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Genuine savings refer to liquid assets a mortgage borrower in Victoria has saved over time. Generally, they should represent at least 5% of your deposit. This way, you can prove to your lender that you’re financially ready to buy a master-planned estate around Werribee, Victoria or any other Melbourne suburb. To successfully apply for a …

Red Flags that a Lender Looks for When Scrutinising Genuine Savings Read More »

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