Construction Home Loans
There are no deposit, low deposit loans available for construction!!
-> There are 97% home loans for construction.
-> For WA/Perth clients there are low deposit home loans that require only 3% deposit
(and NO Genuine Savings!!!!!)
-> For some loans - your First Home Owners Grant can be used for your deposit
or to help cover fees.
-> If you have equity in your house and wish to buy an investment property
You can borrow 100% of the purchase price of the new property PLUS enough for the fees if you have equity.
That means you need NO deposit!
What else can we do if we have a low deposit??
Vacant land from 5% deposit if you can't afford to build now.
Some clients can secure their block now - and by the time they build - they have enough equity for their deposit
*** Remember - you don't get the first home owners grant until you start building
If you purchase vacant land - without a building contract - you will have to pay the stamp duty on the land - and get a refund when your First Home Owners Grant goes through.
Contact
us for FREE home loan consultation
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