First Home Buyer Support
Buying your first property can be an overwhelming process. First time borrowers can face uncertainty over how to apply for a home loan, how to get approved, the grants they might be eligible for and where they should look to buy. On top of that, the home buying process can be filled with steps you never knew existed and jargon you've never heard before.
Buying your first home in a strong growth market like Melbourne is a hard task, but not an impossible one. So what approach should you take? Most first-time buyers want a property which suits their lifestyle and which will grow in value over time so they can take a step up the property ladder in a few years’ time.
Before you dig too deeply into the process, check that you actually qualify for a home loan. Contact several lenders to get an idea of how much money you can borrow. This will give you a realistic understanding of what (and where) you can actually buy.