Low Deposit Buying Options

Don’t Have a 20% Deposit? Here’s How You Can Still Buy Property

Struggling to save a full deposit while prices keep rising? You're not alone, and you're not out of options.

At Frontier Finance Co., we help everyday Australians break into the property market sooner with low deposit solutions, LMI strategies, and deposit loan options that work for real people.

The Problem: High Deposits and Soaring Property Prices

With property prices continuing to rise across Australia, saving a 20% deposit is harder than ever. For a $700,000 home, that’s $140,000—before you even think about stamp duty, legal costs, or moving expenses.

So how do you buy when you haven’t reached that magic number?

The Solution: Flexible Deposit Pathways That Get You Into the Market Sooner

At Frontier Finance Co., we work with a range of lenders and finance options to help buyers like you take advantage of tailored strategies—without needing to wait years for the "perfect" deposit.

Here are three of the most common options we guide our clients through:

1. Buy with Less Than 20% Using Lenders Mortgage Insurance (LMI)

What is it?
LMI allows you to secure a home loan with as little as 5% deposit, by paying an insurance premium that protects the lender.

Why it works:

Get into the market sooner with less savings
Often added to your loan, meaning no upfront cost
Avoid being priced out while you continue saving

Smart tip: For many clients, the long-term capital growth of getting into the market now outweighs the cost of LMI.

2. Low Deposit Home Loans

Some lenders offer specific loan products for buyers with deposits between 5% and 10%. These are ideal for first-home buyers or essential workers who have good income and stable employment but limited savings.

Benefits include:

Lower upfront savings required
May include waived LMI or cashback offers
Can work alongside government schemes like the First Home Guarantee

Every lender is different, so having a broker to match you to the right product is key.

3. Deposit Loans: Bridging the Gap with Strategic Lending

A deposit loan helps you cover the shortfall in your savings so you can reach the full 20% deposit required to avoid LMI or unlock better loan terms.

How it works:

Use a secondary loan to top up your deposit
Combine it with a standard 80% home loan
Repay over time—often over 10–15 years—with flexible terms

Why consider it?

Buy now, not later—even with a partial deposit
Avoid or reduce LMI
Potential to access better loan interest rates with a full deposit

Every situation is different, and these solutions need to be structured carefully to suit your income, goals, and future plans.

Not Sure Which Option is Right for You?

That’s where we come in.

At Frontier Finance Co., we specialise in helping homebuyers navigate complex lending criteria and find the smartest path to property ownership — even without a 20% deposit.

Whether you're:

✔️ A first-home buyer trying to beat the market
✔️ A young family upgrading to more space
✔️ Someone who earns well but hasn't had time to save a large deposit

We can help you explore your options with straightforward advice and custom solutions.

Ready to Explore Your Options?

Don’t let the 20% deposit myth hold you back from owning a home.
With the right support, you're probably closer than you think.

👉 Book a free strategy call
👉 Or simply call to get in touch.

Why Choose Frontier Finance Co.?

✅ 100% Independent Advice
✅ Access to a Wide Range of Lenders
✅ Specialised in Low Deposit & First-Home Strategies
✅ Transparent, Friendly, Local Support

Secure your future. Beat the market. Let us help you get there.

Contact Frontier Finance Co. today to discuss how you can get into the property market sooner. Let us guide you through the process and help you take the next step toward home ownership with confidence.

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