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?
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 email@example.com
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 :)