Available when buying a home in South Australia, for residential use only. Eligibility criteria apply.
||Buy an established home in a metropolitan area across South Australia. Not available for construction.
||Get started with as little as a 3% deposit to buy an established property.*
|Save on Lenders Mortgage Insurance (LMI)
||Most lenders charge Lenders Mortgage Insurance. We have a Loan Provision Charge instead which costs a lot less for most customers.
|Manageable home loan repayments
||Our Repayment Safeguard helps take the stress out of interest rate changes by making your repayments more predictable.
|Interest rate options
||Choose a variable, fixed or split interest rate. Fixed rates are available for terms of 1-3 years.
|No monthly account keeping fees
||HomeStart's home loans have no account keeping fees.
|Voluntary loan repayments
||Fee free voluntary repayments (capped at $10,000 p.a. for fixed rates).
||Available after 12 months if you have made voluntary loan repayments.
||Take a break from your home loan repayments.
|Use your equity
||As your equity grows, you may have the option to use it to renovate or make home improvements.
Low Deposit Loan fact sheet
Have a Certificate III or higher qualification? You may be eligible for HomeStart's Graduate Loan.
*May not be available for all regions.
You can also learn more by visiting our educational website MyStart for useful tips on saving, budgeting and buying a home.
Terms, conditions, and eligibility criteria, fees and charges apply.