No Deposit Home Loans

Genuine Savings Changes Huge Win For Home Buyers

personOtto Dargan access_timeMarch 22, 2018

One of the biggest barriers to buying a home is saving the deposit but recent changes to lending policies means it’s now easier to get a home loan if you don’t have genuine savings. That’s because Genworth, Australia’s largest Lenders Mortgage Insurance...

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The Truth About Being A Home Loan Guarantor

personOtto Dargan access_timeJanuary 1, 2017

If you’re a mum or dad, chances are that you’re watching property prices going up across the country and worrying a lot about your kids buying a home of their own one day. You may have thought about helping your child out by acting as a guarantor on their home loan, but...

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Can I Use My Rental History To Get A Home Loan?

personOtto Dargan access_timeMay 5, 2015

error Rental history can be used in place of genuine savings to determine if a borrower can commit to a home loan. You will still need a deposit to get a home loan. It’s becoming more expensive than ever to rent a place in Australia and the cost is only set to rise,...

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How Do Guarantor Home Loans Work?

personOtto Dargan access_timeNovember 16, 2014

Are you struggling to save up enough for a deposit to buy a home? According to the RP Data-Rismark Home Value Index (May 2012-June 2014), the past two years has seen average capital city house prices rise by around 16 per cent. That’s great if you’re an investor. For...

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Home Buyers Love Guarantor Home Loans

personOtto Dargan access_timeNovember 6, 2014

Are you tired of living at home or renting? Are you struggling to save up enough for a deposit on a home? A guarantor home loan is still the best way to get a home loan with no deposit. With property prices set to continue their march for most Australian capital cities over...

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Do You Need A Deposit For A Home Loan?

personOtto Dargan access_timeAugust 14, 2014

Most people think that you need a huge deposit in order to get approved for a home loan but the truth is that you can still borrow up to 95% of the purchase price! In fact, in some cases, borrowers may even be able to borrow up to 105%, allowing them to own their dream home...

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Another Way To Get Your Kids To Move Out

personOtto Dargan access_timeJuly 14, 2014

Great news! A brand new home loan from one of our lenders is giving parents the opportunity to help their children to buy a home and avoid some of the associated risks that come along with being a guarantor. You could also stand to make a profit as well! How does it work? Well,...

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APRA Tells The Banks What To Do

personOtto Dargan access_timeJune 5, 2014

Did you know that the Australian government monitors and reviews the lending criteria of the banks? The Australian Prudential Regulation Authority (APRA) released for consultation ‘APG 223 – Residential Mortgage Lending’, a draft prudential practice guide intended...

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Should I Rent Or Buy?

personOtto Dargan access_timeAugust 20, 2013

It can be one of most difficult decisions to make, to decide whether you want to continue living in someone else’s house or have your own. And why shouldn’t you have your own house? Research has shown that 70% of all Australian households own a home – one...

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