shadow s

Personal Solutions
Buy a property
Home loan products
Residential loans
Construction loans
100% loan »
Low doc & no doc loans
Seniors loans
Special circumstances
Adverse credit history loans
Equity finance loans
Understanding loan features
Comparison interest rates
Vehicle leasing
Getting started
Home > Personal Solutions > Home Loan Products > No Deposit Home Loans

No Deposit Home Loans

Good income, No Savings?
If you have the income to support a loan but no deposit, you may wish to consider this loan to help you into your own home sooner.

Typically, the lender will want to see good credit history, a strong and a stable income source. You will need to demonstrate strong savings history over a short period of time. There is an upfront fee which replaces the cost of mortgage insurance. The interest rate you will pay may be higher than a normal loan and you may be able to switch to another product once you have reduced your Loan To Value Ratio (LVR) and have built up some equity in your property within the guidelines of standard loans.

Costs are the upfront fee which is 2.5% to 3% of the purchase price and you will still need to fund the upfront costs such as property stamp duty, conveyancing, etc

Easy ways to find answers
Contact us T: 02 9972 4452
F: 02 9972 4605

or choose from the options below:
facebook Keep in touch on Facebook
apply online Apply online
Make an appointment Make an appointment
Email us Email us
We'll call you back We'll call YOU back!

aHomebuyers' Resources
aaReports & Checklists
aaLoan Jargon

mfaa logo  
Property Finance Professionals
PO Box 439 Gladesville NSW 1675
Tel: 02 9972 4452 Fax: 02 9972 4605
ABN 77 107 510 574 ASIC Credit License 388317
BF Ventures Pty Ltd T/as Property Finance Professionals
shadow aHome | Contact | Terms of Use | Privacy Policy © 2012
This site does not provide financial advice