First Home Buyer

The number one benefit of using a mortgage broker is being presented with a set of customised loan options without the hassle of doing the research yourself. Yes, brokers receive remuneration from lenders for successful loan applications, but credible, qualified mortgage brokers are client-focused – because they know their reputation […]

According to 2016 Deloitte research, prospective home buyers are using mortgage brokers to secure home loans because they expect brokers will save them money and assist them through the home loan application process. If you decide a broker is for you, you’ll engage with them in a number of key stages

While some very fortunate parents may be in the position to buy their children a house outright, this is certainly the exception and not the rule. And, yet, all parents are likely to cast a cautious eye over property headlines as they ponder… How will my children ever afford to buy

As parents, we all want to see our children succeed in life. And spreading their proverbial wings and flying the family nest to branch out on their own is a big move, particularly when they’re contemplating that first home purchase. While we might feel a paternal pull to help them

When taking out a mortgage, many people forget to consider the fees and expenses that come on top of the purchase price of the property. Here are some of the extra costs that you’ll need to consider when you take out a home loan. Home loan application fees Most lenders

For those getting ready to stride into the world of home ownership, the uncertainties of pre-approval can cast a shadow of doubt over an otherwise exciting time. When is it necessary? How long does it last? And what does it involve, exactly? Pre-approval is a lender’s assessment of your likelihood

If one of your goals is to buy your own home, then 2024 might just be your lucky year. It will see the launch of the Federal Government’s exciting new Help To Buy scheme. Over the next four years, this initiative aims to help up to 40,000 low- and middle-income Australians finally

Buying your next home can be a daunting task, especially if it’s your first home. It’s exciting but full of complexities. While it’s likely to be the largest financial transaction you will ever make, we’ve found that many home buyers are poorly prepared to ensure they make a good purchase decision. And

The ‘great Australian dream’ has always been to own your own home, debt free. It gives you financial security, and over the past three to four decades, homeowners have enjoyed rising prices which has helped them build wealth. But is it always a good idea to own your home, or is renting

From saving a deposit and organising financing to finding a property and making an offer, buying a property for the first time can be a daunting task, especially in today’s hot property market where prices are rising and good housing stock moves fast. With 13 interest rate rises over a 19-month period causing

If you apply for a home loan, particularly if the loan is for more than 80% of a property’s value, you’ll more than likely have to prove to lenders that you have a satisfactory amount of savings. This is to demonstrate your ability to funnel a portion of your income