Borrow up to 95% of the purchase price by meeting some additional lending criteria
If saving a 20% deposit to put towards your first property seems out of reach, a low deposit home loan could help you break into the market sooner.
A popular choice for first home buyers, a low deposit home loan or 5% deposit home loan will let you borrow up to 95% of the purchase price. It can save you years of trying to pull together a bigger deposit, which in a growing market could ensure you aren’t priced out.
It can be difficult as a first homeowner to know what low deposit home loan choices will suit your needs. Our experts can talk you through the options available and assess your financial situation to ensure your repayments will fit comfortably within your budget.