Wondering if you need savings for a home loan without a deposit? Here are some alternatives to consider: Family Guarantee – 105% Loan: This is the ultimate zero-deposit home loan option in Australia. A guarantor (usually your parents) can secure the loan with their property, allowing you to borrow 105% of the purchase price with noneed for personal savings. Use Equity As A Deposit: If you have enough equity in your current property, you can skip the savings requirement altogether. But what if you don’t meet these criteria? Don’t worry, there are still options for low deposit home loans: Explore Low-Deposit Home Loan Options: Link First Home Guarantee: A nationwide program enabling first-time buyers to purchase a property with a deposit as low as 5%, without the burden of Lenders Mortgage Insurance.Family Home Guarantee: Designed to support eligible single parents or legal guardians with at least one dependent in their quest to own a home sooner.Shared-Equity Schemes: Consider par