Lendcom

Lendcom Finance Fueling Business Growth

23/04/2026

Lendcom's NEW head office!
Brooklyn Vic 3012

10/04/2026

How much deposit do you need for a $650,000 home?
As a first home buyer, you could get in with around $32,500 using a 5% deposit plus approx. $11,000 in costs like stamp duty and fees in Victoria.
Comment what suburb you want to see next.
⚠️ This content is for educational purposes only. Always seek advice from a licensed mortgage broker, financial adviser or accountant before making financial or credit decisions.
#5%deposit

10/04/2026

There’s a big difference between a basic pre-approval and a fully assessed one.
A fully assessed pre-approval means the bank has actually reviewed your file.
You’ll know exactly what you can spend — not just an estimate.
That’s a huge advantage in competitive markets.
⚠️ This content is for educational purposes only. Always seek advice from a licensed mortgage broker, financial adviser or accountant before making financial or credit decisions.
#5%deposit

09/04/2026

No, but it depends on your strategy.
Some lenders will allow 5 to 10% deposits, sometimes with LMI.
But 20% gives you more options and less restrictions.
This is where structuring becomes important.
⚠️ This content is for educational purposes only. Always seek advice from a licensed mortgage broker, financial adviser or accountant before making financial or credit decisions.
#5%deposit

09/04/2026

Yes, but this is where people get it wrong.
It’s called a cocktail loan, and you need to be able to service both debts.
In the right scenario it can work.
But if structured wrong, it can kill your borrowing power.
⚠️ This content is for educational purposes only. Always seek advice from a licensed mortgage broker, financial adviser or accountant before making financial or credit decisions.
#5%deposit

08/04/2026

Your credit score doesn’t need to be perfect.
Once you’re above roughly 600 to 650, most lenders treat it the same.
A lot of buyers overthink this and delay buying for no reason.
Focus on the bigger factors.
⚠️ This content is for educational purposes only. Always seek advice from a licensed mortgage broker, financial adviser or accountant before making financial or credit decisions.
#5%deposit

08/04/2026

How much deposit do you need for a $750,000 home?
As a first home buyer, you could get in with around $37,500 using a 5% deposit plus approx. $40,000 in costs like stamp duty and fees in Victoria.
Comment what suburb you want to see next.
⚠️ This content is for educational purposes only. Always seek advice from a licensed mortgage broker, financial adviser or accountant before making financial or credit decisions.
#5%deposit

07/04/2026

You don’t need a 20% deposit.
That’s one of the biggest myths in property.
With the 5% scheme, you can buy with a low deposit, avoid LMI, and still get competitive rates.
The key is knowing if you actually qualify.
⚠️ This content is for educational purposes only. Always seek advice from a licensed mortgage broker, financial adviser or accountant before making financial or credit decisions.
#5%deposit

07/04/2026

How much deposit do you need for a $530,000 home?
As a first home buyer, you could get in with around $26,500 using a 5% deposit plus approx. $43,000 in costs like stamp duty and fees in Victoria.
Comment what suburb you want to see next.
⚠️ This content is for educational purposes only. Always seek advice from a licensed mortgage broker, financial adviser or accountant before making financial or credit decisions.
#5%deposit

06/04/2026

You might already have your next deposit sitting in your home.
If your property has gone up in value, you can access usable equity.
Most lenders will allow up to 80% of your value, minus what you owe.
That difference can be used as your deposit and costs for the next purchase.
This is how people buy without saving again.
⚠️ This content is for educational purposes only. Always seek advice from a licensed mortgage broker, financial adviser or accountant before making financial or credit decisions.
#5%deposit

Address

3B/720 Geelong Road
Brooklyn, VIC
3012

Telephone

+61411308070

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