Want to know how you can break out of the rent cycle?
It is much easier than you might imagine to break free from renting.
Just say YES!
Are you able to answer YES to the following questions:
- Total household earnings are less than $130,000 for couples or $90,000 for singles
- Been in your job for 6 months or more
- Permanent resident
- Maximum purchase price does not exceed $470,000
- Low debt
- Want to build with a house and land package
If you answered YES to these questions, then there is a good chance that you may qualify for a loan that only requires a 2% deposit and only 1% of this needs to come from genuine savings. This is great news as it means that if you are looking at building for $470,000, you will only need $9,400 as a deposit.
If you would like further information about how to qualify for this type of loan, please speak with one of our friendly and experienced brokers.