Although the traditional no deposit home loan has become unavailable in Australia recently there are still options which may suit some applicants with limited or no deposit.
There is still the equity guarantor option available which could allow an applicant to borrow up the 110 percent of the purchase price by linking the security of another property to the property being purchased.
Also at the time of writing there are still low deposit options available requiring a deposit of either 3 percent or 5 percent while other lenders now require a full 10 percent deposit at this time.
Important Information!
All information and loan option scenarios contained within this no deposit home loan site can only be general in nature and may not suit your specific individual requirements! Always seek independent professional advice before selecting or applying for any type of finance. Information, products and services are subject to change or alteration or withdrawal without notice. Always check before acting and always seek independant professional advice.