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.
Read Article
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
Read Article
Property investing can be extremely rewarding if you get it right, but it certainly doesn’t come without pitfalls. It’s very important to arm yourself with...
Read More
Read Article
If you are looking to renovate an investment property, you will want to consider getting a scrapping report to immediately deduct assets you plan on...
Read MoreWe’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!
Any calculations or estimated savings do not constitute an offer of credit or a credit quote and are only an estimate of what you may be able to achieve based on the accuracy of the information provided. It doesn’t take into account any product features or any applicable fees.
*2.89% Interest rate based on an Owners Occupied, Principal and Interest, 3 years fixed period, minimum loan size of $250,000, maximum LVR of 80%, over a 30 year term. Eligibility subject to servicing requirements, contact one of our specialised mortgage brokers for more information.
^3.77% Comparison rate based on a loan of $250,000 over a 30 year term. WARNING: The comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.