First Home Purchase

The first step typically involves a good chat to see where you are placed and what you might be able to do. This can either be in person at my Kingsland office, online or via phone call – whatever suits you best. Sometimes I work with clients for several months or years before they are ready to buy. Generally, this involves me asking you questions about your current financial situation, as well as answering any specific questions you may have in return.

Determining your borrowing capacity involves considering several factors, such as your income, credit history, employment status, and current debt level. While these are key elements, other financial aspects may also influence your borrowing capacity.

Before diving into house-hunting, it's wise to secure a home loan pre-approval. This process allows you to ascertain how much you can likely borrow, giving you with a clear budget when exploring properties. By obtaining pre-approval upfront, you can streamline the home buying process, making informed decisions and negotiating confidently when you find your dream home.

No! There are several options for less than a 20% deposit and it is common to buy with less than 20%. The banks rules and requirements do change often – I am up to date with what is happening in the market, as I do this all day everyday!

Absolutely – I can advise on this and point you in the right direction. If I know you will qualify for anything with regards to a First Home loan – I will point this out to you.

There are always legal fees. Sometimes there are Registered Valuations required. You also need to allow for moving costs. I will be able to advise further on all of the above so that you can budget for these.