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- Thu May 09, 2019 2:45 pm
- Forum: Home Loan Forum
- Topic: Studio apartment too small for a mortgage, why?
- Replies: 5
- Views: 833
Hi, I’m really keen on purchasing a studio apartment in Rushcutters Bay, Sydney valued at $300,000. I planned to put down the $30,000 earnest money deposit on the house next week but I’ve been told by my bank that the property is not acceptable as it is too small or something. I don’t understand why...