Your Deposit, Without the Stress. Mum & Dad Contribute Comfortably, AffordAssist Covers the Rest.
Young, Ready, and Wanting Your Own Home?
You’re not alone. Many first-home buyers look to their parents for help with a deposit. But here’s the reality:
Mum and Dad might be worried about handing over a large sum of cash
They may not have the full deposit available
Gifting money can reduce retirement savings
In the event of separation or other risks, gifted money – given with love – can be painfully lost
Lenders still require proof of deposit funds before approving your home loan
That’s where AffordAssist comes in.
Introducing the AffordAssist Deposit Certificate
A smarter, safer solution designed for families. With the Deposit Certificate, you can:
Secure your home loan with a guaranteed deposit pathway
Protect Mum and Dad from having to hand over all the cash up front and carry all the stress
Bridge the gap if the full deposit isn’t available now
Show the lender you have the deposit sorted
Why Families Choose AffordAssist
Peace of mind for parents – no need to risk all their savings
Faster entry into the market – don’t wait years to save the deposit alone
Lender-recognised solution – proof that the deposit is ready
Clear agreements – finance and legal structures explained upfront
How It Works
1. Apply for the Deposit Certificate – tailored to your situation
2. Combine it with Mum and Dad’s contribution (big or small)
3. Accredited Mortgage Broker – includes Deposit Certificate for loan approval
4. Secure your dream home – with the help of an approved buyers' advocate, buy a property from a willing seller and defer payment of the remaining deposit—typically within 60 months. Interest-free. 100% title ownership
5. Pay the funds back to your parents – Interest Free
The cash contribution may be made by someone other than a parent – contact us for details.
Why Use an Agreement Between Family
The AffordAssist Deposit Certificate and Deferred Deposit Agreement (DDA) provide a structured, safe way for parents to support children while protecting the deposit. The agreement includes clauses to manage risk and safeguard everyone involved.
Life happens. With the Deposit Certificate and DDA, family help is acknowledged and respected, directed toward the shared goal of home ownership. Buyers gain dignity and responsibility, while parents gain peace of mind knowing their support is a protected contribution—not just a hand-out.
Key features include:
Encourages financial responsibility
Flexible amount and repayment term (aligned with loan servicing requirements)
Interest-free payment plan
Caveat registered after settlement until DDA completion
With AffordAssist, parents don’t have to give away cash they can’t spare – and you don’t have to wait years to save. It’s a win-win. APPLY
Customer Care
Book a short 10-15 minute Explain Service call, how a Deposit Certificate may work for you. Available 7 days, 8am to 8pm. Click here