NO deposit home loan packages available NOW
90% lend NO GENUINE SAVINGS
Refinance to a better rate.
- Capitalise Lenders Mortgage Insurance (LMI) from FHOG
- Family Pledge or Family Assist
- Shared Equity / Equity Finance Mortgage (EFM)
If you want to speak directly to a Certified Mortgage Consultant (Cert 4 MFAA accredited) call: 0419-633-499
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SYDNEY MORNING HERALD on the EFM loan....... read more
How can I afford a bigger house? "Your Mortgage"......read more
This product effectively allows for people to borrow more money while holding their repayments constant. A homeowner can reduce their repayments (thereby increasing their ‘free cash flow’) by using an EFM in place of a traditional interest-bearing mortgage.
With a large proportion of people unable to save the required deposit, a number of lenders introduced loan products to assist you to obtain a loan and achieve their dream of home ownership.In addition to the higher interest rates, you will also be required to pay Loan Mortgage Insurance (LMI). This insures the lender against you defaulting on the loan; it is an upfront one off payment. Depending on the lender and the insurer they use, this fee can be taken from the First Home Owners Grant
Banks can only offer you their own products, which might not be the loan type you are looking for. which bank has the product you need?
We can help you with more products from more lenders. To achieve a loan of 100% of the purchase price you have to be look ouside the square to enter home ownership sooner with or without genuine savings.No genuine savings Then borrowing 100% could be your answer. designed for people who have a good income and simply do not have the savings set aside for the deposit. In Sydney. How can you possibly save 20%? that is over $100,000 dollars for the deposit.
RPI Financial Solutions could save you a lot of headaches and running around. fill in the two minute inquiry express inquiry to see if we can help you.
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