Home Loans, Koo Wee Rup, VIC 3981
Open until 9:00pm
Let Us Help You Make The Right Choice With Your Finance
Legal ID: Australia Credit License Number 389087
Mortgage Brokers, Beaconsfield, VIC 3807
Open until 6:00pm
Your Local Loan Specialist. Home/Investment Loans & Business/Car Loans
Legal ID: 392981
Mortgage Brokers, Narre Warren, VIC 3805
Mortgage Brokers, Narre Warren, VIC 3805
Mortgage Brokers, Officer, VIC 3809
Mortgage Brokers, Pakenham, VIC 3810
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, Pakenham, VIC 3810
Mortgage Brokers, Pakenham, VIC 3810
Mortgage Brokers, Pakenham, VIC 3810
Finance Brokers, Pakenham, VIC 3810
Open until 8:00pm
Home Loans, Narre Warren South, VIC 3805
(3)
Open 24 hours
Legal ID: Credit Representative Number: 438354
Home Loans, Narre Warren, VIC 3805
Home Loans, Clyde North, VIC 3978
Home Loans, Clyde North, VIC 3978
Legal ID: 500328
Home Loans, Beaconsfield Upper, VIC 3808
Mortgage Brokers, Clyde North, VIC 3978
Open until 5:00pm
Legal ID: 510508
Mortgage Brokers, Clyde North, VIC 3978
Open until 5:00pm
Mortgage Brokers, Berwick, VIC 3806
Mortgage Brokers, Berwick, VIC 3806
Mortgage Brokers, Berwick, VIC 3806
Mortgage Brokers, Berwick, VIC 3806
Open until 5:00pm
Legal ID: ACL: 382869
Mortgage Brokers, Berwick, VIC 3806
Mortgage Brokers, Narre Warren South, VIC 3805
Open until 5:00pm
Legal ID: ACL: 382869
Mortgage Brokers, Berwick, VIC 3806
Open until 8:00pm
Mortgage Brokers, Narre Warren, VIC 3805
Mortgage Brokers, Berwick, VIC 3806
Mortgage Brokers, Berwick, VIC 3806
Mortgage Brokers, Berwick, VIC 3806
Mortgage Brokers, Clyde, VIC 3978
Showing results 1 - 35 of 181