Offering a pathway to homeownership while delivering returns to investors
Mondus Capital is revolutionizing home lending with its latest offering aimed at easing the financial burden of aspiring homeowners. Through their innovative loan product, customers can secure loans of up to 25% of the property’s value in exchange for granting Mondus Capital a 40% share of any appreciation in the property’s value. With a minimum term of five years, homeowners have the flexibility to refinance or sell their properties, providing Mondus Capital with its share at that point.
The initiative aims to address the widening gap between property prices and income growth, ensuring that homeownership remains attainable for all Australians.
“Our shared equity model not only facilitates early entry into the property market but also allows buyers to capitalize on property value appreciation while paying off their homes.”
Nir Davidson, CEO and founder of Mondus
This unique lending model, a first among Australian deposit lending businesses, prioritizes quality properties in high-growth areas of capital cities. Mondus Capital maintains stringent credit controls and a meticulous borrower selection process, ensuring a balanced and sustainable business model.
Currently, Mondus is laying the groundwork for a capital raise on an equity crowdfunding platform. The proceeds will be utilized to establish a digital platform and initiate lending contracts for up to four properties. Discussions with institutional lenders for an additional $50 million investment will enable Mondus to expand its operations, potentially benefiting hundreds of aspiring homeowners.
Investors participating in the crowdfunding round have the opportunity to acquire ordinary shares, supporting a local initiative with the potential to address the housing affordability crisis. Davidson views this as a significant opportunity for investors to contribute to a solution amid ongoing challenges faced by policymakers in addressing housing affordability nationwide.
