No Deposit Home Loan

A no-deposit home loan allows buyers to secure a property without needing upfront savings. Mass Financial helps borrowers explore options such as guarantor loans, government assistance programs, and lender-backed solutions to make homeownership accessible. We guide you through the process, ensuring you find a lender willing to finance 100% of your purchase.

A No Deposit Home Loan allows borrowers to secure a mortgage without needing a traditional deposit. Instead of saving a lump sum, buyers can use alternative options such as a guarantor, government schemes, or lender-specific programs to finance their home purchase. This option is ideal for first-home buyers, young professionals, and those struggling to save a deposit, helping them enter the property market sooner.

✅   No Savings Required – Secure a home loan without a traditional cash deposit.

✅   Guarantor Support – A family member (typically a parent) can offer equity from their property as security instead of a deposit.

✅   Government Assistance – Eligible borrowers may qualify for First Home Owner Grants (FHOG), the First Home Guarantee Scheme, or Stamp Duty Concessions to reduce upfront costs.

✅   100% Financing Available – Some lenders provide full home loan financing under specific conditions.

✅   Lenders Mortgage Insurance (LMI) May Apply – If a guarantor isn’t used, lenders may charge LMI on high-LVR loans.

At Mass Financial, we help homebuyers secure a no deposit home loan through tailored financial solutions. Whether using a guarantor, government assistance, or lender programs, we’ll guide you to homeownership faster!