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Keystart home loans

Keystart can help WA borrowers buy homes with low deposits. Keystart has home loan rates starting from .

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Keystart is a lender that offers a range of home loans for borrowers in Western Australia. Check out the full table of Keystart products below or read more about the lender.

Compare Keystart home loans for December 2023

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Keystart key facts

  • Keystart is a lender offering affordable home loan financing in Western Australia for first home buyers with low deposits. Keystart is a private company with one shareholder, the Western Australia government's Housing Authority.
  • Keystart offers several home loans, including a loan for first home buyers, a loan for Indigenous borrowers and a shared ownership home loan.
  • Unlike most lenders, Keystart offers home loans with deposits as low as just 2%. Because they're focused on housing affordability, there are income limits for applicants. If you earn more than a set amount you won't qualify for a Keystart loan.

Keystart home loan types

Here's more information about Keystart's mortgage products:

  • Low Deposit Home Loan. This is a loan available with just a 2% deposit that also lets you avoid lenders mortgage insurance costs.
  • Shared Ownership Home Loan. Also available with a 2% deposit, this loan uses a shared equity model in which Western Australia's Housing Authority funds part of your purchase, meaning you borrow less. The home will still be yours, and you can buy the remainder of the property later. If you sell the home, you may have to sell it to the Housing Authority in order to repay its share of the property.
  • Aboriginal Home Loan. This is a loan designed to assist Aboriginal residents in buying their own homes. There are low deposit and shared ownership options available, as with the products listed above.
  • Access Home Loan. This is a home loan for borrowers with permanent disabilities or carers of people with permanent disabilities.
  • Rural Home Loan. This is a flexible finance option designed for farmers and rural business owners.

How do I apply for a mortgage from Keystart?

When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.


The following information is general in nature and applies to most home loans. There may be specific criteria that apply for this lender.

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with Keystart you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

πŸ“„ Property details. You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale.

πŸ“„ Identification documents. You will need identification such as a driver's licence, passport or birth certificate.

πŸ“„ Proof of income documents. Recent payslips can establish your income.

πŸ“„ Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

How to apply for a home loan

More lenders to compare

Check out Finder's main home loans guide if you want to compare more home loans from a range of lenders. Or you could try one of the following lenders:

  • ING. This online bank is part of the global, Dutch financial group of the same name.
  • Commonwealth Bank. The nation's largest bank has a large selection of home loans and a convenient banking app.
  • UBank. This online bank is actually owned by NAB.
  • Athena. This digital fintech lender offers low-rate mortgages and an entirely online, convenient service.
  • Tic:Toc. This lender's online application tool can process your mortgage application fast. Backed by the Bendigo and Adelaide Bank.
  • Bank of Queensland. Outside of the Big Four this is one of Australia's larger banks. BOQ owns Virgin Money.
  • HSBC. The local Australian banking arm of this international bank offers various home loans.

More guides on Finder

Find the right home loan now

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25 Responses

    Default Gravatar
    BreeAugust 30, 2017

    Would I be able to build a house and buy land privately whilst using my keystart homelone. Or do I have to build and buy through the building company supplied by keystart?

      RenchAugust 30, 2017Finder

      Hi Bree,

      Thanks for your inquiry. Please note that we are not affiliated with Keystart or any company we feature on our site and so we can only offer you general advice.

      Keystart is a home loan lending company offering affordable financing in Western Australia for first and subsequent home buyers with low deposits. The company was founded by the Department of Housing in Western Australia to provide affordable housing to its residents. Keystart home loans are targeted toward owner occupiers and are open to different groups of people, including those with disabilities, public housing tenants, Indigenous borrowers and ordinary borrowers who meet the eligibility criteria.

      I suggest inquiring with Keystart directly if there’s an option to buy a house/land privately using their loan.

      Best regards,

    Default Gravatar
    WillowJuly 25, 2017

    Need a phone number to call please. Perth.

    Default Gravatar
    brettMay 9, 2015

    Is Keystart dropping their interest rate?

      MarcMay 11, 2015Finder

      Hi Brett,

      Thanks for the question.

      Keystart will announce their response to the RBA decision soon. You can check our current RBA cash rate forecast to see how lenders respond to the rate cut.


    Default Gravatar
    jacquieFebruary 24, 2015

    can seniors qualify
    how long do I wait

      ShirleyFebruary 24, 2015Finder

      Hi Jacquie,

      Thanks for your question.

      There are a number of loans available for pensioners. You can take the eligibility quiz Keystart Home Loanson its website to find out.


    Default Gravatar
    GarrethJanuary 3, 2015

    I’ve been in WA for over 2 years now living and working. Will Keystart require a credit check from NZ as well?

      MarcJanuary 5, 2015Finder

      Hi Garreth,
      thanks for the question.

      Keystart will conduct separate credit checks on both your Australian and New Zealand credit history. Depending on the nature of the credit listings, you may still be eligible for a home loan.

      I hope this helps,

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