Mortgage checklist….In a nutshell.
Minimum requirements for your Home Loan…
• 5% deposit;
Deposit can be your savings or equity from your property
• 3 months in your job;
You will need to have been employed for a minimum of 3 months and not be on probation
• A good credit rating and the ability to repay the loan
What will I need?
• 2 recent pay slips
• If your deposit is less than 20%, the Mortgage Insurers will require 3 months bank statements confirming that you have saved or held funds equivalent to 5% of the purchase price during that period
• The Contract of Sale for the property you are purchasing
• 100pt ID; This is usually a passport and your driver's licence
That's it…we do the rest!
Find out if you qualify for a Home Loan
Contact Mortgage Arena
Back to Mortgage Arena Home page