The Deposit Vault offers professionals or high income earners a home deposit while giving investors a diversified portfolio of quality Australian residential property by:
Providing the 20% deposit to assist professionals or high income earners in buying a home, or investment property.
Securitising desirable residential home loans capitalising on rising property values & double digit yield returns.
Qualified professionals or high income earners can enter the Australian residential property market by:
Accessing up to $200,000 for a 20% deposit (thereby avoiding LMI) at a rate of between 10-12%
The Deposit Vault funding ranks as Second Mortgage over the property.
Repaying the loan over a 10 year period
Borrowers can either buy their first home or an investment property by accessing 100% finance on favourable terms to allow access to growing Australian property.
High value loan product (10%+) with pent-up demand in target markets
Considerable potential with 400,000+ young professionals or high income earners earning over $180,000 in Australia
Compelling value proposition for customers with ability to immediately purchase property
Solid financial fundamentals with $100M throughput projected through platform in first 3 years
Investors can access a new high yield asset class – deposit financing
Ground floor opportunity for sophisticated and professional investors
With over 40 years of property and finance experience. Tony founded The Money Store and sold to an ASX listed company, before reinvigorating the company and relaunching. Held a Board position for 7 years of ASX listed eChoice as a Non-Exec Director and CEO, a wholesale lender and financial services company growing its Loan book from $1 billion to in excess of $20 billion and valued at $100million.
Fergus has been involved with the incubation of many companies with compelling growth characteristics over the past 30 years. He has raised over half a billion dollars in the past 5 years for start up ventures around the globe and is adept at helping emerging companies understand what they need to do to reach a state of commercial success.
Chris has 30 years experience in banking and finance. During that time Chris has specialised in securitisation of non-standard mortgage pools, including arranging finance for several hundred millions of high LTV mortgages for First Permanent. Chris has developed proprietary models to calculate the capital requirements for all types of Australian mortgage portfolios.