Search found 4 matches

by
Tue Feb 05, 2019 9:00 pm
Forum: Home Loan Forum
Topic: Applying for a low deposit loan
Replies: 6
Views: 7146

Re: Applying for a low deposit loan

Oh! Thanks, Otto. I appreciate all the help. I will make my decision and reach out to you before the end of the week.

Cheers
by
Tue Feb 05, 2019 8:10 pm
Forum: Home Loan Forum
Topic: Applying for a low deposit loan
Replies: 6
Views: 7146

Re: Applying for a low deposit loan

Hmm! Thanks. This looks more promising. I believe that my parents would be willing to be my guarantors. I’ll ask them and get back to you soon. If I could manage a 5% deposit and apply for a home loan, would any and all banks approve the loan? I’m just trying to run all my options.
by
Tue Feb 05, 2019 7:38 pm
Forum: Home Loan Forum
Topic: Applying for a low deposit loan
Replies: 6
Views: 7146

Re: Applying for a low deposit loan

Hey,

Thanks for the information. Seems like I have quite a few things to consider before taking this forward. Can you let me know if there is any way I could avoid paying the LMI? I don’t think I can commit to paying an additional sum. Any assistance would be appreciated. Thanks.
by
Tue Feb 05, 2019 7:08 pm
Forum: Home Loan Forum
Topic: Applying for a low deposit loan
Replies: 6
Views: 7146

Applying for a low deposit loan

Hello,

I was surfing the internet and you’re the first website that popped up. Anyway, I’m looking to purchase a house in Brisbane within the next few months. I’ve been living with my parents and think that it’s about time I find a place for myself. I’ve found one that I like a lot. It’s priced at $500,000 and I have around $20,000 saved up. I wanted to know if I was eligible for a home loan with a small deposit!