Banks & Financial Institutions, Griffith, NSW 2680
Open until 8:00pm
Finance Brokers, Parkes, NSW 2870
Open until 5:00pm
Reputable Specialists Providing All Finance Needs
Finance Brokers, servicing Parkes
Finance Brokers, Dubbo, NSW 2830
Open until 5:00pm
Reputable Specialists Providing All Finance Needs
Finance Brokers, Griffith, NSW 2680
Award Winning Home Loan Specialists
Legal ID: 364253
Finance Brokers, Dubbo, NSW 2830
Open until 5:30pm
Finance Provider And Finance Broker
50 Talbragar St, Dubbo, NSW, 2830
Legal ID: AFSL No. 497169, Credit License No. 386803
Banks & Financial Institutions, Ganmain, NSW 2702
Open until 8:00pm
Banks & Financial Institutions, Coolamon, NSW 2701
Open until 8:00pm
For many, saving up for a deposit can be enormously daunting. As housing prices continue to climb year after year, many potential homeowners look at low deposit home loans to access the real estate market. Here’s what you need to know about low deposit loans.
Low deposit home loans are offered by some banks and lenders, offering loans with only a 5-15% deposit. For example, with a $500,000 home, a 90% loan to value ratio means the buyer pays $50,000 and the bank pays $450,000. This means fewer savings needed to purchase a house (negating future interest repayments).
Of course, with this accessibility comes a few negatives. These home mortgage loans are considered high risk by the lender, so they will scrutinise your financials carefully. They also come with higher monthly repayments and higher interest rates. Many lenders also slap on Lender’s Mortgage Insurance, which is insurance you pay on behalf of the bank should you fail to meet mortgage payments.
Ultimately, the ball is in your court. Keep the above in mind as you search for easy home loans near you.
Banks & Financial Institutions, Lake Cargelligo, NSW 2672
Banks & Financial Institutions, Dubbo, NSW 2830
Open until 6:00pm
186A Macquarie St, Dubbo, NSW, 2830
Banks & Financial Institutions, Dubbo, NSW 2830
Open until 6:00pm
Legal ID: 241167
Banks & Financial Institutions, Orange, NSW 2800
Open until 6:00pm
283 Summer St, Orange, NSW, 2800
Banks & Financial Institutions, Dubbo, NSW 2830
Banks & Financial Institutions, Griffith, NSW 2680
Banks & Financial Institutions, Orange, NSW 2800
Banks & Financial Institutions, Dubbo, NSW 2830
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