Low Deposit Home Loans

Low Rates. Low Upfront Fees.

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See How Much You Can Borrow

Check Eligibility

Why Sucasa?

Low Deposit

Borrow up to 98% LVR, depending on your cicumstances

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Low Rates

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

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Lower Upfront Costs

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

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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!

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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

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A dedicated Home Loan Specialist

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

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Low Rates - Up to 98% LVR

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

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Ultra Low Rate - Variable

P&I - LIVE-IN - STARTING FROM:

6.30% p.a.

Interest Rate*

6.63% p.a.

Comparison rate**

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Low Deposit borrow up to 98% LVR

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Lower Upfront Costs than LMI

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No income or price limits we’re not a government scheme

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No equity sharing keep all your capital gains

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No need to burden Mum & Dad no guarantors required

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Unlimited pre-payments pay down your loan faster

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Free online redraw on any additional repayments for primary loan

See How Much You Can Borrow

*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 85-98% 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 85-98% LVR variable owner occupier home loan of the same size with a comparable interest rate to the product being compared.

Here’s how Sucasa is already helping others

Watch Their Story

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"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 | Brisbane, QLD

Watch Their Story

Family of an Australian couple and their dog standing in front of their new home

“We would highly recommend Sucasa to anyone in search of a home loan provider....We are grateful for their assistance in making our homeownership dreams a reality.

From start to finish, the process was smooth and efficient and they were really good at communicating what was required in every step of the process.”

Ryan and Christinique | Sydney, NSW

Watch Their Story

Family sitting on the couch inside their new home

“My family are truly blessed and privileged to get associated with Sucasa as they made my first home loan process easier. Anyone looking for home loan without LMI, Sucasa is there for you!

Way to go Sucasa!”

Yaswanth and Lakshmi | Adelaide, SA

Watch Their Story

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“We would definitely recommend Sucasa to other home buyers - the end to end service has been fantastic.

We would like to give a shout out to Mario, He was fantastic and made the whole process really enjoyable. Thank you!”

Cherri-Lee and Stuart | Brisbane, QLD

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

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

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 team is ready to assist!

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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. By building a suite of products designed specifically for our borrowers, we’ve been able to make our loans cheaper and more accessible. Lending eligibility criteria applies.
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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 conditional pre-approvals online.
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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 our online calculator to understand your borrowing capacity and loan estimate.
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Once you are ready to apply, click on Apply Now 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. Loan eligibility criteria apply.

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

Do you offer refinancing?

Yes. We offer refinancing solutions including debt consolidation and cash-out to borrowers who meet our lending eligibility criteria.

Please click on Apply Now and submit an application for your refinancing.

See how much you can borrow and save with Sucasa

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?

Sucasa Loans Pty Ltd ACN 106 968 370 Australian Credit Licence 443249. Australian Financial Complaints Association (AFCA) 93243. Copyright Sucasa Finance Pty Ltd.‍

**Comparison rates: All comparison rate examples shown are for a loan amount of $150k and a term of 25 years at a 98% 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.

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 30th November 2023.