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Queensland housing finance loan

Queensland housing finance loan

The Queensland Housing Finance Loan could be designed for Queenslanders who is able to manage to buy or build a house but cannot get private finance from a bank or building culture. This loan could be used to buy a house that is established product, town-house or duplex, or even to build a residence.

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To qualify for the mortgage you need to:

  • are now living in Queensland and start to become a resident or resident that is permanent of
  • Not part-own or own another home
  • have a household earnings under $141,000 per year
  • want to reside in the house
  • have credit history that is good
  • do not have significant debts
  • have regular cost savings history
  • have savings to pay for the deposit as well as other costs, such as for example appropriate costs, stamp duty and insurance coverage
  • have the ability to spend the money for loan repayments without difficulty
  • have making potential for the word associated with loan.