Should I pay LMI or save a 20% deposit?
Should I get into the market with a deposit lower than 20% or should I wait longer and save a full 20% deposit for my first home? Our FHBA Coaches are asked the above question by many aspiring first home…
Tag Saving for a deposit
The importance of ‘Genuine Savings’ for your first home loan
In recent times, most lenders have introduced mandatory policies for ‘Genuine Savings’, as a result of the greater number of first home buyers & investors that were applying for loans with minimal deposit & savings. Genuine savings are critical for…