How to Compare Home Loan Rates in Australia
How to Compare Home Loan Rates in Australia TL;DR — Key takeaways ●The advertised interest rate and the comparison rate are not the same thing. Always look at both. ●The…
Read moreIf you’re considering a low doc loan, you are required to have a maximum borrowing capacity of 80% of the property’s purchase price. If you wish to avoid Lenders Mortgage Insurance (LMI), you will generally only be able to borrow a maximum of 60%.
