100% No Deposit Home Loans enable you borrow up to 100% of the purchase price whether you're buying an established home or building your own home.

Most people find it hard to save a deposit for their first home and while they are saving, the property prices keep soaring. This makes it increasingly difficult to save fast enough to buy their first property while still on the rent cycle.

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Be smart, get a pre-approval first and get your finance sorted so that you can put all your energy into finding your first home. When you find the home you want having pre-approval will minimise the risk of your contract falling through because your finance wasn't approved within the fourteen day contract deadline.

Pre approval gives you negotiating power and an advantage over other buyers.

Pre approval gives you a maximum amount that you can borrow helping you in you choosing the right property.

Pre approval avoids any delays in settling your contract. All we need is the property valuation to complete the settlement.

To find out how you can obtain pre approval, complete the enquiry form and have one of our specialist consultants contact you today!

With the price of property increasing markedly in recent years, many people have found it difficult to buy their first home. This, together with the introduction of the Goods and Services Tax in 2000 prompted the federal government to introduce the First Home Owners Grant to assist those wishing to buy their first home.

PowerHouse Mortgages takes the difficulty out of applying for the First Home Owners Grant by assisting you in the application process to ensure that the funds are available upon settlement.

For more information on and to assess your eligibility for the First Home Owners Grant, visit the Australian Government's web site at http://www.firsthome.gov.au/.

A Deposit bond is a guarantee or bond that can be used in place of a cash deposit at the time of signing a purchase contract.

When buying your first home or an investment property and you don't have a deposit, PowerHouse Mortgages can arrange a deposit bond or guarantee for your purchase. This will enable you to purchase the property without using your own funds.

Deposit Bonds are available for up to 10% of the purchase price.

To use our fully featured 'How Much Can I Borrow' calculator, please fill in the details below and you will have immediate access.

To use our fully featured 'What Will My Repayments Be' calculator, please fill in the details below and you will have immediate access.