Springboard works for more people than you might expect — but there are clear gates. Here’s an honest guide to who we can help.
What you need
- Combined income of around $150,000. This is the key number — it’s what makes the repayments work.
- Stable employment with provable, regular income.
- A clean credit history.
- Australian citizenship.
- Full-doc only — payslips and tax returns. We don’t do low-doc.
- Savings? Not required. The community fund covers your deposit and costs.
Who it’s for
First home buyers who are ready to own but stuck behind the deposit wall — and people making a fresh start:
- After a separation or divorce
- Former business owners now back in steady employment
- People with a past credit event that’s now behind them
- Recent arrivals who have become Australian citizens
If you’ve got the income and a clean recent record, a past chapter doesn’t have to hold you back.
What you can buy
Completed new builds, established houses, apartments and townhouses — any property your lender will approve. Your borrowing capacity depends on the property you choose.
The honest part
This works best when the numbers genuinely stack up — steady income, clean credit, a property a lender will back. If that’s you, the deposit is the only thing standing in your way, and that’s exactly what we solve.
Check if you qualify → · or get in touch
This page provides general information only and does not consider your personal circumstances. Loan approval is determined by the lender. Springboard Homes is a facilitator — not a lender, broker or financial adviser. This is not financial or credit advice. Seek advice from a licensed professional.