Parent Assist header image

The easy way to ask Mum and Dad for a loan

A better way your parents can help you into your first home.

How it works

Your parents loan you up to 20% of the purchase price. The bank provides the rest. You repay them with interest like any other official loan but at half the rate of your home loan.

When the house is sold, you repay your parents (or you can repay them sooner if you choose to make extra repayments).

 

Benefits

No guarantor necessary

Your parents won't have to risk their home to help you get into yours

Save thousands

Still get the First Home Owners Grant and stamp duty concessions. Plus save thousands in mortgage insurance

Easier to ask your parents

The loan is transparent and structured, making it easier for your parents to say ‘Yes’.

More financial muscle

You'll have more choice, meaning you can buy something bigger or in a better location.

Parent Assist Brochure

Do you Qualify?

Simply call 131 751 or complete the form below and one of our Home and Land Specialists will get back to you. We work closely with Resolve Finance.

Resolve have over 16 years' experience, exclusive access to loan products and the ability to unlock the WA First Home Owners Grant.

You can include partner/spouse income
You can include partner/spouse loans
You can include partner/spouse savings

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