The
starting point is that a “No-deposit”
loan doesn’t mean a “No money required
from the applicant” loan.
Even if you are eligible for the First Home Owners
Grant, there is still the question of stamp duties
and other costs of purchasing. You will find helpful
examples of these on our “Purchasing &
Borrowing Costs” page.
Knowing these costs will enable you to work out
with you which loan you may qualify for. Then you
can check your chances on the chart below.
We have a number of loans that will provide
up to 100% of property value. In addition to these, we have some
who will allow a family guarantor’s property
as top-up security. Some require a small percentage
of genuine savings, some don’t. So, we have a number of options we have to help you through
the maze to home ownership.
Check yourself out on these general points to see
if you might qualify:
| Family Guarantor
Loans |
100% Loans |
| Clear credit history |
Clear credit history |
3 Months min employment
2 yrs min if self employed |
6 months min employment
2 yrs min if self employed |
| Average Income Required |
High Income Required |
| Average Outgoings |
Average Outgoings |
| Most Town Locations |
Larger Towns Preferred |
| Consenting parents, with
sufficient equity |
N/A |
Reading down, if you think you fulfil the general
requirements in the column that applies to you,
please email us the mini application form and we
will get straight onto assessing your prospects
of obtaining one of these no-deposit loans info@allhomeloans.com.au
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