In this episode Will Bell answers the question - How much deposit do I need to purchase my first home?
1:00 A general rule of thumb is 10%
1:20 You will need Lenders Mortgage Insurance (LMI)
1:55 Bare minimum 5%
3:00 Smaller initial deposit for House and Land purchase.
4:05 Using a guarantor to purchase your first home
6:00 Summary
For any assistance with getting a home loan or finding how much deposit you need contact Will Bell Mortgage Broker or at Google Will Bell Mortgage Broker Google Places
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