No Savings, No Guarantor Albany WA

Home Group WA have a team of qualified in-house financial experts in Perth. They specialise in construction loans so you can avoid the stress and minefield of understanding standard, low deposit home loan options and confusing financial packages which are rife within the market.

The Home Group Finance team understand construction-based lending and understand the new home building process. They will be familiar with the home you want to build or the house and land package that you desire and will look for financial solutions that suit your circumstances. They will search for the best deal for you from a huge range of financial institutions and they will look for the interest rate and repayment terms that are best for you. They can also provide advice on the savings or deposit you may require, and in some cases, you might not need any savings at all. They will clearly explain repayment terms and what sort of deposit you may need to get into your dream home. Some buyers may even find that with a Home Group financial specialist working on their behalf, they can actually afford a bigger home than they expected, or even have lower repayments than they thought.

Find out if you qualify for a new home

Please complete the form and one of our team will be in touch to assist you as soon as possible.

First Homebuyer Grants
No & Low Deposits
Keystart Homeloans

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Get Into Your Own Home Sooner!

From the beginning Home Group were smooth sailing. If we had an issue during the build it was fixed quickly without question. The quality of our new home is amazing and everyone who walks through our front door is wowed! We are in love with our new home!

I would highly recommend Home Group

Sabrina & Dylan

First Home Owner Grants

Home Group’s expert finance team can assist you with getting Federal or WA State Government grants that are available at the time. Sometimes the qualifications needed for grants can be confusing, but your Home Group Finance consultant will make it easier for you to understand. First home buyers in Albany & Great Southern may be able to take advantage of special First Home Owner Grants which can make a significant difference to your first home loan and your repayments.

Keystart Home Loans

Along with the available grants for first home buyers, WA home buyers can apply for a Keystart home loan which only requires a minimum 2% deposit. This no savings home loan option can allow for your deposit to be taken from the First Home Buyers Grant. This can help in ensuring there’s no lenders mortgage insurance (LMI) which can save you thousands. Keystart’s low deposit home loans are a popular option but may not suit everyone, so it’s worth listening to advice from the experts.

Get Started with a No or Low Deposit Home Loan Today

If you’re looking at buying a home in Albany & Great Southern with a low deposit, having the Home Group Finance team working for you as soon as you start thinking about building a new home makes the whole new home building process easier, simpler and quicker. To find out more about Keystart’s no savings and low deposit home loan options, get in touch with Home Group WA on (08) 9841 2333 today.

Home Loan FAQs

Low & No Deposit Home Loans

  • What is a low deposit home loan?

    Keystart offer low deposit home loans where they lend 98% of the purchase price. That means you’ll only require a 2% deposit to get started!

  • How do I take out a low deposit home loan?

    Here at Home Group, we have finance specialists from Home Finance WA that specialise in construction-based lending and can find the finance solution and package that best suits you! We have exclusive relationships with Keystart and major home lenders and we can ensure you have access to all the relevant government grants.

  • What are the benefits of a low deposit home loan?

    There are plenty of benefits to securing a low deposit home loan with Home Group WA. These include:

    • Achieving your home ownership goals sooner
    • Getting into the market quicker
    • You can stop paying rent (and someone else’s mortgage)!
  • What are the pros and cons of no-deposit home loans?


    • Get into your home sooner
    • Stop wasting money on rent
    • Home Finance WA can help you choose the right product to suit your low deposit finance lending


    • Only some lending bodies have these type of loans
    • In some cases, you may pay a high interest rate initially
  • How do I get a no deposit home loan?

    Speak to our in-house brokers from Home Finance WA who specialise in construction-based lending.

  • Can I build a house in Great Southern with no deposit?

    Yes, if you are a first home buyer, there are some no deposit home loan options available on certain house and land packages.

  • Could a low deposit home loan be suitable for me?

    Yes, it could! First step is finding out if you qualify for a low deposit home loan. Our skilled qualifiers can assist you with this. They will then pass your details onto one of our home loan specialists who can discuss finance solutions for your individual requirements.

First Home Buyers

  • What is the First Home Owner Grant?

    The First Home Owner Grant (FHOG), often referred to as the first home buyers grant, is a one-off payment from the WA Government to encourage and assist people to build their first home. You can also use it to secure a house and land package.

  • How much is the First Home Owner Grant in WA?

    The First Home Owner Grant is $10,000.

  • Who is eligible for the First Home Owner’s Grant?

    In order to be eligible for the FHOG, you must be at least 18, an Australian citizen or permanent resident, and:

    • haven’t received it previously
    • haven’t owned a residential property anywhere in Australia before 1 July 2000
    • haven’t owned residential property anywhere in Australia on or after 1 July 2000 and occupied that property as a place of residence before 1 July 2004
    • haven’t owned residential property anywhere in Australia on or after 1 July 2000 and occupied that property as a place of residence for a continuous period of at least six months that began on or after 1 July 2004.
  • What’s the most I can spend and still get the FHOG?

    The maximum you can spend on your first home to remain eligible for the FHOG is $750,000 in the Great Southern area.

  • Do I need to apply for the First Home Owner Grant?

    Yes, your broker can also assist with lodging this application.


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