Frequently Asked Questions

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(or your broker and solicitor) to guide you through the entire process
or to answer any of your questions!

How can we provide zero interest loans and where do get our credit from?

Our entire system is funded by a building product supplier. All Dream Deposit loans are funded by a building product supplier who provides credit to National Deposit Funding which is in turn provided to the developer or builder on behalf of the buyer at settlement. The developer or builder in turn spends the Dream Deposit credit with the building product supplier on products for their current or future project.

What happens after five years?

The loan amount must be repaid in full (from your savings, by refinancing your primary bank loan, or by selling the property) or you may choose to extend your Dream Deposit™ facility for an additional 12 months (whereby the same application and facility fees as the original facility will apply). You may extend the loan facility for a maximum of three consecutive 12 month periods.

What happens if you sell or refinance before the end of five years?

Repayment of the loan amount in full will be required, however, there are NO early repayment fees of any kind and pro-rata fee refunds apply to ensure that the facility NEVER costs more than 2.4% (plus GST) per year!

What do banks and brokers think of the Dream Deposit?

We have a range of standard and ‘non-standard’ lenders who understand and like our product who are only too happy to assist you with property finance.

What’s in it for National Deposit Funding?

• ‘Once only’, up front, Application and Facility Fees
• A second mortgage where payment of the loan is received at the time the property is sold or at the conclusion of the five year term.  

What’s in it for the Buyer?

• Less cash or equity ‘locked’ up in the property
• Decreased overall interest rate and interest savings
• No servicing on the Dream Deposit loan
• Better cashflow management
• Saved cash/equity can be usd for another investment or used as a cash reserve
• Keep 100% of all the rental income, capital gains and tax benefits
• ‘No Negative Equity’ guarantee – no repayment of Dream Deposit loan at year 5 unless the property is worth the original purchase price.

What’s in it for the Building Product Supplier?

• Generates many more developer/builder customers and improves its buying power from product manufacturers
• Has the majority interest in National Deposit Funding's Dream Deposit mortgage

What’s in it for the Developer or Builder?

• Quick, efficient sales from incentivised buyers
• Receives a "Same price, Same Quality" guarantee from the buiding product supplier.