Low Deposit Home Loans

Low Rates. Low Upfront Fees. No LMI.

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Why Sucasa?

Low Deposit

Borrow up to 95% LVR. Spend less time renting and get into your dream home!

See how much you can borrow  →

Low Rates

Super competitive rates. Our customers choose us over the banks because we save them thousands of dollars

See our rates and fees  →

Lower Upfront Costs

A suite of products which lower upfront costs. Make the most of your savings and get into your home sooner

Calculate my repayments  →

No income caps or price limits

We’re not a government scheme. We’re a business backing hard-working Australians for the decades to come!

Learn about our loan features  →

No equity sharing or guarantors

Build your wealth by keeping all your capital gains. No family guarantees required. Give yourself the best chance to avoid using the Bank of Mum and Dad

See our rates and fees  →

A dedicated Sucasa Concierge

You'll have a specific person, your Home Buying Concierge, to guide you through the whole home-buying journey – all the way from Application to Settlement

Learn about our loan features  →

Low Rates - Up to 95% LVR

A head turning rate that helps you get into your dream home sooner.

Ultra Low Rate - Variable

P&I - LIVE-IN - STARTING FROM:
6.30% p.a.
Interest Rate*
6.58% p.a.
Comparison rate**
Low Deposit      borrow up to 95% LVR    
Low Upfront Costs    get into your home sooner
No income or price limits    we’re not a government scheme
No equity sharing    keep all your capital gains
No need to burden Mum & Dad    no guarantors required
Unlimited pre-payments    pay down your loan faster
Free online redraw    on any additional repayments for primary loan
See How Much You Can Borrow
Get Started
*For purchases up to $2.5m with a Sucasa Primary and Ultra Low-Rate Accelerator Variable Home Loan. Higher rates may apply for property prices above $2.5m. Upfront costs apply in addition to the interest rate.
Our products are designed for borrowers looking for a 80-95% LVR home loan.
More about our loans
If you find a lower LMI offer, we’ll beat it and give you $1,000 Cash!*
*Applies to a comparable 85-95% LVR variable owner occupier home loan of the same size with a comparable interest rate to the product being compared.
Start Your Application

Here’s how Sucasa is already helping others

The savings and flexibility we had with Sucasa allowed us to buy our home and add a pool at the same time. Years earlier than we thought possible!
By avoiding LMI, Sucasa reduced our deposit by $21k. We kept that extra $21k in our bank account and used it to build a pool, something we thought would be years away.
Darryn and Belinda - June 2023
Watch Their Story

What our customers say about us ...

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Sucasa Stories

“Sucasa helped us buy a home years earlier than we expected”

Joe and Ashley

“Our Home Buying Advisor made the whole homebuying process simple and easy to understand”

Pete and Nicole

“Our Home Buying Advisor made the whole homebuying process simple and easy to understand”

Mark and Sophie

Apply for approval online and reach out if you need help at any time

Am I eligible?
Get Started
01
Understand your borrowing capacity
Use our calculators to understand how much you can borrow with Sucasa.
02
Apply online
It takes 20 mins to apply. You can complete our easy to use digital application and contact our friendly team if you have questions at any time!
03
Get approved
When you are fully approved, your loan docs will be auto-generated and emailed to you. Sign, return and you’re good to go!

Apply for approval online and reach out if you need help at any time

Get Started
Am I eligibile?
01
Understand your borrowing capacity
Use our calculators to understand how much you can borrow with Sucasa.
02
Apply online
It takes 20 mins to apply. You can complete our easy to use digital application and contact our friendly team if you have questions at any time!
03
Get approved
When you are fully approved, your loan docs will be auto-generated and emailed to you. Sign, return and you’re good to go!

Run the Numbers

Borrowing Capacity

Run the numbers before you get started, to get an upfront estimate of your borrowing power

Borrowing Capacity

Repayment Calculator

Does your home loan fit within your budget? Find out what your repayments will be.

