Paying rent or an existing mortgage while funding a new build can put pressure on your budget.
Creation Homes NSW has partnered with Homepay to give eligible buyers the option to pause repayments on their new land and build loans for up to 12 months from loan settlement, providing greater flexibility while their home takes shape.*
Alongside paused repayments, potentially increased borrowing capacity could broaden your options – from an extra bedroom or a bigger block to a location you love.
Finally you can rent and build at the same time! With access to generous borrowing capacity and the ability to use the first home owners grant!
Remove the financial pressure while your next home is under construction. Helping you build the home you really want in the location that’s best for you.
Target beginning your loan repayments once the property is complete and generating you rental income. Free up cashflow while building.
Explore Creation Homes NSW house and land packages and choose an option that suits your lifestyle, goals and budget.
Speak with a licensed mortgage broker to explore Homepay, confirm your borrowing capacity and deposit requirements, and apply for an eligible loan.
Pause repayments on your eligible land and build loans for up to 12 months from loan settlement, giving you greater flexibility while your home takes shape.*
When your home is complete, move in or prepare it for tenants. Regular loan repayments begin when your agreed pause ends, with the option to start earlier.*
Homepay is available to eligible first home buyers, next home buyers and investors building with an accredited builder such as Creation Homes NSW. Approval depends on your circumstances and lender requirements.*
Eligible buyers can pause repayments on their new land and build loans for up to 12 months from loan settlement. Your broker will explain the period and terms available to you.*
Yes. Interest accrues during the pause and is added to your loan balance for repayment later. Your broker can explain how this affects future repayments and total borrowing costs.
Potentially. Depending on your circumstances and the loan options compared, Homepay’s lending options may increase your borrowing capacity. A broker can assess what’s possible for you.*
Yes, subject to finance approval. The pause applies to your eligible new land and build loans. Your existing rent or mortgage commitments continue.
You will need to start repayments in accordance with your loan terms, even if construction is still underway.
Your deposit and upfront costs depend on your circumstances, package and lender requirements. A broker can explain what you’ll need.
Currans Hill, NSW
Wyee, NSW
Austral, NSW
Wilton, NSW
Rouse Hill, NSW
Jordan Springs, NSW
Speak with our sales team to explore the benefits of Homepay and find a house and land package that suits your purchasing type.
Disclaimer: This content is not legal or financial advice. Individual results will vary. Creation Homes (NSW) Pty Ltd (ABN 43 155 797 443), Homepay (Aus) Pty Ltd (ABN 51 655 094 876) and Australian Finance Hub (ACN 616979689) recommend seeking independent professional advice before making any financial decisions. Homepay loans are offered by Origin MMS, a division of Columbus Capital Pty Ltd (ABN 51 119 531 252, AFSL and ACL 337303). Homepay is not a related entity to Columbus Capital. Full details available from Australian Finance Hub Pty Ltd CRN 496108 of ACL 389328. www.australianfinancehub.com.au