- Can I change my mind?
- What is the best home loan rate?
- Can I switch loans?
- Do I need a loan approval first?
- How long do loan approvals take?
- How much can I borrow?
- I have a default. What can I do?
- Irregular incomes & loans
- What About Bank Home Loans?
- What can I afford to borrow?
- Who sets interest rates?
How Much You Can Borrow for a Home Loan?
How much of the purchase price can I borrow?
This depends on a range of factors including your personal circumstances, the price of the property and any valuation that may be required (a bank valuation may not be the same as the purchase price).
Mortgage Brokers say that depending on the lender, they may be prepared to lend up to 95% of valuation, depending on your ability to repay. It's worth noting that loans of more than 80% valuation often require mortgage insurance, which the borrower pays for.
Click here to have a Choice Consultant Contact You Now!.
Click here to work out how much you can borrow using our Mortgage Calculators.
CONTACT US NOW!




