No deposit home loans in Australia have become completely unavailable in early 2009.
The last remaining option we know of will cease early next week.
This site will be progressively updated over the coming days to reflect the rapid changes that are coming about.
The old No Deposit Home Loan website can still be accessed via clicking this link but please be warned that no responsibility is taken for accuracy of information within the old No Deposit Home Loan website.
Presently there are some limited options available where up to 95% of the purchase price may be borrowed although lenders mortgage insurance is not allowed to be above 95%.
The other option which still remains unaffected is to use a security guarantor which could enable borrowers to borrow up to 110% of the new property purchase price.
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.