Stop Renting

You could be a homeowner for around the same cost as renting even if you have no deposit!

No Deposit Home Loans

How to buy a house without a deposit

For many people home ownership seems like an impossible dream.  But for many, it is possible with our unique "no deposit home loan" strategy.  

Is there Really such a thing as a No Deposit Home Loan?

Well, not really, not unless you have another property that you can put up as security. If you go to a bank, and ask for a no deposit home loan you will be shown the door pretty quickly. But you may still be able to buy a home without a deposit by following our simple but revolutionary model. 

If you meet the eligibility criteria, will will help organise a deposit loan for you, and our brokers will find the best mortgage for you, structured so that all payments are within your budget. So while there is not a no deposit home loan available, you may still be able to buy a home with only $1,000 of your own.

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Can Anyone Qualify for our No Deposit Home Loan Scheme?

To be honest, no.  You have to be able to afford the repayments so there are minimum income requirements and you need a clean credit history.  The house you are buying must also meet the bank's valuation criteria.  Why Rent works with some of the best builders and lenders on the Gold Coast and in Brisbane to create housing packages that suit purchasers who want to buy but have low deposit or no deposit.


Do you qualify?  Fill out the enquiry form on this page and we will call you to work out if you qualify.  Dont wait, after all, if you qualify for our no deposit home loan scheme, Why Rent?

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