Low & 100% home loans remain popular as a practical method of securing a property at TODAY’S prices with little or no deposit.
Yes, you can buy with no deposit — if you know how. At IFCA, we specialise in helping clients break into the property market without a traditional deposit. With the right support, structure, and strategy, 100% home loans are absolutely possible — even if you haven’t had years to save. There are still a number of pathways for Low and No Deposit lending. These types of loans have differring policy that we help you navigate to find the right fit to suit your employment & income, family situation and affordabiliy.
To structure a No Deposit 100% loan, the applicant requires;
Savings history or equity in a property is important even if you are not planning to use these funds in the settlement. *except in some Family Guarantee applications where applicants can show rent has been paid.
So how can I still borrow with Little or No Deposit?
OPTION 1: With a guarantee from your parents or a family member
Family Guarantee at a glance
- Buy your own property sooner
- Avoid paying Lender Mortgage Insurance
- Maximise the amount you can borrow (up to 100% of the purchase price, plus costs such as stamp duty and other legal fees)
- If your family member own a property and are willing to guarantee your loan, then you can borrow 100% or more of the puchase price without proving any savings of your own.
- This will eliminate paying the Lenders Mortgage Insurance premium and maximises the amount you can borrow.
- The guarantee is secured by your parents property, behind their existing mortgage. Because of this additional security, some of our lenders are willing to waive the requirement for any savings.
- This option is by far the most common way for first home buyers and investors to borrow the full purchase price of a property.
- The family member should have income outside of a Government Pension and have equity in their property.
- Guarantors can be parents, parents-in-law or step-parents (grandparents and siblings will also be considered)
- Guarantors can determine what portion of the loan they will secure (they don’t have to provide a guarantee covering 100% of your loan amount).
OPTION 2: With a 100% loan
This is a popular product with home owners and investors alike. Borrow up to 100% of the purchase price.
So what is the catch? There is no catch other than you are borrowing 100% of the value of the property and the income needs to be sufficient to support the higher loan amount. The total loan is split into two and one loan is structured ove 30 years, and a smaller loan is structured over 7 years ata slightly higher rate. So instead of saving for your deposit and property continuing to go up in value and paying more than you need to, while you are paying dead ? Option 2: 100% Home Loan
Why wait to save a deposit when you can buy now?
This is a popular solution for both homebuyers and investors looking to get into the market sooner — borrow up to 100% of the purchase price without needing a traditional deposit.
So, what’s the catch?
There really isn’t one — as long as your income can support the loan, this could be a smart alternative to saving for years while property prices continue to rise.
The loan is simply split into two parts:
- The main loan is structured over 30 years
- A smaller secondary loan (effectively your deposit) is structured over 7 years at a slightly higher interest rate
Why this makes sense:
Instead of:
- Watching the market climb
- Paying rent (dead money)
- Struggling to save a 20% deposit
You can:
- Buy now, move into your new home
- Start building equity from day one
- Pay off the smaller top-up loan (your “deposit”) faster while enjoying the benefits of ownership
Smart structure. Sooner access. Stronger outcomes.
Let’s see if this is the right fit for you.
Please call us on 0404273131 and one of our mortgage brokers who specialises in Low and No Deposit Loans will call you to discuss your situation in detail.
Or Fill Out the Express Enquiry Form below (This does not affect your credit rating)