Deposit gap pathway

Through the Community Funding Program, eligible buyers may be able to cover the deposit and upfront costs — including legals and stamp duty — with a separate, repayable deposit loan, while a home loan from an accredited lender covers the rest. The pathway is open across every state and territory in Australia.

How it works

Deposit gap pathway · Available Australia-wide

Buy a home without a saved deposit.

For eligible Australians with little or no deposit saved. Through the Community Funding Program, the deposit and upfront costs may be covered by a separate, repayable deposit loan.

See if you qualify How it works

100% confidential · No obligation · Takes about 5 minutes

Deposit
No saved deposit needed to check. If you are eligible, the deposit and upfront costs may be covered by a separate, repayable deposit loan.
Your loan
A home loan from an accredited lender, arranged by Your Loan Assist under ACL 477483
Where
Every state and territory in Australia
First step
A 5-minute eligibility check, free and confidential
Easy as 1, 2, 3

A clear path from application to the keys in your hand.

  1. Check your eligibility

    Fill out a quick form to see if you qualify and take the first step toward owning your own home.

    Takes 5 minutes

  2. Map your pathway

    We will call to understand your situation and map out the clearest path forward — introducing you to Your Loan Assist, who assess your eligibility.

    One-on-one support

  3. Move in & own

    We guide you through the final steps. The Community Funding Program covers your deposit and upfront costs, and you move in.

    We have got your back
How it comes together

Four moving parts, and none of them is a bank loan you cannot get.

Springboard Homes is not a bank, a broker or a financial adviser and does not assess your eligibility. We collect your details and introduce you to Your Loan Assist, who assess eligibility and explain what may be available to you.

  • The deposit is covered. If you are eligible, the deposit and upfront costs — including legals and stamp duty — may be covered by a separate deposit loan, which is repayable.
  • The rest is an ordinary home loan. A home loan from an accredited lender covers the remainder, arranged through Your Loan Assist under ACL 477483.
  • You move in and make repayments on both the home loan and the separate deposit loan.
  • Your position is reviewed periodically. The review looks at whether you can refinance and pay out the deposit loan. Your Loan Assist sets out the terms, and what happens if refinancing is not possible, in writing before you commit.
Why choose Springboard

Built for people the deposit is the only thing stopping.

Deposit gap

No saved deposit needed to check

If you are eligible, the deposit and upfront costs may be covered by a separate, repayable deposit loan.

Licensed

Licensed lender

Your home loan is arranged by Your Loan Assist, Australian Credit Licence 477483, through an accredited lender.

Nationwide

Available Australia-wide

The pathway is open across every state and territory in Australia.

Fresh start

Built for a fresh start

Designed for first home buyers and anyone rebuilding after life has changed.

Do you qualify?

Savings are not on the list. These four things are.

A combined income of around $150k, steady employment, clean credit and Australian citizenship are a starting point. Eligibility depends on a number of factors and is assessed by Your Loan Assist — a saved deposit is not one of them.

What you do not need

A deposit saved. Money set aside for legals or stamp duty. Years of waiting while prices move.

What you do need

A combined income of around $150k, steady employment, clean credit and Australian citizenship — plus the other factors Your Loan Assist assesses.

From a first home to acreage — picture the place you could call yours, with little or no deposit saved.

Straight answers

The questions people ask before they apply.

Who exactly is Springboard in this?
Springboard Homes is not a bank, a broker or a financial adviser, and does not assess your eligibility. We collect your details and introduce you to Your Loan Assist, Australian Credit Licence 477483, who assess eligibility and explain what may be available.
What does the Community Funding Program actually cover?
Your deposit and upfront costs, including legals and stamp duty. A normal home loan from an accredited lender covers the rest.
What will the repayments be like?
Repayments cover both your home loan and the separate deposit loan. Your Loan Assist sets out the amounts in writing before you commit.
How does the deposit loan get repaid?
Your position is reviewed periodically to see whether you can refinance and pay out the deposit loan. Your Loan Assist sets out the terms, and what happens if refinancing is not possible, in writing before you commit.
Do I need savings?
You do not need a saved deposit. A combined income of around $150k, steady employment, clean credit and Australian citizenship are a starting point, and eligibility is assessed by Your Loan Assist.
What does it cost?
Checking your eligibility is free and there is no obligation. If you proceed, the costs include repayments on your home loan, repayments on the separate deposit loan, and fees payable under the Community Funding Program. Depending on your circumstances there may also be fees charged by a separately licensed financial adviser for advice on an investment component. Ask for every fee, charge and repayment to be set out to you in writing before you commit.
Where does this work?
Across every state and territory in Australia.

Ready to own your home?

Find out if the Springboard pathway is right for you — no obligation, free, and confidential.

Buying with little or no deposit means borrowing more, and usually taking on a second loan alongside your home loan. Property values can fall, and for a time you may owe more than your home is worth. Repayments on both loans must be met.

Check your eligibility Talk to us

100% confidential · No obligation · Takes about 5 minutes