Posts Tagged ‘What Is The Minimum Deposit For A Home Loan’

What Is The Minimum Deposit For A Home Loan

How much do I need for a home loan?
Go back about 10 years and the majority of housing lenders would willingly give borrowers 100% of the loan to purchase a property. In some instances, they would lend up to 105% of the loan to valuation (LVR).

Times have changed today. Banks and mortgage broker companies have tightened their lending policies. The loan to valuation is not as generous as it used … Read the full post »