Can we get a loan with Minimal deposit
Posted: Wed Nov 13, 2019 1:53 pm
Hello,
Im a long time follower, looking for some advice.
My wife and I are looking at purchasing my first home and her second.
Combined income is 180k per year
Car loan of 36k
personal loan of 16k
No other debt
Both very stable employment, currently renting at $450 per week, same place for 3 years.
Unable to have a Guarantor
We have 10k in savings and could borrow another 15k as a "gift"
Looking at purchasing something under 500k
What else do we need to do to get into the market?
Thanks for all your help.
Im a long time follower, looking for some advice.
My wife and I are looking at purchasing my first home and her second.
Combined income is 180k per year
Car loan of 36k
personal loan of 16k
No other debt
Both very stable employment, currently renting at $450 per week, same place for 3 years.
Unable to have a Guarantor
We have 10k in savings and could borrow another 15k as a "gift"
Looking at purchasing something under 500k
What else do we need to do to get into the market?
Thanks for all your help.