Would you qualify to borrow at this kind of high LVR?
How can I be eligible for a 95% mortgage loan?
- You may need a deposit with a minimum of 5% – 10% of this home value and therefore range from the first property owners grant (FHOG).
- You need to be making a regular earnings and have actually stable work.
- Rate of interest discounts are around for low-risk borrowers.
Some lenders can still help if you’re a little outside of the box