The current lending environment offers unprecedented opportunities for buyers with minimal deposits and competitive rates. Many borrowers lack the traditional 5% deposit for government LMI waiver schemes, but multiple innovative alternatives now exist.
𝗖𝘂𝗿𝗿𝗲𝗻𝘁 𝗟𝗼𝘄 𝗗𝗲𝗽𝗼𝘀𝗶𝘁 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀:-
𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗦𝗰𝗵𝗲𝗺𝗲 (𝗘𝘅𝗽𝗮𝗻𝗱𝗲𝗱 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟮𝟬𝟮𝟱)
- 95% lending with 5% deposit, no LMI – unlimited places, no income/price limits
- Rates from 5.29%
𝗧𝗿𝗮𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗛𝗶𝗴𝗵-𝗟𝗩𝗥 𝗢𝗽𝘁𝗶𝗼𝗻𝘀
- 95% lending + capitalised LMI – from 5.64% owner-occupier, 6.04% investment
- 80% + 17.5% second mortgage – no LMI
𝗗𝗲𝗽𝗼𝘀𝗶𝘁 𝗙𝘂𝗻𝗱𝗶𝗻𝗴 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀:
- 90% lending + AffordAssist deferred deposit for 10% + LMI – 0% interest over 5 years
- Personal loans for deposit portion – typically 8-12% over 5-7 years (alternative)
These solutions require strategic matching of client circumstances to appropriate products, with all loans requiring demonstrated serviceability for total debt obligations. Most options suit the majority of metropolitan and regional properties with standard restrictions applying.
The pathway to property ownership has been revolutionised – making homeownership more accessible than ever before.
Contact us to discuss which solution best fits your circumstances.
* current % and lender policy at 2025-10-28 and can change without notice
