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Close Topic OptionsNeed More Than 10% Deposit
Need 10% Deposit - Politics, Business, Civil, History - Posted: 13th Oct, 2011 - 11:56am
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Deposit Than Need
The deposit might be in relation to the amount of risk involved. You can get a mortgage with only a 10% deposit but then I have known others that put 15% or even 20%. Some buyers pay more so they have less monthly interest to pay.
International Level: Junior Politician / Political Participation: 100 
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Need More Than 10% Deposit History & Civil Business Politics
So then the deposit is related to the risk involv ed and your ability to pay it? I'm guessing commercial properties have a larger deposit to pay?
International Level: Politics 101 / Political Participation: 0 0%
Deposit Than Need
Not necessarily, it all depends on who is buying, the capitol they have to back them up and what they intend to do in the long run worth their business so its not a high risk to the mortgage company buying the property for you.
International Level: Junior Politician / Political Participation: 100 10%
TOPIC: Need More Than 10% Deposit