Question from Cronulla, NSW

Can you buy a house with less than 10% deposit?

2 answers

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George PopadalisFetch Loans

You most certainly can, in some circumstances you can even borrow without the cost of lenders mortgage insurance..

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David SutantyoTwelve Grains Capital

Short answer is yes. There are some government schemes available for the right applicants, too. However it's not the easiest of process, you'll need to tick a few boxes and answer additional questions by the banks before they'd say yes. Best is to chat with a mortgage broker and let them help you jump through these hoops.

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