First home loans.
Buying your first home is an exciting time – but it can also be complicated – our job is to make it easy for you!
Getting into the property market is one of the biggest financial decisions you’ll make.
From confusing contracts and jargon filled paperwork to inspections and ultimately, sealing the deal – we’re here to give it to you straight.
Like the homes on your wishlist, no two loans are the same.
Step by step, we’ll help you make sense of the nonsense, and work with over 30 banks and lenders to find the loan most suited to your first home.
The loan process
From a quick chat to settlement, these are the steps to owning your first home.
01.
Say hello
It all starts with taking about one minute to answer a few simple questions right here. When you're done, we'll meet to talk about your goals, opportunities and next steps, in person or online.
02.
Get those goals
Once we know what you need, we'll research 30 banks and lenders to provide you with loan recommendations best suited to your needs.
03.
The nitty gritty
Found your lender? Well sit back. We'll do the paperwork and package, sign and lodge your documents to get you primed and ready for pre-approval.
04.
So, how much can you borrow?
If your pre-approval gets the tick, your borrowing power will be revealed. This amount is valid for three months and gives you a clear idea of what you can spend. Let the house hunting begin!
05.
Seal the deal
After all the ups and downs of the home buying hunt, you've found a home and made an offer. While you pop the champagne, we'll keep track of your application to ensure it all runs smoothly.
06.
Settlement - your big day!
Get excited, it's time for settlement. Sit back and enjoy the moment, we'll let you know when everything is finalised and your lender has released the funds.
Loan types and features.
Variable Rate Loan
As the name suggests , the interest rate can change over the life of the loan . This gives you flexibility , but can also leave you open to rate rises. These loans also offer the option of additional repayments and redraw, as well as offset accounts.
Fixed Rate Loan
Basically, this is the opposite of a variable rate loan. Your interest rate and repayments will stay the same during the fixed term, no matter what. So no surprises. You can’t make extra repayments during the fixed term though, so it’s worth thinking about a split loan if you’re planning to pay extra.
Split Loan
The best of both worlds – you’re able to fix part of your loan, while leaving the rest variable.
Packaged Loan
Professional packages offer discounts on standard variable and fixed rates, the waiving of fees, and in some cases, great deals on other products from the same lender. A packaged loan usually comes with one annual fee for the bundled products.
