Homepay – Build now, pay later
Rivergum is South Australia’s first Homepay Accredited Builder, offering this unique, stress-free financing option for your new home build
Homepay is a standard home loan product, but what sets it apart is the benefit of having no out-of-pocket repayments for the first 12 months while your new home is being built. Plus! With a Homepay loan, you have the potential for significantly increased borrowing capacity, which can help you build the home you want in the area you would like.
Homepay loans are backed by competitive rates, trusted lenders, and no mortgage repayments for the first 12 months so you can build your new home or investment stress-free. Homepay builds can only be built by Homepay Accredited Builders like Rivergum, who have had their financial records and operations independently reviewed to ensure they can deliver.
Rivergum’s trusted finance partner, Truevest Finance, can help you understand whether Homepay is the right loan option for you – complete the online form below to speak to the Truevest team today!
No out-of-pocket repayments for 12 months
If you’re renting or already juggling a mortgage, Homepay frees you from the stress of making out of pocket loan repayments on your new build at the same time.
Increased borrowing capacity
With Homepay loans, you have the potential for significantly increased borrowing capacity, which can help you build the home you love in the area you would like.
Homepay is for everyone
Homepay is designed for everyone – whether you’re a first home buyer, upgrading your home, or an investor, Homepay is designed to make your journey to home ownership easier.
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Homepay is a standard home loan product, but what sets it apart is the benefit of having no out-of-pocket repayments for the first 12 months while your new home is being built.
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All that is required is a small deposit and payment of standard costs. From there there are no out of pocket repayments for 12 months on the build and land.
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Homepay is designed to make home ownership easier for everyone! Whether you are a first home buyer, subsequent home buyer, or investor, Homepay is a stress-free finance option for you.
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In South Australia, Homepay is currently funded by Columbus Capital who own one of the oldest non bank lenders in the country, Origin Finance. This means customers get access to a trusted lender with all of the online banking facilities you would expect.
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If you have land under an existing loan, it is possible for you to refinance to a Homepay loan. Speak to our finance partner, Truevest, about refinancing today.
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Homepay can offer customers increased borrowing capacity due to the lower servicing buffers on Homepay construction loans. This means you can receive up to a 20-30% increase in borrowing capacity with Homepay in comparison to other lenders. To understand your borrowing capacity with a Homepay loan, speak to the team at Truevest Finance today.
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Rivergum is the first South Australian builder to be an Accredited Homepay Builder. To receive a Homepay loan, you must:
- Build a home with Rivergum
- Work with Rivergum’s trusted finance partner, Truevest Finance, to understand your borrowing capacity with Homepay
- Secure your Homepay loan with the expert guidance of Truevest Finance
Enjoy a seamless, stress-free process from start to finish!
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There isn’t one.
Homepay’s builder accreditation framework ensures that all Homepay loans are built by trusted builders. This gives Homepay lenders the confidence to provide a loan with no out-of-pocket repayments for 12 months at market competitive rates.