Further to our post below, St George Bank, one of the pioneers for the no deposit home loan in Australia, has announced a withdrawal from the no deposit home loan market.
Unlike RAMS last week who emailed us the announcement 2 minutes after the cut off time for new applications St George have announced a cut off date for new no deposit home loans next month early in April.
If you have been thinking of buying a home and dont have a deposit this is about it for the forseeable near future, you really need to conatact us right now to get your application underway before the cut-off deadline in early April 2009.
So that is also about it for now on this website, we dont really have any new options for people purchasing property without a deposit apart for the 110% option which requires a guarantor.
If you would like more information on this 110% option please contact us now.
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