11/10 customer service
From the first enquiry through to settlement, the team were incredibly knowledgeable, responsive and friendly. I felt supported and empowered every step of the way. The model and service OwnHome provide is unique and what a lot of people need; enabling those who can absolutely service a mortgage, just without the 20% deposit. Thank you team!
Andy
Trustpilot
Thanks to OwnHome, our dreams became a reality. As migrants buying a home in Australia, we were presented with daunting challenges, especially with skyrocketing house prices. As first-time buyers, we struggled to keep pace with the market's demands, often losing out on homes we loved.
Gliezl
Google
My experience with OwnHome has been beyond excellent. The entire team is passionate and committed to helping young Aussies be able to own a home. Ben, Josh and Jarrad were professional yet friendly and always available to answer every question of mine.
Ankush
Trustpilot
The support provided by the OwnHome team, particularly the Homebuying Team was outstanding. The fees paid were absolutely worth it as I feel that I saved at least double what my OwnHome fees were on the better purchase price.
Nathan
Trustpilot
Jarrad and the team went all out to get us in our home, excellent service! I cannot express enough how responsive, helpful and hard working the team was throughout the process. After 14 years of renting we are now in our own home, thank you OwnHome!
Gillian
Google
The OwnHome team, with their blend of professionalism and a touch of cheekiness, made us feel more like partners in crime rather than clients. Their buyer’s agent service wasn’t just about finding us a property; it was about finding us a home that ticked all the boxes, often before we even knew what those boxes were.
Jonathan
Google
🏡 We feel incredibly fortunate to have discovered OwnHome through our broker. In our quest for our first home, despite having some savings, a house deposit seemed like an insurmountable hurdle. [...] 💞 Our heartfelt thanks to the incredible team at OwnHome for turning our homeownership aspirations into a beautiful reality.
Zuri
Google
From day one my husband and I came across an amazing team who guided and supported us on every step of the way. Friendly and caring, they made sure we secured the best possible property without overpaying. Customer service 11/10.
Camila
Trustpilot
The OwnHome team were great from start to finish, they were helpful, professional & friendly throughout and made such a huge & complicated process so much easier. We are so grateful for all their help, from the initial conversions with Ben guiding us through eligiblity, determining suitable homes with Josh and purchasing with Claudia, all were amazing!
David
Google
OwnHome helped me get into the housing market earlier without having to save for the deposit. I'm now living in my brand new home. While providing with the required loans, the team also made the home buying process simpler for us (talking to the agents, doing the due diligence etc).
Kishore
Google
Almost close to giving up that special dream of first home, we came across OwnHome and the rest is history and now, we are homeowners. They've been absolute legends through and through to help us with the process, negotiation and purchase.
Vin
Trustpilot
Given this is our first home, we felt really secure in the knowledge that the team at OwnHome know what they are doing and know what to look out for. My only regret is that I waited so long to apply. Thanks to the team for making our dream of homeownership come true, and for taking the stress out of the process!
Jarmin
Trustpilot
I normally don't leave comments on these platforms but, in this specific case, they deserve it. I got to admit that I was a bit sceptical when I first met OwnHome. It was one of those things that's it's too good to be true. [...] Now, I'm just waiting for the final approval for the settlement. 🎉🥳👍😁I highly recommend these guys!!!
Cristiano
Trustpilot
From the very first meeting with them a year ago to settling on our property a week ago, they were attentive to our needs, ready to provide insight and ideas, and generally made the entire process smooth, simple and easy.
Lachlan
Trustpilot
We had a really positive and supportive outcome with Ownhome! They’ve help give us a step into the property market that we felt we would never reach with the continuous growth in the property market. Claudia, Josh and Max, thank you!
Russ
Google
I would like to take this opportunity to say thanks to the OwnHome team especially to Jarrad who make things impossible to possible. We are so happy with their service and their recommendations to tailer with our needs. Once again thanks to OwnHome team - Jarrad, Max, Candice, Josh.
Venkata
Google
My experience with OwnHome has been beyond excellent. The entire team is passionate and committed to helping young Aussies be able to own a home. Ben, Josh and Jarrad were professional yet friendly and always available to answer every question of mine.
Ankush
Trustpilot
I don't think I could go through the process of buying a house ever again without the help of Bridget and Jarrad (the absolute dream team!). They did all the hard work and held our hand through every step of the process while we got to do the fun bit of choosing our home.
Jamie
Trustpilot
From the first enquiry through to settlement, the team were incredibly knowledgeable, responsive and friendly. I felt supported and empowered every step of the way. The model and service OwnHome provide is unique and what a lot of people need; enabling those who can absolutely service a mortgage, just without the 20% deposit. Thank you team!
Andy
Trustpilot
My experience with OwnHome has been beyond excellent. The entire team is passionate and committed to helping young Aussies be able to own a home. Ben, Josh and Jarrad were professional yet friendly and always available to answer every question of mine.
Ankush
Trustpilot
Wave goodbye to renting forever
A Deposit Boost loan is a simple, straightforward loan for your deposit, paired with a standard 80% LVR home loan.
Savings guarantee
With OwnHome, you're guaranteed cheaper upfront costs than traditional low deposit LMI loans - starting from as low as 2.2% upfront. And if you find a lower LMI offer, we'll beat it by $1,000.*
Borrow the whole home loan
Become a homeowner sooner, without saving for longer. OwnHome powers flexible home loans up to 100% LVR - so you can start with as little as 0% deposit (yes, really!). No lock-ins or minimum terms.
