First Home Buyer

Abbey Reggardo
Sep 6, 2022
1 min read

Buying your first home is a huge milestone and will be one of the biggest purchases you make in your lifetime.

Choosing your Broker can be equally as important as you need a professional to educate and guide you through the process!

When purchasing your first home it is strongly recommended you seek approval through a qualified Mortgage Broker first. That way then you have a clear budget of what you can afford, and you are pre-approved with the bank of your choice that is right for you.

Some common questions to consider when you have made the decision to purchase your first home would be:

· Do you know what you can afford? Both lending and purchase price?

· Are you entitled to any grants or stamp duty concessions?

· Which bank is right for me?

· Which structure is right for me?

· How long does my Pre-Approval last?

· How much deposit do I need? (cash deposit)

· How much cash at settlement will I need? (funds to complete)

Your Dedicated Mortgage Broker will be able to walk you through this process and give you a clear concise budget and educate you around next steps.