Yet not, because they’re substantially riskier, lenders usually pertain very rigid criteria when examining candidates to possess zero-deposit home loans

Article summary

• Banking institutions usually pertain really tight conditions when examining domestic-mortgage individuals who have no-deposit because they’re noticed dramatically riskier.
• The usual standards for no-deposit individuals include a flush credit history, an effective repayment record, stable a job and you may a basic particular and you can venue away from possible property.