Can I get a home loan with a low deposit?
Did you know could buy your own property with little or no deposit?
Not all lenders look at deposits the same way and you might not need as much as you think. We know who'll lend with as little as a 5% deposit, let you use rent as genuine savings or allow you to use a guarantor to help with your home loan.
With no deposit home loans, it's very important to shop around - lenders assess deposit criteria differently and a Loan Market mortgage broker knows what each lender is looking for. Your broker can also assess your needs and financial situation and make sure you're presented with the right options for a low deposit.
A Loan Market broker can:
- Show you the loan products that require the smallest deposits
- Maximise your Genuine Savings
- Help you set a plan to build a loan deposit
- Show you the right options for using a guarantor