Power Up Elite
No Deposit? No Problem.

Own your first home with up to 105% financing1. No deposit2 needed, no LMI, and no more waiting. Perfect for first-home buyers and growing families in metro areas.

Use Servicing CalculatorGet Pre-Approved Now
Up to 105%1
Loan-to-Value Ratio
Zero Deposit
Required
Offset Account Included
Pre-Approval in Just 7 Days3

Why Power Up Elite is a Game-Changer

No Deposit Required

Enter the market sooner without draining your savings.

105% Financing Structure1

80% first mortgage + 25% second mortgage total flexibility.

Low Monthly Repayments

30-year first mortgage term + 10-year second mortgage = manageable costs.

Offset Account & Extra Repayments

Save on interest and pay off your home faster.

A Straight Forward Path to Home Ownership

Use Our Servicing Calculator

Find out how much you can borrow in minutes

Apply Online

Complete your application in just 15 minutes

Get Pre-Approved

Receive conditional approval in as little as 7 days3

Choose Your Property

Select from approved property options in metro postcodes

Move In

 We’ll handle the rest. Your new home awaits

Start Your Application

 Power Up Elite at a Glance

Max LVR
Up to 105%1
Credit Score
Minimum 650 (750 preferred)
Loan Term
30 yrs (1st), 10 yrs (2nd)
Employment
Minimum 2 years (full-doc)
Rate
6.95% Variable4
Offset Account
Included
Loan Amount
Up to $2,000,000
Extra Repayments
Unlimited
Property Type
Metro Postcodes Only

Transparent Fees, No Surprises

Application Fee
$2,200
Annual Fee
$395
Discharge Fee
$795
Construction Risk Fee
5% (funded via 2nd mortgage)
Construction Admin Fee
$750
Progress Inspection Fee
At cost
Solicitor/Valuation Fees
At cost
Account/Facility Variation
$450
Transaction Fees
FREE unlimited internet, phone, BPAY, EFTPOS

Check If You Qualify

Credit Score of 650+ (750 preferred)
Full-doc application (not low-doc)
No defaults in the last 24 months
Metro postcode property only
Stable employment for 2+ years
Second mortgage must be serviceable
Apply Now

 See How Others Powered Up

Sam & Ed
NSW

"We never thought we’d get beyond a tiny Sydney apartment, but Empower Money provided an opportunity to purchase an investment property. With their support, we secured land in Huntlee, streamlined the whole process, and are now building our first investment home. It’s exciting to see our property journey taking shape so quickly."

Rabish & Kiran
NSW

"We thought owning a home in Sydney was out of reach, but Empower Money made it possible with their 105% loan. They guided us through the process step by step and helped us secure our land and build a family home much sooner than we ever imagined. Without them, we’d still be renting and saving while prices kept going up."

Your Questions, Answered

What does 105% LVR mean?
 It covers your full property price plus risk fee.
Why metro properties only?
Metro areas help ensure fast approvals and stable valuations.
Can I still apply if I have some savings?
Yes! Having savings can improve your position by reducing the amount you need to borrow.
Do I need to live in the property?
Yes, this is for owner-occupiers, not investors.
Can I pay off the second mortgage early?
Absolutely - there are no penalties for early repayment.
1 Terms and conditions apply. Subject to eligibility criteria and loan approval. For further information please read our TMD
2 Stamp duty, application fees, legal fees and settlement adjustments to be funded by the applicants
3 Pre-approval subject to eligibility. 7-day timeframe based on full documentation and lender conditions
4 Interest rate subject to change. Please confirm with your broker rate at time of application

 Ready to Power Up Your Property Dreams?

Get started today with no deposit, no LMI, and flexible loan features that help you own sooner.

Apply for Power Up Elite Now

Empowering first-home buyers with innovative financing solutions that make homeownership accessible.

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Pre-approval subject to eligibility. 7-day timeframe based on full documentation and lender conditions.

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