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Mark W.
Mark W.
Winston Hills, NSW
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I have been running a home maintenance business for 6 years and want to know how much deposit I would need to buy my first home if it was a lo doc loan?

last year

Responses

Dear Mark

If you are a first home buyer we can work on a 95% loan, but we will need 4 Latest BAS at the time of taking the loan, you will need to keep extra funds for the Stamp Duty if applicable for above a certain price threshold, as well as government fees and charges as well as legal cost. Feel free to email me any question on loans@financeandmortgage.com.au

Thanks

Madhu
0425341086

Comments

Hi Madhu, thanks for the help, I will call

Hi Mark,

Depends on which lender and which product is chosen but ideally you’d still need a minimum of 20%. Happy to discuss further if you’d like. I’m down the road from Winston hills so happy to come over for a chat :)

Cheers

Zaid
0401586901

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