Non Genuine Savings Update
Several lenders nationally still offering 95% loan valuation ratio with no genuine savings. There is also the option of capitalising lenders mortgage insurance above the 95% LVR.
We have completed a national lender update with all of our accredited lenders in regards to non-genuine savings and the results were astonishing. The results range from 80% LVR right up to 95% PLUS the capitalisation of lenders mortgage insurance.
There is also still the "Family Guarantee" option where you may be able to borrow 100% of the purchase price plus purchsing costs. For more information see www.familyguarantee.net.au. In this case no or only minimal savings would be required with NO lenders mortgage insurance.
Talk to us now and discover what can be achieved.
More First Home Buyers Information below