Step By Step Guidance for a First Home Buyer:
Apply for a home loan pre-approval
The First Step towards buying your new home is to obtain a pre-approval from the lender. A pre-approval gives you the thumbs up from the lender that they have checked all your documents required for a loan and will give you a conditional approval. Most property vendors require a copy of the pre-approval to accept your offer of purchase. Pre-approval tells you how much you can borrow based on your income and savings history.
Find Your Property
With pre-approval in hand, you then have the confidence to approach vendors on private sale and auctions. You will exactly know how much you can spend on the property purchase. Once Property offer is accepted, we proceed with the valuation process to obtain formal approval.
Settle your loan and move into the dream home
Once unconditional approval is obtained, we assist in signing loan documents and put all other things in place to make sure settlement of the property happens within stipulated timeframe. Then you move in and make it a home.
Grants & concessions for first home buyer
There are a number of grants and concessions available to first home buyers from both a federal and state level. These are all designed to help new buyers get a foot on the property ladder. First Home Owners Grant (FHOG)
- First Home Loan Deposit Scheme
- Stamp duty exemptions
- Reduced Lenders Mortgage Insurance
Your eligibility can vary depending on your state and territory. It’s always smart to chat to an expert first.
Talk to us today to see how we can help.
Calculators to Help You Plan
We make Buying Your First Home Easy
1. Submit Your details and We will be in touch
Submit your details and our expert will be in touch within next 24 hours.
2. Choose from the lender who gives you the best rate and features
Our Home Loan Specialist will compare thousands of products and recommend the products that are best for you. You choose the product and we make it happen.
3. Expert support at your fingertips
Our Home Loan Specialists do the hard work for you. They liaise with the lender, keep you updated on your loan’s progress, and are available to answer your questions via phone, email or live chat.
Free Consultation
Book in your Free Consultation and we will be in touch within next 24 hours
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