MOOSE Mortgage's Blog
As you’ve probably seen on the news or heard from a friend or family member, banks are now providing relief options for those that have been affected by Covid-19. Most banks are now providing a mortgage holiday of up to 6 months for their customers however the 6 month payment holiday is not interest free.
You may have heard through the grapevine that banks are now opening the doors to first home buyers with below a 20% deposit. Yes this is true if your income and expenditure can meet the banks serviceability requirements. What are the pros of securing your first home with above 80 – 95% lending or a
For some of you the first question to this heading might be “What is an LVR?
An LVR otherwise known as a Loan to Value Ratio provides the bank with a threshold to the amount of debt they can lend you vs the value of what the property is worth.