What’s The Catch — And Can You Really Qualify?
Saving a 20% deposit is hard enough. But most people don’t realise that buying with a small deposit is possible, you just have to meet a few key conditions.
Here’s what lenders look for:
- Strong, stable income
- Clean credit history (no late bills, big gambling spend, etc.)
- Good saving habits
If that sounds like you, chances are you’re closer than you think.
And if you’re worried about LMI?
We’ll help you explore lender-paid LMI options, government waivers, and strategies to reduce upfront costs.
50+ lenders for you to choose from
Our brokers will compare thousands of home loans to find you the best fit.
Our customers say it best
As a self-employed psychologist with only a 10% depositsaved, I was able to borrow 90% with waived LMI (other mortgage broker companies did not seem to be so aware of this option. their combined can-do attitude really put my mind at ease.)
I had been advised by various mortgage brokers that I needed to save up more money for a deposit. Then one day I got a call from Home Loan Experts and now we are about to own our first home having secured a formal approval.
I was nervous as my credit rating was not the best due to some issues 3ish years ago. A little context, single female one income no dependents with 5% deposit. Secured a home loan quickly, explained everything well and absolutely could not fault them!
4.9 out of 2,000+ reviews
4.8 out of 430+ reviews
4.8 out of 940+ reviews
Award-Winning Expertise At Your Service
-
Enquire with us.
Fill out our quick assessment form or call us at 1300 889 743.
-
Understand your situation.
A dedicated expert will connect with you to understand your specific goals. Together, we’ll assess your current mortgage standing.
-
Secure your ideal refinance solution.
Leverage our network of lenders to find the best option based on your needs.