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| No savings Home Loan |
No Saved Deposit Home LoansIf you have no savings, but both applicants have permanent full time jobs and above average earnings, we may still we able to provide you with a home loan , through our no saved deposit home loan program.
No saved deposit does not mean no deposit, and no saved deposit loans are not so those that have low incomes, or on welfare or Centre Link payments of any kind. They are for those with high incomes, and a stable work history, but for one reason or another cannot save the required deposit to meet are normal home loan qualification. To check out Australia's best home loan click here now! The down payment required is 10% of the home value, [net of your closing costs to buy the home], and this can be made up of a personal loan, the first home owners grant, a gift or a loan from family. No savings are required as long as you can meet the higher than normal qualifying income. |