No Deposit Home
Loans
No deposit? No worries! We believe everyone
deserves the chance to own a home and we have
a pathway to get you there.
Open the Door to Your Dream Home with No Deposit, High Possibilities!
At Mortgage House, we believe in turning aspirations into tangible realities. We understand the doubts that arise when others say ‘no’ or when homeownership feels out of reach. We’re here to redefine possibilities. Our No Deposit Home Loans offer a unique opportunity to step into the property market without traditional barriers. Where others may have said it’s impossible, we’ve made it possible. With us, homeownership becomes a reality.
This is the solution for you, if:
You have not yet been able to save enough deposit to get into the property market.
You have a credit issue from years ago that has stopped you from being able to borrow money.
You need to consolidate other debts like car loans and credit cards into one loan.
We offer a range of loan-to-value ratio options that cater to diverse financial situations. Whether you're borrowing at 100%, 105%, or even 110% LVR, our No Deposit Home Loans open doors that have previously been closed
Secure Your Dream
Start your journey towards your dream home with a 100% Loan-to-Value Ratio, meaning there are $0 required upfront.
Unlock Possibilities
With a 105% Loan-to-Value Ratio,
realise your dream sooner.
Expand Your Horizons
Cover extra costs like stamp duty and settlement fees with the 110% option to secure your new home.
This sounds too good to be true! What's the catch?
There are key elements of this home loan product you need to be aware of in order
to secure the 100%, 105% or 110% LVR home loan product.
It's as easy as 1,2,3:
Secure a home loan with no deposit and get into your new home sooner.
This will mean a higher interest rate and higher fees to get started as the risk for the lender is higher.
Make sure you make your home loan repayments on time every time.
As you do, you will be rewarded each year with a 0.25%* reduction on your rate, transitioning you closer to your typical everyday home loan rate for good borrowers.
You’ll have peace of mind knowing you are on the right track.
Make additional repayments and/or wait for your property to go up in value to increase the equity in your home. As soon as you are down to a 90% LVR (10% equity), we can reassess the loan to see if you qualify for a rate review.
Why Choose Mortgage House?
Tailored Home Loan Options
Unlike traditional lenders, we offer specialised LVR percentages like 100%, 105%, and 110%, providing opportunities for homeownership that align with varying financial circumstances.
Rewarding Responsible Borrowing
We recognise and reward responsible financial behaviour. Diligent borrowers receive a yearly reduction of 0.25%* to their interest rate as an acknowledgment of their consistent, responsible repayment habits.
Favourable
Transitioning
Our aim isn’t just to provide a home loan; it’s to guide you toward a more favourable financial setup. Through strategic planning and patience, you pave the way towards a more manageable and secure financial structure.
Start Your Journey to Home Ownership Today!
- No deposit? No problem. We pave the way to homeownership, breaking down traditional barriers.
- Beyond lending, we make dreams achievable. We understand your needs for your dream home
- Say goodbye to obstacles! We turn challenges into opportunities, fuelling optimism on your homeownership journey.
Apply Online Anytime, Anywhere
Trusted Award-Winning Lender
We’re one of Australia’s most awarded lenders and have been helping Aussies achieve homeownership since 1986.
Pay Off Your Loan Faster
What people are Saying
We have been with Mortgage House for several years and when we decided to refinance the decision to stay with Mortgage House was an easy one. Competitive rates and so amazing to deal with. We worked with Lending Specialist Niran this time who was absolutely fantastic. He kept us updated and informed throughout the process, made the process stress free and was always very polite and happy to explain everything to us!
We have dealt with Mortgage House for a number of years and found them to be extremely helpful in securing a great refinance deal. We have recently undergone an interest rate review and are very pleased with the outcome. Sara and her team were expeditious in their response and robust in securing a very competitive rate, we also received a response from the voice of Mortgage House, ‘Ken Sayer’ adding his personal touch during the process. The whole process was quick and easy and the constant updates from Sara along the way left us feeling confident of a good outcome. Mortgage House have secured us for another few years.