Make the South West your home much sooner, with the help of a low deposit Keystart home loan.
But what’s the catch?
The best thing about Keystart is that it really is all about helping you get started on your home ownership journey. In addition to the super low deposit, you’ll also pay no lender’s mortgage insurance (LMI) and no monthly account keeping fees. You also won’t be locked into your loan, with Keystart you’re able to refinance with another lender when you’re ready. There are however some eligibility requirements you’ll need to meet.
Do I Qualify?
There’s a few boxes you’ll need to tick to apply for a Keystart home loan. To be eligible you need to be...
- 18 years or older
- An Australian citizen or permanent resident
- Living in WA and wanting to buy or build here
- Looking for a home to live in
- Not own another home when your Keystart home loan settles
- Meet our maximum limits
$105K (Max Income)
$130K (Max Income)
$155K (Max Income)
Ready to get started?
The team at Ventura South West can help. Our in-house finance team can run you through your finance options and will be there every step of the way, from application to approval. So what are you waiting for? Your dream home in the South West is waiting for you.
Find the answers to some of the most common questions asked by first home buyers, or get in touch with our expert team to learn more!
What is Keystart about?
Keystart was established in 1989 to provide West Australian’s with an affordable pathway into homeownership, even when they might not qualify for a loan from a traditional lender. Their low deposit home loans have helped more than 100,000 West Australian’s get into a home of their own.
How long does Keystart pre-approval take?
It usually takes just 20-30 minutes to find out if you may qualify for a Keystart loan. You’ll just need to answer a few simple questions about your financial situation.
Is the interest rate higher on a Keystart loan?
Keystart bases their interest rate on the standard variable rate of the big four banks in Australia. Keystart focuses on saving you money on the upfront costs of buying a home, like your deposit and LMI and are designed to be a transitional lender – they encourage you to refinance later on. That said, currently their interest rate is below the standard variable rate of most traditional lenders.