At CampaignAgent, we offer fast access of up to $500,000 of the equity in your property to help you bridge the gap between your property transactions.
It’s simple, fast and secure.
DepositNow is ideal for individuals who want a settlement advance on the equity in their existing property to help secure their next. Outbid the competition with a larger deposit or buy it on the spot.
DepositNow helps you access the equity in your home before settlement happens.You can apply for any amount between $30,000 and $500,000, so long as it is less than 80% of the available equity in your current property.^
Whether you’re downsizing or upsizing your existing home and need funds fast to purchase your next, we’ve got you covered.
You are an Australian Citizen or Permanent Resident.
You are borrowing against a property in Australia that has been sold.
You are the legal owner of your current property.
All registered owners of the property sold must agree and sign the contract.
The loan is for the deposit or purchase of your next property.
You meet our credit requirements+
+ Eligibility and approval is subject to standard credit assessment and not all amounts will be available to all applicants. Fees, terms and conditions apply.
Smart, Flexible & Cost-effective.
What is DepositNow?
DepositNow allows you to borrow against the equity in your home from the time of sale until settlement, for the purpose of buying a new home. This allows you to place a deposit on, or purchase, a new property whilst you wait for the settlement of your existing property to occur.
CampaignAgent allows you to pay off your DepositNow advance on the earlier of settlement of your property or 6 months after we fund you, which can be especially useful in situations like downsizing or having to balance mortgages while trying to purchase your next property.
DepositNow Can Be Useful When:
You need to access funds from $30,000 to $500,000 quickly.
Bank approval is taking too long, slowing you down to buying whilst selling.
You want to buy your next property whilst waiting for the settlement of your existing property.
You need financial certainty before bidding at auction.
You have a long settlement and cannot complete your new purchase until funds are available.
Get Started Today, For Your Next Move Tomorrow.
Complete The Enquiry Form.
Fill out our short online form to get the process started on your equity advance.
Review & Acceptance.
A member from our Customer Approvals team will contact you to discuss your interest in DepositNow.
Receive your money the next business day after the loan documents have been signed.
There are a variety of reasons why you may be selling your current property.
You might want a bigger house as the family grows, have a need for a home office or want a change of lifestyle.
So when it comes to getting what you want, don’t let finance get in the way.
Did you know the average homeowner is asset rich, but cash poor?
Take Kylie and Brad, they’ve just secured a new, bigger family home, thanks to DepositNow. They had recently sold their property, and settlement was still 120 days away. However, they’d just seen the perfect property and wanted to get in and secure it quickly before someone else did.
Knowing that the bank had a long process to provide them with a bridging loan and that they didn’t quite have the deposit they needed. Kylie and Brad took advantage of having early access to the equity in the sale of their current property to bridge their cash-flow gap.
By accessing $72,000 early, they were able to cover their cash-flow gap, secure the new property by putting down a higher deposit and make payment on the amount borrowed at settlement of their old property.
DepositNow is designed to give people like Kylie and Brad early access to the equity that’s been locked up in long settlements, so they can get on with life.
No matter the question, we'll be happy to answer it for you. Email us at firstname.lastname@example.org
We’ve helped over 100,000 customers.
Things you should know
The information provided by CampaignAgent should be treated as a guide and not an indication of pre-qualification for any loan.
*^DepositNow loans incur a fixed establishment fee of 2.49% of the amount borrowed. An interest charge of 1% per 30 days starts on day 61 and is charged daily on the outstanding balance until repayment. Loan repayment is due on the earlier of settlement of your property or 6 months after the date that we fund you.
Please note that any advice on this site is general advice only and does not take into account the objectives, financial situation or needs of any particular person. You should obtain financial advice relevant to your circumstances before making any decisions.