100% Loan for First Home Buyers
Increasing costs don't have to be a barrier to first home ownership
With the recent interest rate rise and an increasing cost of living there is no reason why the first home buyer cannot still realise their dream of owning a home.
Origin8 Loans Pty Ltd now offers the MAX first home buyer 100% LVR loan that is ideal for borrowers with limited or no savings.
This offering is particularly useful in the face of mounting economic pressure to save money.
No deposit required for your first home
Borrowers can still purchase their first home without having to save up for a deposit with our MAX first home buyer loan.
Instead borrowers can use their savings for stamp duty costs, renovations and setting up their new home.
First home buyer product summary
- For purchase and / or construction loans only (not for refinance)
- Repayments must be principal and interest, or interest only converting to principal and interest within 10 years (no interest only or lines of credit)
- Borrowers must be an Australian or New Zealand citizen or permanent resident
- Investment loans are restricted to a maximum LVR of 95%
- The LMI premium can be added to the loan, subject to the total amount insured (including the premium) not exceeding 100% LVR
Download
product brochure [pdf 80KB]