Hi Lauza,
I presume your current loan is land only and the deposit you paid was 10% of the land purchase price only? Ie. if the block was $200,000 and the…

magikalcrab - can i suggest maybe talking to a broker or bank. I have spoken with a broker this morning along with NAB and they have both said max 95%…

Say for eg you take out the NAB Tailored Home Loan which allows you to draw down on your loan to make progressive payments to the builder. Is this classed…

I'm a little confused.. In researching products BankWest, Homeside & Westpac will lend to with a 5% deposit for house & land. I understand you need 20% deposit for…

Ahhh.. In my previous post where i was talking about buying land and building and we would put a 10% deposit down.. Will the banks not accept this?

Hi Michael,
Are you saying the minimum deposit for a h&l package is 20%? Just a bit confused when you said with 5% deposit you wont be able to find finance…

Hi everyone,
I live in WA and we recently sold our house - subject to finance. The buyers have 4 weeks for finance with the deadline on wed next week.…

Thanks! I am happy with a 91% lvr! Would obviously like it to be lower but am happy with this.
I haven't really looked properly into many products. Just had a…

Thanks for your reply Michael, much appreciated.
Am I correct in saying then that our lvr will increase to 91.83% by adding on LMI? Based on purchase price of $600k, deposit…

Hi everyone,
Am new to this site. Hoping you might be able to help me with my question -
My husband and I are looking to buy land & build. We…