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Urban Connect Shared Equity

Get into a home of your own sooner with a property price limit of up to $730,000 with Housing Authority co-owing a share of the property with you, acting as a silent partner to help.

Designed to help you get into a home of your own sooner with the help of Housing Authority.

Loan features: 

  • Available for apartments, townhouses, villas and units.
  • Properties can be build or survey strata, or a green title with a maximum land size of up to 200 square metres.
  • Low 2% deposit, meaning less time to save.
  • No Lender mortgage insurance, saving you thousands. 
  • No monthly account keeping fees.
  • If eligible, use your first home owner grant (FHOG) towards your deposit if you build.
  • Housing Authority will co-own a share of the property with you, so you can have a higher purchase price. Share your home loan, not your home.

Rates and fees

For purchasing homes in the

Maximum purchase price of a home:


% PA
% * PA
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Deposit required

Maximum loan term

  • Lender's mortgage insurance $0
  • Additional repayments allowed? Yes
  • Flexibility in repayment frequency Yes
  • Monthly account keeping fees $0
  • Loan increases? Click for more info
  • Statement frequency 6 Monthly

*Warning: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Calculate estimated repayments Click for more info

Purpose of the home loan Click for more info

Payment frequency

Based on borrowing: Click for more info

Loan term of: s

Income limits

Just me (maximum income)
Two of us (maximum income)
Family (maximum income)

The home loan process

By choosing a few basic details about yourself, we can recommend a loan most suitable for you to apply for. Home is behind the world ahead and there are many paths to tread through.

  1. Do you qualify?

    We have a few eligibility requirements - you can find out if you qualify (we call this pre-qualification) in five minutes. Click here to get started.

     

  2. Conditional approval

    Find out how much you can borrow - so you'll know how much you can afford before you put in an offer.

    Start online or you can call 1300 578 278 to chat with our team. 

  3. Formal loan approval

    So, you've made an offer on a property. Exciting times! To move to formal approval you'll need to meet any outstanding conditional approval conditions. Then we'll send you documents to sign.

  4. Settlement

    Keystart's settlement agent will liaise with your settlement agent to organise settlement.

    Once settlement has occurred you can move into your new home! 

  5. Manage your loan

    We aim to support you through your home loan journey. The application process is just the beginning. Now you will begin to manage your home loan.

Q&As about this loan