First home buyers
Looking to purchase your first home, but are not sure where to start? Let us show you!
Having helped hundreds of clients just like you we understand how tough it can be to break into the market.
Our director Campbell be a young broker himself sympathises, and has created this brokerage with the primary goal of helping young Australians take the leap and buy property for themselves.
If you're looking for a mortgage broker that understands your unique needs, look no further!
What does buying a home look like?
Step 1: consultation
Step 3: Submit your offer
step 2: Get Pre-approved
Buying your first home will likely be one of the largest financial commitments you make. This is why seeking professional advise is absolutely critical.
Consulting a mortgage broker will mean you understand:
- The deposit you will require
- How much you can borrow
- What type of property you can secure
- How buying that property will affect your finances now, and in the future.
Once we fully understand your position we will discuss your goals, and structure a loan solution that will help you achieve that.
step 2: Get Pre-approved
Step 3: Submit your offer
step 2: Get Pre-approved
Once we have figured out what structure will suit you best, we will then seek to secure you a pre-approval.
This means the bank has confirmed that they will loan you the money you need, once you find a suitable property.
After this you can look to make an offer on a property, knowing that the bank will loan you the money you need.
Step 3: Submit your offer
Step 3: Submit your offer
Step 3: Submit your offer
Once you have your pre-approval it is just a matter of finding the property you want to purchase, and signing the contract!
After the contract is signed we will formalise the approval with the bank. We will then work with your conveyancer to settle the loan, and complete the purchase on the desired date.
Yes, it is that easy!
Government Schemes for first home buyers
Concerned about needing a massing 20% deposit for your first home?
Under the Government's Home Guarantee Scheme you could proceed with as little as 5% down without paying lenders mortgage insurance. Eligibility conditions do apply, click on the image above for details.
Stamp duty often the largest fee a homeowner will ever pay. To buy a $600,000 dollar established property in NSW, stamp duty would exceed $21,500!
As a first home buyer you may qualify for a waiver, or concession under the governments first home buyers assistance scheme. Eligibility conditions do apply, click on the image above for details.
The first home owners grant is a one off payment that some first home buyers can qualify for.
This is only available to first home buyers purchasing a newly built property, that has never been lived in before. Eligibility conditions do apply, click on the image above for details.
placement in the above schemes are subject to government and lender approval. Terms, conditions and eligibility criteria apply