One of our lenders is currently offering a low deposit home loan to help Australian’s get into their home sooner. They have made it possible for you to borrow up to 95% of the property value, significantly reducing your deposit requirements. The lender is also accepting non-genuine savings, so if you had your deposit gifted to you or have borrowed the cash, you will still be eligible for home loan approval with just 5% of the property value.
Their low deposit home loan is designed to help first home buyers get into their first home sooner without having to save for years to meet the minimum deposit requirements of other lenders.
If you or someone you know would like to know more about the low deposit home loans on offer, get in touch with me today.