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Gen
Money

 

GenMoney is the consumer home loan part of GenConsolidated’ business. GenMoney’ home loan products are similar to a form of chattel mortgage finance as commonly used for equipment and motor vehicle purchases however, we have tailored home loan products specifically for the purchase of homes in the land lease community sector.  

The GenMoney’ home loan mortgage has a similar structure to an interest-bearing traditional home loan. We provide home loans to purchase a home in a land lease community and the home together with personal guarantees and mandatory house and loan insurances becomes the security for providing the loan to the home buyer. Our mortgage interest is also registered with the Federal Government’s Personal Property Securities Register (PPSR).

Land Lease Loans

The GenMoney’ home loan mortgage is similar to traditional interest bearing home loans. We provide home loans to purchase a home in a land lease community

House
Subscriber Deposit Loan

The Subscriber Deposit Loan provides an opportunity for a buyer, who may not have saved the 5% deposit to secure their home early

Buying a House
Bridging Finance Package

GenMoney’ bridging finance product puts borrowers back in control of both the buying and selling process allowing the immediate purchase of their home in a land lease community and the orderly sale of their existing home to maximise the sale price.

Suburb Neighbourhood
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