Key mantra is: “More you put, less you borrow”. It certainly helps to have a larger down payment or deposit, the amount you can borrow will depend on what you can afford. Certainly a 20% deposit under current LVR thresholds can help you to secure good interest rates and other favorable loan options. We’ll help you to understand realistic scenario.

Generally speaking, the higher your credit score, the more likely it is that you’ll qualify to secure funding. You may still be able to qualify for a home loan with a low credit score, but it will be subject to lender decision. There’s no harm in talking, get in touch with us today.

Account conduct with your current bank is very important as it depicts your ability to manage personal funds and it gives confidence to the lender to lend. Always make sure that your account is operating within agreed limits. However, things don’t always work out the way you want hence, there is no harm in talking to us to explore your options.