- You can buy your first home or apartment with just 5% deposit^. The number of lenders that allow you to borrow up to 95% of the purchase price has shrunk in recent times. Lender’s Mortgage Insurance does apply.
- If you don’t have at least 3 months genuine savings, we can take in to account your rental payments. This makes it ideal for first home buyers struggling to save a deposit due to paying rent.
- Unlike many lenders, which impose a higher rate for borrowers with a small deposit, Community First doesn’t. That’s because we believe in helping you achieve your financial goals.
- If you apply for your first home by 1 March 2019 with Community First, you will receive $500 cashback# on settlement of your loan. That could help with moving costs, décor or even a house warming party. It’s our way of congratulating you.
Last updated: 21 November 2018
The information contained in this article is only correct at the point of time of publication. It is general information and has been prepared without taking into account your personal circumstances, objectives or needs. Please consider if this information is right for you before making a decision to acquire any product.