Can you get a home loan without a deposit?

[aussienic]

My SIl bought a house in 07 with a 100% loan. I personally don't like them. I think if you can save as much of a deposit as you can and even if you go with the 100% loan you will at least have some money to put down straight away kwim

[Jaycee]

Also, in SA I don't think there's no stamp duty to pay on a first home, atleast that was the case a few years ago and stamp duty can be quite expensive too. Good luck!

[danniellabella]

Snacks...it would be lovely if we could do a family equity thing...but due to family issues we've well and truely overused the mum & dad banks I think.

We'll think about it some more. We still have 9 months left on our lease so have plenty of time.

[somewoman]

There are also ways of being able to utilize you superannuation as a home deposit. Or at least there were a few years back. It's very bad practice, although I wouldn't put it as much worse than a 100% loan. Personally, I wouldn't do either, but I can appreciate why some people would...

You guys are young, so you should have heaps of time to work on building up super if this way works for you.

Worth chatting to an accountant about it.

Good luck!!