Low Deposit Home Loans

Wake up in your dream home

Renting? Low deposit? Strong income ?

We can help

The quicker you step onto the property ladder, the faster you start building life as you want it. We know that saving a deposit can be challenging, that’s why we’ll tailor a home loan solution so that you can buy today.

Structured specifically to suit high-income earners with a growing deposit and a great rental track record, we can arrange a loan to help you get into your dream home sooner.

Just talk to us.

Genuine and Non-Genuine Savings

Borrow up to 95% LVR inclusive of LMI

(max LVR 95%)

Our Low Deposit loan caters to borrowers who:

Have little in the way of a deposit
Do not have 5% genuine savings to contribute to a deposit
Equity contribution may be by way of a gift
First Home Owners Grant or 6 months rental statements as support of a 5% deposit

Features

Dynamic Repayments
Redraw
100% Offset
Split Loan Facility
Internal Portion Transfer
(if a split loan)

Loan Access System
Loan Access Card
Inward BPAY
BPAY
Outward Third Party Debits

Secure loans up to 95% of the property valuation

Potentially borrow up to 95% of your property’s value

Fast turnaround times

We manage the application and settlement process end-to-end

Your own personal relationship manager

Your Personal Relationship Manager to help you along the way

Get your free consultation

Client Stories

I was looking for a change and found the perfect new home with a sunny balcony in vibrant Surry Hills. Not ideal timing as I had just opened a new studio however the team at Mortgage Direct were able to arrange my financing so I could buy my dream home, thanks Jo ! Peta

All applications are subject to the relevant credit provider’s credit assessment and loan suitability criteria. Terms, conditions, fees and charges apply.