No Deposit Home Loan Features
These loans are designed for customers who do not have a deposit but do have a good credit rating, strong and stable employment and stable residential history. They can be either fixed or variable rate, however if they are used for the construction of a new home, they must be variable rate during the construction period.
You are able to borrow upto 90% of the purchase price or valuation (whichever is the lower).
We are able to offer loans with a variety of different features.
Minimum Loan |
$150,000 |
Maximum Loan |
Dependent on Postcode |
Purpose |
Can be either Owner Occupied or Investment |
Income Verification |
Full income verification, can be PAYG or self employed |
Construction |
Yes |
Indicative Rates |
Dependent on lender, call us for best rate
(02) 9659 7388 |
Loan Structure |
Principal & Interest |
Acceptable Securities |
Must be Zoned Residential |
Rural Residential |
Dependent on Postcode |
Vacant Land |
Yes, provided a building tender has been signed with a major licenced builder |
Clear Credit Required |
CRAA must be clear |
Acceptable Location |
Generally, major metropolitan & regional centers |
Maximum Loan to Value of Property |
90% |
Borrowers |
Individuals |
The above is a general guide only.
100% Home Loan, 100% Satisfaction
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