RateCity found increase in home loans requiring smaller deposits for bigger home loans. Borrowing capacities can range by almost $1M with the same $40K deposit. First home buyers warned of the dangers with a low deposit home loan.
watch out for low deposit home loans this mortgage season!
Disclaimer
This article is over two years old, last updated on September 5, 2012. While RateCity makes best efforts to update every important article regularly, the information in this piece may not be as relevant as it once was. Alternatively, please consider checking recent nonspecific articles.
Product database updated 16 Apr, 2024
More nonspecific articles
More articles? Read more here