We encourage First Home Buyers to develop positive saving habits before looking to purchase a home. As a homeowner, you will need to be comfortable paying your mortgage each month at the same time as other expenses.
Getting a firm grip on your finances is important to ensure that you’re ready for such a major financial reprioritisation.
Before you start attending ‘Open Houses’, you will need to understand what your price limit is and how much you can afford by analysing your budget.
With access to over 50 lenders, we are able to help customers purchasing property borrow up to 99.9% of a property value including lenders mortgage insurance (LMI).
This is ideal for those who have limited funds available for the deposit and costs associated with buying a property such as stamp duty and legal fees.
If you would like more information on loan products with borrowing power of up to 99.9% of the property value, speak to our team today.