No Deposit Home Loans 97/3%

This type of no deposit home loan is specifically suited to first home owners where the purchase price is covered to 97% and the balance is made up by the grant.

The mortgage insurance can then be capitalised up to 100% in essence providing you with a no deposit home loan.

There are some advantages of using this type of no deposit home loan and we have highlighted some of these below:

97/3% No Deposit Home Loan Benefits

More competitive interest rates than pure 100% no deposit home loans
Lower mortgage insurance premiums that 100% no deposit home loans

So if you are a first home owner or do have some funds available and wish to obtain a more competitive interest rate and pay less for mortgage insurance then the 97/3% no deposit home loan is a choice you should consider.

All you need to do now is call one of our no deposit home loan specialists on 1300 723 927 or Contact Us via this site to find out which 97/3% no deposit home loan suits your needs best.

Alternatively more information on No Deposit Home Loans Can be found at our Parent Company.