No Deposit Loans

It is possible to secure a loan with no deposit. Of course, there is a process to follow and requirements that mess be met but the Iconic team are always helping keen first home buyers in Perth who  are employed and motivated but don’t have a deposit amount saved.

Some of the possible solutions we use with our first home buyer clients include:

  • Use unsecured borrowing as deposit to build or buy first home
  • Use parents equity in property as security  to build or buy first home
  • Use parents funds in term deposit as security to build or buy first home