No Genuine Savings is No Problem

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No Genuine Savings is No Problem!

How much can you borrow with no genuine savings?

Most lenders require you to prove that you have saved a 5% deposit.

However, with the Breakthrough Quickstart loan, you could own your next dream home sooner by using a deposit made up of money received as a gift or from the First Home Owner's Grant.

Loan features

  • 100% offset account

  • No ongoing fees

  • PAYG or self-employed borrowers

  • Includes LMI capitalisation

  • Company or trust borrowers acceptable

Terms and conditions

Maximum loan amount $750k (security location restrictions may apply), must be for a purchase of an Owner Occupied property,

Principal & Interest repayments, good credit history, maximum LVR 95% including LMI,

Stat Dec must be provided if deposit is a gift.

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