In this episode Will Bell answers the question - How much deposit do I need to purchase my first home?

1:00 A general rule of thumb is 10%

1:20 You will need Lenders Mortgage Insurance (LMI)

1:55 Bare minimum 5%

3:00 Smaller initial deposit for House and Land purchase.

4:05 Using a guarantor to purchase your first home

6:00 Summary

For any assistance with getting a home loan or finding how much deposit you need contact Will Bell Mortgage Broker or at Google Will Bell Mortgage Broker Google Places

Check us out on Facebook  Will Bell Mortgage Broker Facebook


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