No deposit home loans

Buy sooner, even with little or no deposit

Most lenders want a deposit, but there are legitimate ways to buy with very little of your own savings: a family guarantee, the government's Help to Buy and 5% Deposit Schemes, and gifted deposits. We work out which route fits you and what it really costs.

Check my options Book a free appointment

Is this you?

Strong, stable income but little saved
Parents willing to help with a guarantee, not cash
First home buyers who may qualify for a government scheme
Buyers receiving a gifted deposit from family

Key facts

What you should know

0%Deposit possible with a family guarantee, subject to lender approval

2%Minimum deposit under the government's Help to Buy shared equity scheme for eligible buyers

5%Deposit under the 5% Deposit Scheme, with no lenders mortgage insurance

CostsYou still need funds for stamp duty (unless exempt), legal fees and moving costs

5% Deposit Scheme check

Check property price caps for your state and area, your minimum deposit, and the main eligibility rules.

Calculate now

Figures current as at October 2026. Scheme rules and caps change; we confirm them for your situation.

How it works

Our process

Check your options

We compare a family guarantee, government schemes and gifted deposits for your situation.

Plan the upfront costs

We work out stamp duty, fees and what you need in the bank on settlement day.

Get pre-approved

We match you with a lender whose policy suits low-deposit buyers.

Settle and review

After settlement we help you release a guarantee once your equity has grown.

Questions

Frequently asked

Can I really buy a home with no deposit?

Sometimes. The most common way is a family guarantee, where a parent's property equity secures part of your loan. You'll usually still need money for purchase costs.

Is a gifted deposit allowed?

Many lenders accept a gift from family with a signed gift letter, though some want to see some genuine savings as well.

Will I pay lenders mortgage insurance?

Not if a family guarantee or the 5% Deposit Scheme covers the gap to 80%. Otherwise LMI usually applies with less than 20% deposit.

Learn more

The 5% Deposit Scheme in 2026: Who Qualifies and How It Works

Buy your first home with a 5% deposit and no LMI. Here's who qualifies for the Australian Government 5% Deposit Scheme in 2026, the price caps and the catches.

5 min readRead more →

First Home Buyers

Help to Buy Explained: Buy a Home With a 2% Deposit

The federal Help to Buy scheme can contribute up to 40% of a home's price. Here's how shared equity works, the income and price caps, and who it suits.

4 min readRead more →

First Home Buyers

NSW First Home Buyer Stamp Duty Exemption: 2026 Guide

NSW first home buyers pay no stamp duty on homes up to $800,000 and less up to $1 million. Here's how the First Home Buyers Assistance Scheme works in 2026.