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About Mortgage Success
Mortgage Success is a Wollongong finance and mortgage broker business. Contact us to access a wide range of loans including residential, commercial, business and personal loans.
Services
First Home Buyers
Buying a New Home
Proverty Investment
Refinancing
Debt Consolidations
Home Loans
Reviews
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Ways to Pay
Cash
EFT
Eftpos
Mastercard
Visa
Licences
ACL 388823
Frequently Asked Questions
How much deposit do I need to buy my first home?
his varies according to the type of loan you are taking out, the amount you are borrowing and the lender's policy, but in general you should aim to save a deposit of between 10% to 20% of the purchase price. The more deposit you have saved, the less you'll need to borrow, which means you make lower repayments and pay less interest.
Does my credit rating affect my borrowing ability?
Your credit will be checked as part of the loan process, so you may find it harder to secure a loan if you have skipped payments, not paid your bills or exceeded credit card limits.
Mortgage Success
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