I was surprised that minimum loan most of banks lend was $250K. That mean property has to be atleast worth > $400K considering expenses.
We were looking to buy property for $330K. I guess there is stamp duty and gst.
Just seeing if anyone know if it is possible to get lower than that amount. From my understanding you need to pay 30% deposit.
I came across ANZ who only wanted 20% desposit and loan under 250K. However, they rate was over 7%.
Anyone know good mortgage broker?
We were looking to buy property for $330K. I guess there is stamp duty and gst.
Just seeing if anyone know if it is possible to get lower than that amount. From my understanding you need to pay 30% deposit.
I came across ANZ who only wanted 20% desposit and loan under 250K. However, they rate was over 7%.
Anyone know good mortgage broker?