Our guide to lowering the deposit on your first home – Andrew Mirams

Our guide to lowering the deposit on your first home – Andrew Mirams

One of the most common questions first home buyers ask is, “Can you buy a house with no deposit?”

The thing is the answer to that question is not simple because the answer is “yes” but kind of “no” as well.

That’s because the lending landscape has changed over the past five years and at this moment in time, lenders are being more conservative.

But that doesn’t mean that low deposit loans for first home buyers have disappeared altogether.

It just means that you need to get your financial ducks in a row before you approach a lender for finance.

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Kevin Turner
kevin@realestatetalk.com.au
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