Most banks will not lend you the entire value of a property when you purchase a home. You're usually going to need a deposit of at least 5% of the purchase price, but there are caveats to how much deposit you'll actually need.

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Home loan types What is a non-conforming loan?

What is a non-conforming loan?

Borrowers with non-traditional incomes or a less-than-perfect credit history may have been advised to seek a non-conforming loan, but what exactly is it?

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Before applying How to Buy a Home in Australia While Living Abroad

How to Buy a Home in Australia While Living Abroad

If you are living outside Australia now, that does not automatically disqualify you from buying a property in the country. Although stricter rules apply, the Australian real estate market is open to expats.

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More Home Loan Guides

How much deposit do you need to buy a house?

Most banks will not lend you the entire value of a property when you purchase a home. You're usually going to need a deposit of at least 5% of the purchase price, but there are caveats to how much deposit you'll actually need.

Read more

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