Can I get a 105% loan?
In the current economic environment most lenders will only lend up to 90 or 95% loan to valuation ratio (LVR), which means only 90% or 95% of the purchase price of the property.
Your ability to get a loan with a particular LVR depends on your income, level of savings and credit history. The best way to find out how much you may borrow is to talk to an Aussie Broker who will be able to assess your current financial situation and look at your options. This service is part of your free appointment.