Applying for a home loan

How much deposit do you need to buy a house?

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.

The most common home loan conditions

The most common home loan conditions

While lenders may vary in some of their individual requirements, here are the most common conditions you will see as you look to avail yourself of a home loan