Mortgage Brokers, Sale, VIC 3850
Open until 5:30pm
Specialists in all things finance
164 Raymond St, Sale, VIC, 3850
Legal ID: ACL 391209
Financial Planning, Sale, VIC 3850
Open until 5:30pm
Your partner in business health and personal wealth
388 Raymond St, Sale, VIC, 3850
Legal ID: The latest key economic indicators
Home Loans, Sale, VIC 3850
Open until 5:30pm
Banks & Financial Institutions, Stratford, VIC 3862
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, Maffra, VIC 3860
Banks & Financial Institutions, Maffra, VIC 3860
Banks & Financial Institutions, Maffra, VIC 3860
Mortgage Brokers, Sale, VIC 3850
Mortgage Brokers, Sale, VIC 3850
Home Loans, Bairnsdale, VIC 3875
Home Loans, Traralgon, VIC 3844
Home Loans, Traralgon, VIC 3844
Mortgage Brokers, Traralgon, VIC 3844
Mortgage Brokers, Bairnsdale, VIC 3875
Mortgage Brokers, Bairnsdale, VIC 3875
Open until 5:00pm
Legal ID: ACL: 382869
Banks & Financial Institutions, Sale, VIC 3850
Banks & Financial Institutions, Heyfield, VIC 3858
Banks & Financial Institutions, Rosedale, VIC 3847
Financial Planning, Sale, VIC 3850
Finance Brokers, Traralgon, VIC 3844
Open until 6:00pm
Legal ID: Free ongoing loan support 24/7
Banks & Financial Institutions, Traralgon, VIC 3844
Open until 4:30pm
Banks & Financial Institutions, Traralgon, VIC 3844
Banks & Financial Institutions, Paynesville, VIC 3880
Banks & Financial Institutions, Bairnsdale, VIC 3875
Financial Planning, Bairnsdale, VIC 3875
Financial Planning
Your partner in business health and personal wealth