Expert homebuying help
Make a better investment—our complimentary buyer’s agent service helps you buy the right home at the right price. Normally priced at $13,200^ - free with a Deposit Boost loan.
* Applies to a comparable 85-100% LVR variable interest owner-occupier home loan of the same size with a comparable interest rate to the product being compared. Excludes options where LMI is being waived or paid by a lender. ^ Includes GST.
Greg & Annaliese
Beau & Lance
Isabella & Andrew
Sarah & Jarrod
Kelly & Ryan
Check your eligibility
3 min | No credit impact
Low deposit loans
Reach your homeownership goals sooner. With a 15-year loan term, split loan structure, no early repayment fees, and no exit fees, the Deposit Boost loan is designed for you to love us and leave us. Build equity in your home more quickly and refinance us out when you're ready.
Investment loan option available for first home buyers only.
Investment loan option available for first home buyers only.
Deposit Boost
Owner Occupied
81-100% LVR
For borrowers who can afford the mortgage repayments, but don’t have the Bank of Mum & Dad.
Low Deposit Premium (LDP) of up to 2.2% upfront
Discounted LDP available up to 95% LVR
No lock-ins - LDP is fully refundable until exchange
No early repayment fees
No exit fees
15 year loan term
Complimentary Buyer’s Agent
Get started
Deposit Boost
Investor
81-98% LVR
For first home buyers only.
Low Deposit Premium (LDP) of up to 2.2% upfront
No lock-ins - LDP is fully refundable until exchange
No early repayment fees
No exit fees
15 year loan term
Complimentary Buyer’s Agent
Get started
As seen in
Buyer’s agent service
Your secret weapon to save time, money and stress. Here’s some highlights of our recent performance.
10.39% average annual growth - double the nationwide average
$89,393 average annual capital gains per property
32 days average time to purchase - 6x faster than the average first home buyer
$13,200 full price
$0
with a Deposit Boost Loan
* All numbers are averages across our portfolio. Past performance is not necessarily indicative of future performance. $13,200 is the cost of the standalone service and includes GST.
Check your eligibility
FAQs
What criteria does OwnHome use to assess eligibility?
Just like a bank or any other home loan provider, OwnHome looks at:
- The area you are buying in
- Your total savings and if they are sufficient to cover your upfront costs
- Your income and employment status
- Other standard personal and financial details
How much does a Deposit Boost Loan cost?
Your repayments depend on a couple of things, including the price of your home, the size of your deposit, and the length that you’re with OwnHome, but the concepts are the same.
Some aspects of the loan include:
- To unlock your 20% deposit and a dedicated Buyer's Agent, it’s a straightforward 2.2% payment on the value of your home.
- While no deposit contribution is required, customers who contribute 5% or more will receive discounts on their repayments, and have the ability to capitalise the Low Deposit Premium.
- Once you’ve got your home loan, you’ll make the repayments as normal to that lender. Your loan is your choice, so whether you want an offset, a fixed, variable or split rate, it’s up to you.
- You’ll also make principal and interest payments on your OwnHome deposit as part of your loan term.
To get a more personalised and comprehensive overview of the costs, check your eligibility. If you're eligible, a team member will be in touch to go over all of the payment information.
How much deposit do I need to buy with OwnHome?
We offer low deposit home loans for anywhere between a 0% and 20% deposit.
So whether you're looking for a no deposit home loan, 2% deposit home loan, 5% deposit home loan, 10% deposit home loan, or any increment up to a 20% deposit - we can help.
Plus, if you have at least a 5% deposit, you'll receive discounts on your interest rate and Low Deposit Premium.
Is the Buyer's Agent service included?
It is! As part of your upfront payment, you get the full support of our licensed and experienced Buyer’s Agent team.
This includes:
- Property hunting and shortlisting homes
- Building and pest inspection reports and strata reports
- Our support and expert guidance every step of the way
- Detailed valuations
- Private treaty negotiations
- Auction strategy and auction bidding
- Full reign of a custom OwnHome tool to make the home-finding journey a breeze.
Here's what can't be included:
- Stamp duty and other government fees and taxes
- Conveyancing
- Third-party costs (things like title insurance)
Who’s behind OwnHome?
We’re an Aussie company founded in Sydney, that works across Australia. We’re funded by the might of CBA’s X15 Ventures, NAB Ventures, Square Peg and many others.
We’re led by a trusted leadership team with a track record of delivering successful and innovative customer solutions.
We partner with the most trusted banks, non-bank lenders and mortgage specialists in Australia. But don’t just take our word for it. Our customers have given us the highest rating of 4.9 stars on Google Reviews.
Is OwnHome a licensed lender?
Yes, OwnHome has its own ACL (Australian Credit License). Our Australian Credit License number is 555197.
Do I need to pay lender's mortgage insurance (LMI)?
No! You don’t need to pay Lender's mortgage insurance (LMI) with OwnHome. We’re officially LMI-free!
What's LMI? As a quick answer, lender's mortgage insurance (LMI) is an insurance that protects the lender in case you default on your mortgage. It's paid by the borrower and is usually required when the size of your deposit is less than 20% of the purchase price. Depending on the value of your home, LMI can add tens of thousands in upfront costs to your home purchase.
Our Deposit Boost is an alternative to this type of low deposit loan - so no LMI. Plus, with our Savings Guarantee, if you find a cheaper LMI offer, we'll beat it by $1,000.*
* Applies to a comparable 85-100% LVR variable interest owner-occupier home loan of the same size with a comparable interest rate to the product being compared. Excludes options where LMI is being waived or paid by a lender.