Hi All,
I just recently sold my property, as we were having real trouble re-financing it to fund the purchase of our next property (1 bedroom unit just under 50sqm).
With the sale now complete we plan to purchase a property under $550,000
and would like to finance at 95%.
Is this still possible, I heard with Westpac if you are a existing customer you can still lend to 97%?
Are there any other options of lenders?
Due to to sale of the unit I now have good servicibility so should be no problem there with good credit history. Also location of purchase will be within 10-12km of Melbourne.
Regards,
Peter
I just recently sold my property, as we were having real trouble re-financing it to fund the purchase of our next property (1 bedroom unit just under 50sqm).
With the sale now complete we plan to purchase a property under $550,000
and would like to finance at 95%.
Is this still possible, I heard with Westpac if you are a existing customer you can still lend to 97%?
Are there any other options of lenders?
Due to to sale of the unit I now have good servicibility so should be no problem there with good credit history. Also location of purchase will be within 10-12km of Melbourne.
Regards,
Peter