Most lenders need proof you have saved a 5% deposit before proceeding with loan approval. This makes it difficult for people that don’t have the 5% to borrow money.
Our experienced brokers can get you the approval you need with a non-genuine savings loan with minimal savings and equity. Even if you cannot contribute with genuine savings you can still be eligible for a non-genuine savings loan, in situations where your deposit was part of an inheritance, a work bonus or a family gift.
Talk to our team of experts at Oak Lending about what you need and how we can help you get started.