How do banks work out how much I can borrow?
When it comes to how much you can borrow and what the lender is prepared to approve, there can be some gaps in understanding how...Read More
Most lenders will usually require you to have a minimum 5% deposit of the purchase price plus a little extra to cover other costs such as stamp duty, legal fees and lender’s fees. Now lenders have changed the required minimum deposit depending on other factors such as if it’s an investment purchase and where the property is located. With constant changes with bank requirements, it is important to speak to a broker to work out what you really need.
We remove all the guess work and help you get approved faster.
We’re experienced in finding the right home loan for you. Connect with one of our mortgage specialist for personalised help.
We appreciate your time enquiring with us. We’ll get in touch within the next 24 hours!