Buying your very first home
Have you found the home of your dreams and wondering what your options are for finance? We provide you with access to a range of home loans available to first home buyers and step you through the process and simplify the jargon.
Knowing how much you can borrow is often the first question that comes to mind. “How much can I borrow?” we always follow it up with “How much do you want to repay each month?”. Sometimes those two figures can be worlds apart, which is why we always say, “Come and see us first.”
Let us set you up correctly so you can afford this house, let’s make sure your credit file is in good order.
Once you have an amount that you are happy with and the repayments you are comfortable with, then the fun begins, and you can start looking for your new home.
Remember though, the cost of your new home isn’t the only expense that needs to considered. Costs associated with inspections, settlement agents, rates and stamp duty all form part of the total costs of purchasing a new property.
We are also unique in the way we help you in this process. Services we provide include:
Property reports. We have access to RP Data, we can see how long a house has been on the market, how much it previously sold for and if there has been any reductions in the sale price. Plus we can produce a report based on a 1km radius on what houses are selling in your area. This tool has helped save thousands for some clients.
Connections with industry related professionals including building inspectors and settlement professionals, with whom we can liaise on your behalf.
First Home Owner’s Grant. We do this for you and submit along with the loan to the bank you have chosen.
REBA grant. This is a grant that can reimburse you up to $2,000 after you purchase a property. It does have some restrictions, e.g. purchase must be through a licensed real estate agent and be under a certain purchase price. We complete this for you and lodge on your behalf.
HOME BUYER ESSENTIALS
What you need to know when buying and financing your home. Download our ebook for home buyer essentials!