No Deposit Home Loans - Australia Wide
Genuine No Deposit Home Loans- Borrow up to 106% of the Purchase Price of a
Residential Property or 105% for a Construction
Loan
Most people are surprised to learn that they can
borrow 100% or even 106% of the purchase price (subject
to valuation) of a residential property. For years their
parents and friends have been urging them to save for a
deposit, but it's hard to save for a deposit and pay
rent as well. The good news is that genuine no deposit loans are
now available Australia wide and in most cases there is
no interest rate penalty! (Beware; some lenders are
advertising 100% loans but in fact, require 3% genuine
savings, or charge an extra 4.5% in mortgage insurance).
So now it's much easier to get out of the rent rut and
start paying off your own home instead of the
landlord's.
Compare 100%
lenders (see table below)
- No genuine savings required.
- Borrow up to 106% of valuation.
- Owner occupied or investment
- PAYG or self employed
- No interest rate loading for 100% no deposit home loans
- For 106% loans, First Home Buyers can keep the $7000 grant!
- Available in all metro areas and most larger
regional centres across Australia.
- Good credit history essential (One lender will
consider up to $1000 in paid defaults)
- BREAKING NEWS..... 105% construction loans now
available for investmemt as well as owner occupied !
- MORE BREAKING NEWS..... 105% debt consolidation
home loans now available!!!
Compare No Deposit
Lenders (We only list genuine no deposit
lenders)
|
Lender |
Max
LVR % |
Mortgage Insurance
% |
App
Fee |
Investment |
Construction |
Land
Purchase |
Refinance |
|
A |
100 |
2.4 -
3.4 |
$600 |
no |
yes |
no |
no |
|
B |
100 |
2.1 -
2.8 |
$850 |
yes |
yes |
yes |
no |
|
C |
105 |
2.5 |
$900 |
yes |
yes |
no |
no |
|
D |
105 |
2.5 |
$770 |
yes |
yes |
no |
yes |
|
E |
106 |
3.35 |
$600 |
yes |
no |
no |
no |
Please contact us for interest
rates for each of the above lenders.
We are now in the top 3
St George No Deposit loan writers in Australia!
At ABC Mortgages we now have three 100% lenders (St
George and two non-bank lenders). Our success rate with
St George is greater than 90%, compared to the national
average of 60% (including all other brokers and St
George branches). So your chances of success are much
higher with ABC Mortgages than going directly to the
bank and best of all our service is FREE and we come to
you.
For a FREE phone quote to find out your No Deposit
borrowing power just fill in the contact form above.
To find out how you can gain a HUGE advantage in
negotiating power and save thousands when purchasing a
home in Australia with our no deposit home loans
go to our The
Power of Pre-Approvals
page. | 
