Just 5% deposit
If you have a 5% deposit you can now buy your first home.
Access to the best loans
You can choose from Australia’s best range of home loans.
Top interest rates
You don’t pay higher interest rates or have to pay lenders mortgage insurance.
Our Leg Up was created to solve two huge problems in the property market
By helping more people with low home deposits (5%) buy a home sooner.
By helping existing homeowners get an investment return on the part of their home they own.
As Seen On
How much could you save?
Your Savings With OLU
- Our Leg Up saves aspiring homeowners by lowering their interest rate and decreasing the amount of fees they need to pay
- Wipe over 5 years off the time it takes to save and buy your home sooner
How It Works
Tell us how much you’d like to borrow and when you plan to buy.
We’ll research all the options and recommend the best ones for you.
Draft investment strategy
We’ll give you all the details you need about how much you can borrow so you can start looking at houses you want.
What aspiring homeowners are saying
Our Leg Up is helping me buy a home with a 5% deposit without paying for the bank's insurance
Frequently Asked Questions
You need to have saved at least 5% of the property price to qualify. We hope to provide a home loan with an even lower barrier to entry in the future.
We can help you assess whether you qualify for any government incentive schemes and better understand your home loan options. Some of these can be used with our home loans, while a few cannot. To find out based on your circumstance, schedule a chat with of our experts here.
No. This product is designed to help anyone looking to purchase a home.
Yes. We can arrange for a pre-approval so that you can confidently make an Offer on your new home.