Search found 3 matches
- Thu Sep 19, 2019 9:04 pm
- Forum: Home Loan Forum
- Topic: Can I get a home loan with only $5,000 deposit?
- Replies: 5
- Views: 67691
Re: Can I get a home loan with only $5,000 deposit?
Besides having sufficient equity, what factors do lenders look into so my parents can qualify to be a guarantor?
- Thu Sep 19, 2019 8:41 pm
- Forum: Home Loan Forum
- Topic: Can I get a home loan with only $5,000 deposit?
- Replies: 5
- Views: 67691
Re: Can I get a home loan with only $5,000 deposit?
Thanks for the options. Unfortunately, I don’t think my parents can help me as they are already paying a mortgage on their loan. Or can they still help me?
- Thu Sep 19, 2019 8:18 pm
- Forum: Home Loan Forum
- Topic: Can I get a home loan with only $5,000 deposit?
- Replies: 5
- Views: 67691
Can I get a home loan with only $5,000 deposit?
What are the possibilities of getting a home loan with only a $5,000 deposit? I earn $65,000 annually and have good credit. The reason why my deposit is so low is that I just. I am currently paying $850 p/w on rent at Gold Coast and hope to buy a property there which is valued at around $450,000.