A No Deposit Home Loan will help you buy your apartment sooner.
- You don’t have to save for a deposit;
- You do need to make sure you can afford the repayments and have funds to cover the transaction costs such as lending fees, legal fees and other charges like inspection fees;
- You still have a choice of fixed of variable interest rates;
- Repayments can be made monthly fortnightly or weekly and you can arrange additional payments if you have a windfalls;
- The First Home Owner Grant is not asked for as a deposit.