Say Goodbye to Renting: Learn How Chaice Paterson, Founder of Low Deposit Homes is Making it Possible for Australians to Buy Their First Home


The dream of homeownership is a long-held aspiration for many Australians, but for first-time buyers, the reality can be daunting. Saving for a large deposit, navigating the often-complex mortgage application process, and dealing with the high cost of housing can make achieving this dream seem impossible.

However, a Gold Coast-based company, Low Deposit Homes, is working to change that.

Founded by industry expert, Chaice Paterson, Low Deposit Homes specializes in assisting first-time homebuyers in securing financing with a much lower deposit than required by traditional lenders. For example, on a home with a $650,000 purchase price, their clients are able to purchase a home with a deposit that is $50,000 less than what would be required through a traditional lender.
The cost of homes has risen significantly over recent decades, and as a result, the deposit required for a home loan is larger than ever before. Many first-time buyers find themselves in a difficult position, as they are unable to save the full deposit amount required by traditional lenders.

Chaice Paterson, founder of Low Deposit Homes, understands the challenges that first-time buyers face, stating, “we know our clients can pay things off, they just haven’t had the extra income to save the full deposit amount at the same time. The other issue is that prices continue to rise over time, so when people are saving, the market is outgrowing their savings. Effectively this means the goalposts are constantly changing.”

Low Deposit Homes offers a solution to this problem by providing access to exclusive products that enable clients to avoid Lenders Mortgage Insurance (LMI). This means that clients can buy a house with as little as 5% deposit of the home value, saving thousands of dollars and allowing them to purchase a home much sooner than they thought possible.

In addition to providing access to exclusive products, Low Deposit Homes also helps clients access government grants, such as the First Home Owners Grant, and assists them in applying for stamp duty concessions. These can provide significant savings and reduce the financial burden of buying a home. Chaice Paterson and his team provide a personalized service to clients, which makes the process of buying a home less stressful. They understand that buying a home can be a daunting task, but with their knowledge and expertise, they can help turn that dream into a reality.

Homeownership is more than just having a roof over your head. It’s a place where you can create lasting memories with your family, establish roots in your community, and build a sense of belonging. With the help of companies like Low Deposit Homes, which specializes in assisting first-time homebuyers, the dream of homeownership can become a reality for many, sooner than they thought possible.

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