Can a personal loan be used to buy a house?

Updated date: Tuesday, July 8, 2025 - 19:43
Can a personal loan be used to buy a house?

Mortgage Guide

Although it is always better to save a deposit of your own, it is possible to use a personal loan as part of your deposit to buy a home. You need to meet the criteria for both a home loan and for a personal loan. To qualify you must have: ... Little existing debt (car loans, high credit card balances, etc).

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