Own New Rate Reducer

Own New Rate Reducer is helping you purchase your dream home, with sub 4% interest rates, while still owning 100% of your property.

Own New. Pay Less.

Own New Rate Reducer is helping you purchase your dream home, with sub 4% interest rates, while still owning 100% of your property.

What is Rate Reducer?

Available nationwide, Own New Rate Reducer allows you to purchase a new build home with a lower interest rate mortgage. It’s a regular mortgage, just with lower monthly payments for the initial period.

Lower payments
Sub 4% interest rates
100% property ownership

How does it work?

Find your dream new build home and make a reservation.
Our sales team will generate and send you an Own New Letter of Acknowledgment, as well as sending to your Own New approved mortgage broker.
Exchange with a valid mortgage offer and deposit.
Wait for the build of your new home to be complete.
Own 100% of your new home!

Can Own New Rate Reducer help you?

Interested? Our friendly sales team will refer you to a broker and you can apply for a mortgage in the normal way.

They’ll help you determine if Own New’s Rate Reducer is right for you and of course, you will own 100% of your new home.