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Zero Deposit Home Loans
A Smarter Structure
The loan works by combining two loan components into one seamless application:
- The Deposit Loan — covers up to 20% of the property price.
- The Primary Home Loan — covers 80% of the property price, repaid over 30 years.
Together, these two components fund up to 100% of your purchase price — with no LMI, no need for a guarantor, and no years lost waiting to save.
Who Is the Zero Deposit Loan For?
You don't need to be a first-home buyer to qualify. This product is built for a wide range of real Australians:
- Buyers close but not quite there — You have savings, good income, and strong credit — but you're still short of the full 20% deposit.
- First-home buyers locked out of government schemes — Many properties (especially in South-East Queensland) exceed the First Home Buyer Guarantee (FHBG) price caps. Around 75% of homes in Brisbane, Gold Coast, and the Sunshine Coast exceed these limits.
- Past property owners restarting — Whether you've been through a divorce, a sale, or a financial reset — you deserve a fresh path to ownership.
- Investors building a portfolio — Zero Deposit supports investment loans up to 98% LVR, making it a powerful tool for property investors.
- Couples with a non-citizen or non-PR partner — FHBG doesn't allow a non-PR partner's income to count. With the Zero Deposit Loan, your partner can be treated as an income guarantor, helping you qualify sooner.
Ready to Get Started?
Getting into your first (or next) home doesn't have to mean years more of waiting, saving, and watching prices climb out of reach. The Zero Deposit Loan gives you a real, structured, lender-backed pathway into the property market — today.
FAQ`s
It's a legitimate lending structure — not a gimmick. The Zero Deposit Loan combines two separate loans (a primary home loan for 80% and a deposit loan for up to 20%) into one single application. You're not borrowing without accountability — you're borrowing the full amount in a structured,lender-approved way, without needing to pay Lender's Mortgage Insurance. Think of it as a smarter way to enter the property market sooner.
While the loan can fund up to 100% of the purchase price, you will still need to account for upfront costs such as stamp duty, conveyancing fees, and other purchase-related expenses. Having some savings — even if it'snot a full 20% deposit — is important. Our brokers can help you understand exactly what you'll need to have ready.
The Primary Loan portion (80%) comes at one of Australia's lowest variable rates. The deposit component carries its own variable rate.
Since you're borrowing the deposit rather than saving it, there is a cost — but for many buyers, this is far outweighed by getting into the market years earlier and avoiding LMI costs altogether.
Absolutely. The Zero Deposit Loan is not limited to first-home buyers. It's available to:
- Past property owners (including those restarting after a divorce or life change)
- Investors purchasing an investment property (up to 98% LVR)
- Upgraders who haven't yet saved a full new deposit
Under government schemes like the First Home Buyer Guarantee(FHBG), your partner's income cannot be counted if they're not a citizen or PR— which can seriously reduce your borrowing power. The Zero Deposit Loan offers a different approach: your partner can be treated as an income guarantor, helping the application qualify based on your combined financial position. This is a significant advantage for many couples.
Yes! Self-employed borrowers are welcome.
Our brokers work with self-employed clients regularly and can help you prepare the right documentation for a strong application.
Yes. Zero Deposit loan supports investment property purchases at up to 98% LVR, making the Zero Deposit Loan a compelling option for investors who want to build their portfolio without tying up large amounts of capital in deposits.
No. There are no penalties for paying out the deposit loan early. This means if your financial position improves —through savings, a windfall, or refinancing — you're free to pay it down ahead of schedule without any exit fees.
This is a very common challenge — particularly in South-East Queensland, where approximately 75% of homes in Brisbane, the Gold Coast, and the Sunshine Coast exceed FHBG price caps. The Zero Deposit Loan has no government price caps, giving you the freedom to purchase in the suburb and property type that suits your needs and lifestyle.
