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Getting a loan for a deposit?
Comments
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You cannot borrow the deposit to participate in the Government schemes.
Some lenders will allow you to borrow your deposit for a standard purchase - subject to overall affordability.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
"it is not a lot, but deposit would be from a loan?
do we have any chances?"
You won't find a mortgage lender who will accept that, nor a personal loan provider who will lend for that reason0 -
"it is not a lot, but deposit would be from a loan?
do we have any chances?"
You won't find a mortgage lender who will accept that, nor a personal loan provider who will lend for that reason
If it's not a lot, then the money can be saved up quicklyEarly retired - 18th December 2014
If your dreams don't scare you, they're not big enough0
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