Deposit Booster

Designed for FHB’s with strong financial growth potential, our Deposit Booster provides access to up to 15% of the property value as a 3-year interest bearing loan from us to you.
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Who this product helps?
Designed for ambitious young Australian professionals, our Deposit Booster aids eligible first home buyers by providing funds for their home deposit.
John Smith
Young lawyer
"I knew I was on track for a salary increase in 6 months’ time, but the home of my dreams came on the market earlier than expected. I used a Deposit Booster to buy where I wanted, when I wanted without the stress of buying with a lower amount of deposit savings.”
Angelina Jolie
Engineer
“Mum and dad said that they would help me buy a house, but I wasn’t comfortable having them give me a large amount of their life savings as a gift. Generate Homes Deposit Booster gave me the funds I needed to jump on the property ladder.”
Elon Musk
Designer
“I love where I live, but I can’t afford to rent and save for a deposit to buy the apartment in this area. Knowing I can use a Deposit Booster has given me the ability to start my home-hunt now in the areas that I want to live, while still enjoying my life.”
Product details
Quickly compare how this product relates and compares to our other tailored solutions to help you get into your first home quicker.
Type
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Booster Partner
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Funding limit
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Term
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Repayment triggers
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Minimum deposit provided by you
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Interest rate
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Discover our other products
Our boosters are applied to your deposit savings to increase your deposit available to purchase your first home, as long as you contribute at least 5% of the price.
Equity Booster
You own the home and repay the invested amount plus any capital gain to the Booster Partner within 5 years, or when certain events occur.
Learn more
Capitalised Deposit Booster
A loan from the Booster Partner to you. You pay back the principal loan amount and accumulated interest within 3 years simply and securely.
Learn more

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This website is owned and operated by Backer Homes, including Backer Capital PTY LTD (ACN XXX XXX XXX) an Australian Financial Service licence holder (AFSL XXXXXX). The information contained on the website is for general information purposes only and is not, and should not be construed as, financial advice. The information contained the website reflects, as of the date of publication, the views of Backer Homes and sources believed by Backer Homes to be reliable. There can be no guarantee that any projection, forecast or opinion in these materials will be realised. The views expressed on this website may change at any time subsequent to the date of publication. Investors should seek advice from a professional financial advisor before making investment decisions. Past performance is provided for illustrative purposes only and is not an indicator of future performance. Net performance is net of the management costs and assumes distributions are reinvested. Refer to the applicable fund’s Product Disclosure Statement (PDS) for further information including the fees and costs of investing in the fund and risks of investing in the fund, available on the Fund’s webpage. Please visit our Terms of Service for more details. Read our Privacy Policy.