OwnQuest is a mortgage brokerage that specialises in helping eligible buyers purchase with little or no deposit saved. Rather than waiting years to build a traditional 20% deposit, we work with lenders whose products are designed for income-strong buyers ready to move now.

The exact structure, lender and repayment terms depend on your circumstances and what's available at the time — we walk you through it clearly during your consultation.

Eligibility depends on your income, your borrowing capacity, your savings position, the property type and the lending criteria applying at the time.

As a general guide, OwnQuest works best for Australian citizens or permanent residents with a household income of $140,000 or more, who are planning to buy within the next 12 months and are comfortable borrowing up to 100% of the purchase price.

The quickest way to find out is to complete a qualification check.

While the deposit hurdle is reduced, there are still upfront costs to plan for. Depending on your situation and the property, these may include:

• Stamp duty and government charges
  Typically 3–5% of the property price, varying by state and eligibility for first-home buyer exemptions.
• Conveyancing and legal fees
  Roughly $2,000–$2,500 for the review and settlement of your property purchase.
• Lender fees
  Typically $300–$1,000, covering application, legal and valuation costs.
• Lenders Mortgage Insurance (LMI)
  When you borrow more than 80% of a property's value, lenders take out insurance to protect themselves. LMI is a one-off cost (often capitalised into the loan) and varies based on the lender, loan amount and deposit size.

We walk you through the full picture before you commit, so there are no surprises at settlement.

Yes. The pathways we help you access are full-ownership home loans — you own 100% of the property from settlement, subject to your mortgage.

There's no shared equity arrangement, no third party with a stake in your home, and no compromise on your future capital gains.

Shared equity schemes give a third party — often a government or fund — part-ownership of your home in exchange for helping with the deposit. They share in your future capital gains, and you don't own the property outright.

OwnQuest is different. We find traditional home loan pathways that let you own 100% of your home from day one, with no equity shared.

Property eligibility depends on the lender, the location, the price point and other criteria specific to your situation.

As mortgage brokers, we'll guide you on what's currently possible based on the lending framework and your borrowing capacity.