Many lenders require a significant upfront deposit, which can often pose a problem if you haven’t been saving for long or are caught in the rental trap. We have access to a number of lenders who allow borrowed funds to form part or all of the required deposit. To be eligible you must have been renting through a licensed real estate agent under a signed lease agreement for at least six months. No Savings Home Loans are tailor-made for first homebuyers, as they essentially allow you to borrow without a deposit.