Keystart

Believing that you can’t afford a home loan could just be a myth. Why don’t you find out by giving Keystart a try?

Western Australians have the ability to apply with Keystart for a home loan and make homeownership a reality. Established in 1989 as an initiative from the State Government, realizing the huge need in the market for low-deposit home loans because a lot of Western Australians were struggling to meet the requirements for a deposit from most of the mainstream lenders.

Depending on your specific demands and preferences, you may choose from a variety of simple online loans. They'll take the time to thoroughly examine your financial condition and future objectives in order to provide the best home financing option for you.

The affordable pathway

Keystart home loans help eligible people with the way to buy a home, they offer the opportunity by offering home loans that have low entry costs, no lender’s mortgage insurance, and low deposit requirements.

Keystart provides specific assistance 

Housing requirements that are affected by living with a disability, single parents to keep possession of the family home, and Aboriginal applicants. They are providing home loans that result in full ownership home loans or shared ownership home loans.

Keystart is not a bank but a dedicated home loan lender that makes homeownership dreams come true and have made it a reality for more than 118,000 Western Australians.

To get the best home loan they will consider all the facts about your situation, asking the right questions to assess your level of income, your household size, and financial commitments that exist currently.

With Keystart, they offer home loan rates from 4.54% p.a. making them highly competitive in the market. You can borrow an amount starting from $10,000 (depending on your qualifying details) up to $470,000 over a home loan period of 7 years to 30 years.

The best is that you can enjoy the special loan features which include a low deposit loan from just a 2% deposit, benefit from no mortgage insurance and you could also take advantage by using your first homeowners grant, when building a new home, for the deposit.

The deposit does vary for different regions, with the low deposit home loan you can save up for the needed amount in no time, allowing you to build or buy your home much sooner.

When you are ready to make the move

Assisting Western Australians to buy a home of their own is Keystart’s main objective, by defeating the barrier of huge deposits and giving them an affordable option.

When you have worked hard to build up equity of at least 20% and achieve the ability to apply for home loan financing, they will encourage and assist you to refinance your home.

The benefits of refinancing your home loan are that you can negotiate for better and lower interest rates, more affordable repayments, and receive good financial products on offer from a different lender.