
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).


