Find a Home Loan thats right for you
Looking for home loan options for your first home or first investment property or your next investment or home loan, Mortgage broker from VURA Home Loans will help you find home loan that meet your need.
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Find a home loan that is best for you is daunting, there are a lot of things that go wrong, especially if this is you first time buying a house.
Should you go with fixed or variable, principle or interest only home loans, how can offset account can help you save.
Contact us now, our mortgage advisor the help not only get the right loan but help you understand home loan basics.
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It varies scenario to scenario, but its always recommended to have initial deposit of about 20% of home value. The reason main why you should have at least 20% deposit is, because if your might have to may Lenders Mortgage Insurance.
The borrowing power or how much your can borrow depends upon number of reasons such as your annual income, monthly expenses, martial status, number of dependents and monthly repayments.
Your borrowing power can be different with different lender, Contact VURA Mortgage Broker to find out how much you can borrow.
The amount of stamp to be paid varies state by state, but if you are buying you first home you may not have to pay stamp duty. Your may also be eligible for first home owner grant.