Search found 3 matches

by Nolan
Tue May 21, 2019 6:25 pm
Forum: Home Loan Forum
Topic: Are annual bonus and a gifted deposit accepted as genuine savings?
Replies: 5
Views: 2806

Re: Are annual bonus and a gifted deposit accepted as genuine savings?

Thanks for clearing all this up. Can you tell me how much the mortgage insurance will be? Also, any significant lender fees, legal fees, charges I should be aware of?
by Nolan
Tue May 21, 2019 3:50 pm
Forum: Home Loan Forum
Topic: Are annual bonus and a gifted deposit accepted as genuine savings?
Replies: 5
Views: 2806

Re: Are annual bonus and a gifted deposit accepted as genuine savings?

That’s a relief! I’m a little uninitiated in this matter so I’m just going to ask, can we use the first home owners grant as a deposit? What other benefits are there if any, if we were to say purchase an old house?
by Nolan
Tue May 21, 2019 1:43 pm
Forum: Home Loan Forum
Topic: Are annual bonus and a gifted deposit accepted as genuine savings?
Replies: 5
Views: 2806

Are annual bonus and a gifted deposit accepted as genuine savings?

Hi, I received a lump sum payment of $12,000 as part of our annual performance bonus which we would like to use as a deposit for a house along with a $15,000 gift from my in-laws. We’re both first home buyers looking to buy in Mickleham VIC. We’ve been renting the same place at $370 per week for the...