Normally you have to save at least a 5% deposit plus costs before applying for a loan. With a no-deposit loan, you can borrow 100% of the purchase price of the property, but you still have to pay your normal property purchase and finance application fees and lender's mortgage insurance. X Inc Finance has different lender options like 'Quick Start' which has no LMI or loan extension fee. While it does have a higher interest rate and higher early termination fee, it could be a good option for some professionals. Another offers a 100% home loan up to $500,000 with 100% offset, Visa debit card and interest only up to 10 years, This loan is available for both owner occupier and investors. Economy Home Loans offers a great low rate 100% home loan with no application fee.

106% Home Loans
One X Inc Finance lender offers a 106% home loan which gives you the ability to get a loan when you have no money at all, can't finance the cost of the fees and are prepared to pay a higher interest rate. People with no real savings, like professionals or first-home buyers on good incomes, people re-establishing themselves after a relationship break-up or higher-income investors wanting to fully leverage a "stand-alone" property, might be interested in this kind of loan.

call me about 100% home loans Just fill out your details below and a broker will contact you within 2 business hours.
name:
postcode:
phone:
email:
Enter word verification in box: