Search found 3 matches

by
Wed Aug 07, 2019 8:40 pm
Forum: Home Loan Forum
Topic: Will the gift amount increase my chances of getting a home loan?
Replies: 5
Views: 11008

Re: Will the gift amount increase my chances of getting a home loan?

I do not want to put more burden on my parents by making them guarantors since they’ve already provided a gift. How can I move forward with no guarantor?
by
Wed Aug 07, 2019 8:11 pm
Forum: Home Loan Forum
Topic: Will the gift amount increase my chances of getting a home loan?
Replies: 5
Views: 11008

Re: Will the gift amount increase my chances of getting a home loan?

Are there ways I can avoid paying LMI even when I’m borrowing over 80% of the property value?
by
Wed Aug 07, 2019 8:03 pm
Forum: Home Loan Forum
Topic: Will the gift amount increase my chances of getting a home loan?
Replies: 5
Views: 11008

Will the gift amount increase my chances of getting a home loan?

Looking to buy my first home and my parents graciously gifted me $50k. I am currently working but do not have enough savings. Will the gift amount increase my chances of getting a home loan?