Is shared equity home ownership your perfect mortgage-match?

Looking for the perfect mortgage-match? Enter the home buying process with Mondus’ shared equity home ownership, with only a 2.2% contribution upfront.  

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Shared equity home ownership might be your ideal partner

Shared equity is one of the affordable shared ownership schemes where you, the homebuyer, team up with an investor—in this case, Mondus Capital—to purchase a property together. You own the property and live in the home, while Mondus covers the deposit, stamp duty and other costs, typically up to 25%. In exchange, we share in a portion of the capital gain in the property.   You only need to make a 2.2% contribution upfront. This reduces the amount you need to save for a deposit and makes entering the housing market much more accessible. 

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Why consider shared equity?

1. Less upfront cash needed: No deposit home loans make you fall in love! Shared equity helps you buy a home without the daunting hurdle of a massive deposit. With just 2.2% upfront,  you can step into a beautiful home without the pressure of saving up hundreds of thousands of dollars first. 

2. Share the risk and reward: In any strong relationship, partners share both the highs and lows. Similarly, shared equity means that both the homeowner and Mondus Capital share the potential gains and risks associated with property ownership. In property co-investment programs, if the property value increases, both parties benefit proportionally when it's refinanced; if the value decreases, both wait until the value stabilises for Mondus to exit.

3. Invest in your future: Finding your ideal home with limited funds can be disheartening—like a lonely Valentine’s evening. Shared equity boosts your purchasing power, expanding your horizons.

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Is shared equity right for you then?

1. Evaluate your long-term goals: Shared equity is like a committed relationship. It’s most beneficial for owner-occupiers who are ready to settle down in a home for several years, as it provides time for the property's value to potentially increase, benefiting both you and Mondus.

2. Consider your financial situation: Just as relationships require readiness, you should evaluate your financial stability. Shared equity reduces initial costs, but you still need to manage regular mortgage payments and upkeep of the home.

3. Understand the exit strategy: As your home increases in value, Mondus will help you refinance. You will benefit from 60% of the capital gain, essentially earning your deposit by getting into your home sooner. Mondus will take a 40% share of the capital gain and exit. 

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A match made in housing heaven?

This Valentine's Day, as you contemplate the perfect match in love, consider whether shared equity could be the partnership you need to achieve your homeownership dreams. With Mondus Capital, shared equity isn't just a financial arrangement; it’s a relationship built on supporting Australians like you to find stability and happiness in your own home.

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Ready to fall in love with your new home?

Contact Mondus Capital today to discuss whether our shared equity model is your perfect match. Let us help you take the first step towards loving and living in your dream home.

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