MyBrix has innovative funding options for everyone. Here we detail the funding options available to people looking to release equity to fund their life and stop being "Asset Rich & Cash Poor".
Release funding is how people over the age of 60 release the equity in their home without needing to make any repayments or loose equity to interest.
Release Funding is based on our ground breaking No Interest and No Repayment solution for owners of residential property in Australia.
Owners sell fractional interests to investors at a discount off the market value of the property.
Investors, along with you share proportionally in the capital growth of the property, over a period of up to 10 years
You will have the opportunity to release equity up to 5 times, each time at the current market value (less any discount you offer), ensuring you always get full value for your equity.
Each time you release more equity, you will have the option to extend the term of your agreement, if you extend the term you may need to compensate previous investors who were expecting a maximum of 10 years. The value of this compensation will be discussed with you when you want to release more equity. Compensation is in the form of "Bonus Brix" you allocate from your holdings to existing investors.
Looking to unlock equity from your home without taking on more debt or loosing equity to interest? That’s where Release Funding comes in. You access the value of your property while still living in it, without the stress of interest or monthly repayments. Want to learn how it works and see if it's the right move for you? Book your free no obligation consultation today
Our calculator below lets you model your specific circumstance and understand how Brix Discounting works in relation to your equity to access No Interest & No Repayment Finance save using Index Funding.
MyBrix is an innovative solution for property finance that breaks free from outdated traditions. Here are some typically questions. property owners have, see our Frequently Asked Questions (FAQ) page for more details.
MyBrix does not provide any financial or other advice, you must obtain your own independent financial, legal and tax advice regarding the appropriateness of using any MyBrix Services, having regard to your personal objectives, financial situation and needs.
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