Keystart
Who is Keystart?
A WA lender providing low deposit home loans for eligible homebuyers
Different home loans designed to help you get into a home faster
How is Keystart different?
How is Keystart different?
Keystart aims to make home ownership a little more accessible and affordable for Western Australians.
Their home loan options are designed to provide a lower cost entry, with a low deposit requirement and no lender's mortgage insurance, allowing you to achieve your dream of owning a home much sooner.
Benefits of Keystart
Benefits of Keystart
Low deposit home loan options
• Deposit as low as 2%
• No lenders mortgage insurance (LMI)
• Use your first home owner grant (FHOG) towards your deposit
• Reduced repayments during construction
• Refinance whenever you're ready
Am I eligible for Keystart?
Am I eligible for Keystart?
To find out if you are eligible for a Keystart home loan, the process is pretty straightforward. Working with our finance partner at Core Finance Co, they will assist in determining whether you're eligible and assist you with the loan application process.
Keystart requires you to:
• be at least 18 years old
• be an Australian citizen or permanent resident
• live in Western Australia
• meet the required income limits
• plan to live in the property
Keystart income limits
Keystart income limits
Keystart has recently increased their income limits
Making it easier than ever before to enter get into your own home. If you earn:
• $105,000 for singles
• $155,000 for couples/families
you could be eligible for a Keystart low deposit home loan.
Frequently Asked Questions
Can I use the First Home Owner Grant towards a Keystart home loan?
Yes, you may be able to use the First Home Owner Grant (FHOG) towards your deposit if you decide to build a new home using a Keystart home loan.
View Answer
How do I apply for a Keystart home loan?
To apply for a Keystart home loan, the first step is to speak with our finance partner Core Finance Co. They specialise in home loans for first home buyers and will help you determine if you're eligible for a Keystart home loan and assist you in the application process.
View Answer
How much can I borrow with a Keystart home loan?
How much you can borrow with a Keystart home loan depends on your personal circumstances, such as your income, expenses, and existing debts. However, the maximum loan limits for the Perth metro area are:
- $480,000 for an established property
- $550,000 for a newly built property
View Answer
How do Keystart loans work?
Unlike other lenders, Keystart offers low deposit home loans that lower upfront costs, making it easier for you to get into your own home earlier. To qualify, you'll need to meet specific criteria, including income limits. But don't worry - our partners at Core Finance Co are here to assist you every step of the way.
View Answer
What is the minimum deposit required for a Keystart home loan?
The good news is that if you meet the eligibility requirements, Keystart only requires a deposit as low as 2%. That's right - you won't have to come up with tens of thousands of dollars upfront. A low deposit means you'll be one step closer to realising your dream of home ownership in no time.
View Answer
What are the other benefits of a Keystart home loan?
If you meet the eligibility requirements, you can take advantage of some fantastic perks. For starters, you won't have to pay Lenders Mortgage Insurance, which translates to thousands of dollars in savings. There are no penalties if you choose to refinance with another lender, plus, you won't have to worry about monthly account keeping fees, giving you even more financial flexibility. Keystart also provide you with access to ongoing assistance whenever you need it.
View Answer
How do I know if a Keystart home loan is right for me?
It can be tough to make that decision on your own, which is why we recommend talking to our finance partners Core Finance Co who specialise in working out which home loans will work best for you. With their expertise and guidance, you can feel confident that you're making the right choice for your financial future.
View Answer
Can I use the First Home Owner Grant towards a Keystart home loan?
Yes, you may be able to use the First Home Owner Grant (FHOG) towards your deposit if you decide to build a new home using a Keystart home loan.
View Answer
How much can I borrow with a Keystart home loan?
How much you can borrow with a Keystart home loan depends on your personal circumstances, such as your income, expenses, and existing debts. However, the maximum loan limits for the Perth metro area are:
- $480,000 for an established property
- $550,000 for a newly built property
View Answer
What is the minimum deposit required for a Keystart home loan?
The good news is that if you meet the eligibility requirements, Keystart only requires a deposit as low as 2%. That's right - you won't have to come up with tens of thousands of dollars upfront. A low deposit means you'll be one step closer to realising your dream of home ownership in no time.
View Answer
How do I know if a Keystart home loan is right for me?
It can be tough to make that decision on your own, which is why we recommend talking to our finance partners Core Finance Co who specialise in working out which home loans will work best for you. With their expertise and guidance, you can feel confident that you're making the right choice for your financial future.
View Answer
How do I apply for a Keystart home loan?
To apply for a Keystart home loan, the first step is to speak with our finance partner Core Finance Co. They specialise in home loans for first home buyers and will help you determine if you're eligible for a Keystart home loan and assist you in the application process.
View Answer
How do Keystart loans work?
Unlike other lenders, Keystart offers low deposit home loans that lower upfront costs, making it easier for you to get into your own home earlier. To qualify, you'll need to meet specific criteria, including income limits. But don't worry - our partners at Core Finance Co are here to assist you every step of the way.
View Answer
What are the other benefits of a Keystart home loan?
If you meet the eligibility requirements, you can take advantage of some fantastic perks. For starters, you won't have to pay Lenders Mortgage Insurance, which translates to thousands of dollars in savings. There are no penalties if you choose to refinance with another lender, plus, you won't have to worry about monthly account keeping fees, giving you even more financial flexibility. Keystart also provide you with access to ongoing assistance whenever you need it.
View Answer
Can I use the First Home Owner Grant towards a Keystart home loan?
Yes, you may be able to use the First Home Owner Grant (FHOG) towards your deposit if you decide to build a new home using a Keystart home loan.
View Answer
How do Keystart loans work?
Unlike other lenders, Keystart offers low deposit home loans that lower upfront costs, making it easier for you to get into your own home earlier. To qualify, you'll need to meet specific criteria, including income limits. But don't worry - our partners at Core Finance Co are here to assist you every step of the way.
View Answer
How do I know if a Keystart home loan is right for me?
It can be tough to make that decision on your own, which is why we recommend talking to our finance partners Core Finance Co who specialise in working out which home loans will work best for you. With their expertise and guidance, you can feel confident that you're making the right choice for your financial future.
View Answer
How do I apply for a Keystart home loan?
To apply for a Keystart home loan, the first step is to speak with our finance partner Core Finance Co. They specialise in home loans for first home buyers and will help you determine if you're eligible for a Keystart home loan and assist you in the application process.
View Answer
What is the minimum deposit required for a Keystart home loan?
The good news is that if you meet the eligibility requirements, Keystart only requires a deposit as low as 2%. That's right - you won't have to come up with tens of thousands of dollars upfront. A low deposit means you'll be one step closer to realising your dream of home ownership in no time.
View Answer
How much can I borrow with a Keystart home loan?
How much you can borrow with a Keystart home loan depends on your personal circumstances, such as your income, expenses, and existing debts. However, the maximum loan limits for the Perth metro area are:
- $480,000 for an established property
- $550,000 for a newly built property
View Answer
What are the other benefits of a Keystart home loan?
If you meet the eligibility requirements, you can take advantage of some fantastic perks. For starters, you won't have to pay Lenders Mortgage Insurance, which translates to thousands of dollars in savings. There are no penalties if you choose to refinance with another lender, plus, you won't have to worry about monthly account keeping fees, giving you even more financial flexibility. Keystart also provide you with access to ongoing assistance whenever you need it.
View Answer