different. We offer a low-interest loan in exchange for a share of the property’s capital growth, significantly reducing the upfront costs associated with buying a home.
This model is not just a quick fix; it’s designed to ensure long-term success. By including three years of HAS repayments within the facility, we give homeowners the breathing room they need to establish themselves financially without the immediate burden of full mortgage payments.
Our Experience
Having established HAS in 2016, we have built a strong foundation over the past eight years that allows us to innovate and grow, with no defaults to date. Our track record speaks to the ability to help clients navigate the complexities of homeownership. Now, we are ready to take the next step in our journey by delivering 1,000 homes – a clear demonstration of our confidence in our product and our dedication to making a real difference in the housing market.
A New Approach
Our deposit boost solution is more than just a financial product; it’s a tool that empowers aspiring homeowners. For many, the dream of owning a home has been out of reach due to the challenge of saving for a deposit. We are changing this by offering a solution that helps potential homeowners save more effectively and transition smoothly into homeownership.
A unique aspect of our product is the inclusion of three years of HAS repayments within the loan facility. This provides homeowners with a critical period of establishment, allowing them to focus on building their financial stability without the immediate stress of mortgage repayments. Additionally, our solution is exclusively accessed through a trusted network of brokers, ensuring that clients receive personalised guidance throughout the home-buying process.
We recognise our role as a complementary player in the housing market. Instead of building homes ourselves, we find properties through consumers, enabling an immediate rollover. By favouring new properties, we encourage consumers to work with small and medium-sized builders, supporting local construction. With our proprietary model, we are fully set up and ready to go.
Delivering 1,000 Homes: Our Commitment at HAS to Tackling the Housing Affordability Crisis
At Home Affordability Solutions (HAS) we are proud to announce our goal of delivering 1,000 homes. This ambitious target is a crucial part of our mission to address the ongoing housing affordability crisis affecting many individuals and families. By working with leading industry lenders such as Pepper, Liberty, AXIS Lending, MEzy and First Federal, we are pioneering a new approach to homeownership that is both sustainable and impactful.
Our proprietary structure requires far less capital to achieve significant housing outcomes. With an investment of $200-250 million, we can fund 1,000 homes, making our model highly efficient and scalable.
Addressing the Crisis
The housing affordability crisis is a complex challenge that requires more than just access to loans. Our approach goes beyond traditional lending by addressing the root causes, providing clients with the tools and guidance they need to build strong savings habits and achieve financial independence faster through collaboration with brokers.
In addition to supporting large-scale developments that boost housing supply, we empower consumers to find homes in established estates. By partnering with small and medium-sized builders, we help diversify housing options and make homeownership more accessible. Our goal is to create a sustainable solution that benefits not only individual homeowners but the entire housing market.
We are also actively working with wholesale institutional investors to ensure the necessary capital is available to scale our efforts and drive long-term impact.
Our product includes the first three years of HAS repayments within the loan facility, enabling clients to make higher repayments on their first mortgage. This accelerates their journey to reaching an 80% loan-to-value (LVR) ratio, typically allowing them to refinance around the 3.5-year mark, though they can stay within the facility for up to 30 years.
Moving Forward
As we work towards delivering 1,000 homes, we are driven by a sense of purpose and excitement. This goal represents years of hard work and innovation, but it’s also just the beginning. We are committed to continually improving our offerings, forging new partnerships, and expanding our impact.
Our mission to deliver 1,000 homes is a reflection of our unwavering commitment to making homeownership a reality for more people. With the support of our first lenders, broker network and the communities we serve, we are confident that we can make a meaningful difference in addressing the housing affordability crisis. Together we are building not just homes, but a brighter future for everyone.
