Home loans
Whether it is the first one or the next one, the work is the same. Get the pre-approval assessed properly so it holds when you need it, and set the loan up so it still suits you in five years.
First home buyers, people upgrading and selling in the same market, and families buying somewhere they intend to keep.
A bank reads your file as a form. It scores your income against a calculator built for one kind of borrower, asks for the same documents twice, and still will not put in writing what you can actually spend. Meanwhile the place you want is going to auction on Saturday.
None of it is required to start. It just makes the first conversation more useful.
For first home buyers
Saving a 20% deposit is not always necessary any more.
The First Home Guarantee is an Australian Government scheme administered by Housing Australia. It may allow eligible first home buyers to purchase with a deposit of around 5% without paying lenders mortgage insurance, because the government guarantees part of the loan to the lender.
Getting into the market sooner, lower upfront costs, and not spending another two years chasing a deposit target that moves while you save.
Eligibility criteria apply, including property price caps that vary by location, income tests and residency requirements. Housing Australia sets those and changes them from time to time, so the only honest answer to whether you qualify is that we check your situation against the current rules before you rely on it.
How we run it
Four steps, in this order, on every file. You will always know what has just happened and what we are waiting on.
We start with what you actually own, owe and earn, and what the purchase has to achieve. Not a product recommendation on day one.
Different lenders read the same income very differently. With a panel of over 38, the question is which one reads yours correctly.
Assessed, documented and current, with the conditions understood before you are standing in a crowd.
Valuation, conditions and the run to settlement managed, with your conveyancer kept in the loop.
Building is a schedule as much as a budget. Finance that does not match the schedule becomes the problem on site.
NextA loan that fitted when you signed it may be the wrong shape now. Refinancing is the obvious move. