Search found 3 matches

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Fri Oct 25, 2019 11:04 am
Forum: Home Loan Forum
Topic: What are the options for a first home buyer intending to borrow 100%?
Replies: 5
Views: 84640

Re: What are the options for a first home buyer intending to borrow 100%?

How long will the guarantors stay on the mortgage? Will it be until the life of the loan?
by
Wed Oct 23, 2019 6:58 pm
Forum: Home Loan Forum
Topic: What are the options for a first home buyer intending to borrow 100%?
Replies: 5
Views: 84640

Re: What are the options for a first home buyer intending to borrow 100%?

I don’t qualify for the 100% no guarantor and no LMI home loan as my industry/profession is not listed. Guarantor options sound good right now, but my parents are also still paying off their mortgage on their home. Would this cause an issue?
by
Wed Oct 23, 2019 6:42 pm
Forum: Home Loan Forum
Topic: What are the options for a first home buyer intending to borrow 100%?
Replies: 5
Views: 84640

What are the options for a first home buyer intending to borrow 100%?

I am currently living with my parents but intend to move out soon. I have saved a bit of money (but I don’t think it’s sufficient for a deposit) and have been working for 3 years as a sales officer. Looking for options where I can borrow 90% to 100%. Found a property at $450,000.