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.
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.