Mortgage Brokers, Maroochydore, QLD 4558
Mortgage Brokers, Maroochydore, QLD 4558
Mortgage Brokers, Noosaville, QLD 4566
Mortgage Brokers, Buderim, QLD 4556
Mortgage Brokers, Noosaville, QLD 4566
Open until 5:00pm
Legal ID: ACL: 382869
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, Noosaville, QLD 4566
Mortgage Brokers, Maroochydore, QLD 4558
Mortgage Brokers, Noosaville, QLD 4566
Mortgage Brokers, Buderim, QLD 4556
Mortgage Brokers, Buderim, QLD 4556
Mortgage Brokers, Maroochydore, QLD 4558
Mortgage Brokers, Maroochydore, QLD 4558
Banks & Financial Institutions, Noosa Heads, QLD 4567
Open until 4:30pm
Banks & Financial Institutions, Eumundi, QLD 4562
Finance Brokers, Woombye, QLD 4559
Banks & Financial Institutions, Coolum Beach, QLD 4573
Banks & Financial Institutions, Cooroy, QLD 4563
Financial Planning, Eumundi, QLD 4562
Finance Brokers, Maroochydore, QLD 4558
Banks & Financial Institutions, Maroochydore, QLD 4558
Banks & Financial Institutions, Buderim, QLD 4556
Banks & Financial Institutions, Buderim, QLD 4556
Financial Planning, West Woombye, QLD 4559
Open until 5:00pm
Financial Planning, Buderim, QLD 4556
Open until 5:00pm
13 Cedara Pl, Buderim, QLD, 4556
Legal ID: LiveNow Financial Planning CAR 1251340 and Dahl Drew AR 287554 are Authorised Representatives of Shartru Wealth Management Pty Ltd AFSL 422409
Debt Consolidation, Noosa Heads, QLD 4567
Open until 6:00pm
Legal ID: ACL418721
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