As of midnight 9th April 2009 no deposit home loans were withdrawn from the market. There are now no lenders on our panel that offer 100% home loans. To borrow 100% of a property price a guarantor is required. The guarantor needs to own a property and have sufficient equity in it. If you don't have a guarantor the maximum you may now be able to borrow, as at 16th April 2009, is 97% of the purchase price. Please note though that in order to borrow 97% of the purchase price you will be required to have 'genuine savings' of at least 3% of the purchase price if you are a first home buyer or 5% if you are not a first home buyer. This page is in the process of being updated. In the meantime if you have a guarantor or you are interested in a 97% home loan please contact us on 1300 66 12 11 or visit our contact us page.
If you are happy with the
amount we have estimated you can borrow and want to proceed
with attaining a home loan pre-approval please proceed to the
secure No
Deposit Home Loan Pre-approval form, and we will contact
you to discuss your loan options. We will also verify that you
have enough funds to pay for the property purchase costs. Please
note that you are not obligated to proceed with a loan by completing
this form and you will not be charged a fee for the use of our
services.
Bank fees, charges, terms &
conditions may be applicable.
* Interest
Rates and Fees are subject to change daily.
* All figures are estimates and are a guide only, any additional
fees and charges are the responsibility of the applicant(s).
* Loans are approved or declined on their merits by the specified
lender and a loan approval is not guaranteed.
* We believe the information in this table to be correct. However
we can give no warranty to this effect and we expressly disclaim
any liability for loss or damage by any person acting upon advice
contained in this chart.
