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

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

2 You ll never need to ask your parents to guarantee your home loan. Almost half of first home owners get financial help from a parent. That makes The Bank of Mum and Dad one of the biggest lenders in Australia. Usually it s an informal loan, a gift, or asking your parents to be a guarantor for the loan. But loans and gifts can get complicated and guaranteeing a loan can risk your parents home. Now there s a better way. It s a loan that removes the stress and tension of family loans and helps you into a new home sooner.

3 Rather than taking years to save your deposit, your parents can help unlock home loan approval right now. PARENT A parent loan is nothing new but Parent Assist has one important difference - it s an officially managed loan. ASSIST IS A WHOLE NEW TYPE OF HOME LOAN. HERE S HOW IT WORKS. Your parents can loan you up to 20% of the purchase price and the bank provides the rest. You repay them with interest like any other official loan but at half the rate of your Bluebay home loan. You may also have to pay your parents an additional sum based on any increase in value of your property. When the house is sold or refinanced, you repay the loan. It s a simple idea with many benefits to both you and your parents. NO GUARANTOR NECESSARY. One of the best things about this new type of loan is that your parents help you into a new home without risking their own. You can raise enough of a deposit without having to ask your parents to act as a guarantor and take on that risk. IT CAN SAVE THOUSANDS. Because it s an official loan with no guarantor, the home remains solely in your name. You still get full access to the First Home Owners Grant and any stamp duty concessions. And since you ll have up to 20% of the value of the home, you could save thousands in mortgage insurance. EASIER TO ASK FOR APPROVAL. Best of all, the loan is transparent, structured and officially managed by Bluebay Home Loans. You and your parents know exactly how it works, what s involved and where you stand. So it s much easier to ask your parents for assistance and much easier for them to say Yes.

4 AN EASIER WAY TO ASK YOUR PARENTS FOR HELP WITH A LOAN. If you re a first homebuyer, the unique structure of the Parent Assist loan makes asking The Bank of Mum and Dad for help a whole lot simpler. And parents, you can relax, no-one s about to ask you to become a guarantor. A BETTER WAY FOR PARENTS TO HELP THEIR KIDS. At Bluebay we understand that a parent helping their child into their first home is a great way to give them a leg up in life. But the loaning of big sums of money between family members can cause a lot of stress and emotion. SO HERE S WHAT YOU NEED TO KNOW. There are many questions both parents and first homebuyers will have, so here you ll find all the important facts you need to know. > Rather than spend years saving for a deposit, a parent can lend their child up to 20% of the property s purchase price. > It s an official structured loan managed by Bluebay Home Loans. > Bluebay Home Loans arranges and manages the remainder of the loan through a large lender. > Because it s a loan and not a gift, parents are paid back with interest. > Interest is half the interest rate of the Bluebay home loan rate, which helps on the parents loaned amount with lower repayments. > Parents are paid back over time or when the house is sold or refinanced, including their share of any investment growth. > Parents don t have to become a guarantor so children are not asking them to risk their family home. > The new homebuyer still gets access to the First Home Owner s Grant and any stamp duty concessions. > Because you ve contributed a larger deposit you could save paying thousands of dollars in mortgage insurance. > The fees are transparent with an ongoing management fee of only $5 per month. > The new buyer gets a little more financial muscle, which means they ll have more choice to buy something bigger, somewhere better or maybe even something closer to the family. > And remember, things happen in life Whatever changes occur down the track, parents have official protection over their money. > Most importantly, a Parent Assist Home Loan removes the stress and emotion of borrowing money from a parent. In short, the Parent Assist Home Loan removes the stress and emotion because it s transparent, clear and structured. Everyone knows where they stand, which makes it much easier for parents to say yes and help their kids stand on their own financial feet. If you re looking for a better way to unlock finance for a first home, contact Bluebay Home Loans on or visit parentassistloan.com.au For full information on this product please view the Parent Assist Information Statement on our website at parentassistloan.com.au which details the full terms and conditions of the loan.

5 Call or go to parentassistloan.com.au exclusively from Bluebay Home Loans Pty Ltd ABN Australian Credit Licence