the government has introduced grants and schemes that will allow first home buyers, older borrowers included, to purchase a home with as little as a 5% deposit.
IS 50 YEARS OLD TOO OLD TO BUY A HOUSE?
They’ve always wanted to buy a home and have spoken to two brokers before they approached Maverick Finance about their chances of getting a home loan. When we understood their financial situation, we came up with a strategy.
First home buyers face so many challenges today. First is affordability. Prices of properties in Sydney and Melbourne have soared in the last 12 months. Other challenges include saving for the 5% deposit or even more and the amount of money that they need to borrow just to buy that first home. For first home […]