We have all heard the common misconception that if you have no savings then you will not be able to get into a new home or onto the property ladder altogether. It is actually the saving for a home deposit that is so difficult for first home buyers to make that first step towards purchasing a property. So while no savings is not widely considered a positive for a lot of home loan products, there are still options for those who may not have savings right now.
The No Savings network of brokers means our reach into a large number of home loan products is greater than simply heading to the bank. So rather than hearing an expected ‘no’, you will almost certainly be met with energy and enthusiasm from our team of experts to help you get into your own new home.
For those with no savings, it does not mean property ownership has to stay a dream. There may be a no savings home loan in the market at the moment or No Savings can help pool your savings together so you have the deposit that you did not think was there. The No Savings team has over 7 years experience helping people in tough financial situations make their home ownership dreams a reality with our expert industry knowledge.