Skip integrates with Quickli to unlock 2% deposit options at scale

High-growth non-bank lender Skip (formerly Sucasa) has announced a partnership with mortgage tech powerhouse Quickli, integrating its niche low-deposit products into the platform to help millions circumvent a deposit-obsessed system so they can “skip to the owning bit.”

Starting this month, Skip’s 2% deposit, no LMI (Lenders Mortgage Insurance) home loans will be surfaced directly within Quickli. The move allows Quickli’s 13,000 subscribers to instantly identify serviceability for clients who fall into the "deposit gap" - specifically those who have the income to support a mortgage but lack the traditional 20% equity.

“Brokers need access to a diverse range of lending options to deliver the best outcomes for their clients,” said Quickli co-founder and co-CEO, Angus Keatinge. “Skip has built a strong reputation for low-deposit home loans and having them join our panel gives our users another competitive option when running scenarios. We’re always proud to partner with forward-thinking lenders who are committed to making brokers’ lives easier.”

The partnership comes as Skip reveals that 70% of its current loan book consists of "second-chance" owners: Australians who previously owned property but are now trapped in the rental cycle and ineligible for Federal First Home Buyer schemes.

“Most policy attention is directed at first-home buyers, but we shouldn’t be doing that at the expense of millions of others,” added Skip co-founder Mario Emmanuel. “Our partnership with Quickli ensures that when a broker encounters 'forgotten Australians' as clients, they have a fit-for-purpose financing option at their fingertips.”

Skip has reported triple-digit growth year-on-year across their customer pool via their direct and broker channels. The founding trio believe both conduits can help more Australians unlock relevant financing options, including access to 2% deposit home loans with low rates and fees. 

“By integrating with Quickli, we are putting a solution directly into the broker’s workflow. When a broker sees a client paying $800 a week in rent but struggling to save $150k for a deposit, they now have a clear, integrated path to get that deal done by surfacing more fulsome recommendations," said Skip co-founder Adam Trouncer.