Home Loans, Echuca, VIC 3564
Mortgage Brokers, Strathdale, VIC 3550
Open by appt
Let’s Review Your Finances. What Have You Got To Lose?
Legal ID: Mortgage & Finance Association Of Australia - 391076
Home Loans, Echuca, VIC 3564
Home Loans, East Bendigo, VIC 3550
Home Loans, Lockwood, VIC 3551
Mortgage Brokers, Bendigo, VIC 3550
Mortgage Brokers, Golden Square, VIC 3555
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.
Mortgage Brokers, Echuca, VIC 3564
Mortgage Brokers, Bendigo, VIC 3550
Mortgage Brokers, Bendigo, VIC 3550
Mortgage Brokers, Kennington, VIC 3550
Mortgage Brokers, Bendigo, VIC 3550
Open until 5:00pm
Legal ID: ACL: 382869
Mortgage Brokers, Bendigo, VIC 3550
Banks & Financial Institutions, Pyramid Hill, VIC 3575
Finance Brokers, Echuca, VIC 3564
Open until 5:00pm
Finance Brokers, Bendigo, VIC 3550
Open until 5:00pm
Finance Brokers, Bendigo, VIC 3550
Banks & Financial Institutions, Elmore, VIC 3558
Banks & Financial Institutions, Boort, VIC 3537
Banks & Financial Institutions, Moama, NSW 2731
Banks & Financial Institutions, Goornong, VIC 3557
Banks & Financial Institutions, Bendigo, VIC 3550
Banks & Financial Institutions, Bendigo, VIC 3550
Banks & Financial Institutions, Bendigo, VIC 3550
Banks & Financial Institutions, Kennington, VIC 3550
Showing results 1 - 35 of 48