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  • Profile photo of giladgilad
    Member
    @gilad
    Join Date: 2004
    Post Count: 64

    As a 19 y.o., hoping to buy my first property in about 6 months, i am wondering if i will be able to get finance?

    I have probably earned $30,000 in the past year and a half, but i had to pay of uni debt and other stuff. In 6 months, i should hope to have $15000 to $20000 for a deposit. I should have a car worth about $2000 grand in my name and furniture/assets of about another $2000.

    Will i be able to get finance for a house? i’m probably looking at something to the value of $200,000.

    any help would be great,
    thanks,
    gilad

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781

    If you have that deposit and enough income to service the debt then it should be possible.

    You should speak to a broker to find out exactly.

    Cheers,

    Simon Macks
    Mortgage Broker
    http://www.mortgagehunter.com.au
    0425 228 985

    NODOC Loan – 65% Loan – No questions asked! 6.85% Rate!!

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

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