Home Loan Schemes and Grants for First Home Buyers Over 50
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.
Are 40s and 50s too old to buy a house?
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.
Can a mature age borrower get a home loan?
Yes, it’s tough to get a home loan, especially when you are 50 years old and over but there are ways. We just need to assure the bank that you have the capacity