Mortgage Alternative Pty Ltd offers a unique property purchasing service primarily aimed at first-home buyers in Australia who struggle to save a traditional deposit. Their model involves purchasing a property on behalf of the client, who then lives in the home while making weekly payments. A portion of these payments contributes towards building the necessary deposit, allowing the client to secure traditional bank financing and take full ownership of the property, typically within a few years. The company's mission is to provide an alternative, supportive route to homeownership, bypassing common barriers like LMI and the lengthy deposit-saving period.

Founded in

Australia