Hi guys, Welcome to the Advanced Video Search Engine, and you are watching How much deposit do you need to buy a house in Australia?. That video is uploaded by Mortgage Broker Australia - Hunter Galloway at 2019-04-24T23:48:14-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [D9OKAjKfNWw]
| Name | How much deposit do you need to buy a house in Australia? |
| Video Uploader | Video From Mortgage Broker Australia - Hunter Galloway |
| Upload Date | This Video Uploaded At 25-04-2019 06:48:14 |
| Video Discription | 📚 Join FB Group (Free Access) https://www.facebook.com/groups/209395390748110/ 🤝 Need home-buying help? Work with us: https://www.huntergalloway.com.au/get-free-assessment/ 📈 Find out your borrowing capacity today: https://www.huntergalloway.com.au/mortgage-calculator/ Access the deposit calculator https://www.huntergalloway.com.au/deposit-calculator/ 00:00 How much deposit do you need to buy a house in Australia? 01:52 1. Why Do I Need A Deposit? 03:52 2. What Are The Advantages And Disadvantages? 05:00 3. What Are Some Benefits Of A Lower Deposit? About a decade ago, Australia's property investors and buyers could access 100% LVR (loan-to-valuation) loans with ease – in other words, you could borrow the entirety of the property's value -- and in some cases, loans as high as 105% were relatively available. Nowadays, lending criteria from banks is stricter, and most banks and lenders have restricted the loan to valuation ratio that they’re willing to extend to borrowers. So, if you don't have much of a deposit at the ready, is it possible to get a high LVR loan to buy a house? The simple answer is, it depends. The Big Four banks are generally willing to finance home purchases of up to 95%, provided you have a very strong employment history and savings history and evidence of genuine savings. The loan amount will also strongly influence the lender’s decision. DISCLAIMER: This video offers no Legal, Financial and Taxation advice, and the information contained is general and does not take into account your personal situation. The Listener acknowledges, consents and agrees to the viewing of the content presented on the Channel is subject to the full Disclaimer (below) and agrees to be unconditionally bound by this Disclaimer. Full Disclaimer here – https://www.huntergalloway.com.au/youtube-disclaimer/ D9OKAjKfNWw |
| Category | Education |
| Tags | buying a house | mortgage deposit | first time buyers | house deposit | first time home buyer | first time buyer | first home buyers | how much do i need for a down payment | buying a house with no money down | how much deposit | how to buy a home | home loan australia |
