First Home Buyer Loan Deposit Scheme

The First Home Loan Deposit Scheme is an Australian Government initiative to support eligible first home buyers purchase a home sooner with as little as 5 per cent. Not to be confused with the State Government’s First Home Builders Grant, the Federal Governments Scheme will support up to 10,000 loans each financial year, starting from 1 January 2020. The Scheme … Read More

Navigating your first home loan application

Increase your chances of a fast approval with a well-prepared first home loan application. Although applying for your first home loan may be the biggest financial decision you’ll make, it doesn’t need to be an overwhelming one. With the right preparation, a realistic understanding of your financial position and some professional guidance from a good mortgage broker, you can position … Read More

What to look for in your first property.

When you’re house hunting it’s easy to get distracted by the aesthetics. Every property is different to the last, so thinking about what features are important to you can help save you time looking at properties that simply aren’t what you’re after. Looking inside  Floor plan & room sizes – does the property have enough room for you and … Read More

How much can I afford to borrow for my first home loan?

Understanding your borrowing capacity is an essential step for all newcomers to home ownership. So, how much can you afford to borrow? Owning property is a dream for many young Australians and families. Aside from the financial benefits of owning a home, being able to call a slice of land your own is one of life’s most converted accomplishments. Financial … Read More

Thinking about buying your first home?

You’ll need to show the seller you have enough money. For most people that means getting a home loan. Applying for a pre-approved loan is a great place to start. A pre-approved loan, also known as a Conditional Loan, is an indication from a lender as to how much they will let you borrow and under what terms. If you … Read More