Repayment Calculator

Meet Our Team - Based in Sydney

There’s a whole bunch of clever people at Sucasa HQ in Sydney, working to make home loans faster, smarter and simpler. If you need help with your application, our home loan concierge team is ready to chat!

Book a Call
About Us
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Proudly backed by world-class investors

Sucasa is proud to be backed leading global fintech and proptech investors and to be partnering with some of Australia’s leading funders.

Got questions? We have answers

How are your rates so low? What’s the catch?

The short answer: We’ve focused on helping borrowers who don’t have a“full” 20% deposit. Banks don’t do this. By building a suite of products designed specifically for our borrowers, we’ve been able to make our loans cheaper and more accessible.
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There’s no catch.  
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We’re a mission driven business and our mission is to improve access to homeownership for young Australian families. We’ve done this by creating products we’d use and encourage our friends and family to use. Our loans are simple and we don’t take any equity in your home or have any equity-based incentives.


We’ve worked *very* hard to provide the lowest-cost loans possible and will work even harder to make things even more affordable for you – Australia’s next generation – as we build.

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Are you a mortgage broker or a bank?

Neither!
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Instead, we are a non-bank lender. We are an Australian Credit License (ACL) holder with authorisations to provide credit and credit assistance to consumers.

Can I get a pre-approval online?

Yes, we provide pre-approvals. To do this, we assess everything we can without knowing the final property you’ll be purchasing.  
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As is the market standard, pre-approvals are typically subject to satisfactory valuation of the property you purchase.
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If you’ve already purchased the property or exchanged contracts we can also go straight to an unconditional approval.
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Prior to starting your application, we suggest you use online calculator to understand your borrowing capacity and loan estimate.
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Once you are ready to apply, click on Get Started and follow the steps to complete and submit your application.

How do I make sure I am getting the best deal on my home loan?

We have a suite of loan products that will benefit you, regardless of whether you are deposit or serviceability constrained.

Regardless of your choice – all our loans have lower upfront fees than any other loan that requires LMI at the same LVR. See our Promise for more details.

Do you offer refinancing?

Yes. We offer refinancing including debt consolidation and cash out.  Please click here to get in touch if you arelooking to refinance.

See how much you can borrow and save with Sucasa

Calculators

The Best Way To Buy a Home

Here's how a family earning $250k a year, with $90k in savings would benefit if they purchased their $1.2m Sydney home with Sucasa. The below assume's property prices grow at their rough historical average of 7% p.a. However, even if prices don't grow at all, you'll be much better off with Sucasa. Head over to our calculator to learn more.

Sucasa No Deposit Home Loan

Get into your dream house sooner

No LMI

Your Home From Day 1

Build Your Wealth Faster

Purchasing with LMI

+ 1 Year 7 Months Longer

+$53K additional cost

Missed $136K in Capital Gains

$195K Worse off

Saving Full Deposit

+ 5 Years 9 Months Longer

-

Missed $570K in Capital Gains

$675K Worse Off

How Much Can I Borrow?

Already have a loan with us?

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Sucasa Loans Pty Ltd ACN 106 968 370 Australian Credit Licence 443249. Australian Financial Complaints Association (AFCA) 93243. Copyright Sucasa Finance Pty Ltd.
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**Comparison rates: All comparison rate examples shown are for a loan amount of $150k and a term of 25 years at a 95% LVR. WARNING: Sucasa’s rates currently vary based on the value of a property. Comparison rates apply only to the example or examples given and may not include all fees and charges. Different loan amounts and terms will result in different comparison rates. The actual rate offered may be higher or lower than the comparison example above
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This information is general in nature and has been prepared without taking your objectives, needs and overall financial situation into account. You must consider whether a Sucasa Loan is appropriate for your circumstances and needs. If necessary, seek your own professional advice. Credit criteria, fees, charges, terms and conditions apply. Information correct as at 18th December 2022.