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You must be able to demonstrate personal savings of at least 5% of the purchase price plus the statutory and legal costs associated with the purchase.
Personal savings such as savings accounts, term deposits, shares/equities or equity in other real estate are acceptable forms of contribution.
For a Well home loan you will also need to keep in mind that the maximum LVR that we can accept is 95%.
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We’re taking a quick break for the Melbourne Cup public holiday in Victoria. The Well offices will be closed on Tue 5th Nov. and we’ll be back as normal on Wed 6th Nov. For online banking issues visit the contact us page right here
We’re taking a quick break for the Grand Final public holiday in Victoria. The Well offices will be closed on Friday 27th Sept. and we’ll be back as normal on Monday 30th Sept. For online banking issues visit the contact us page right here
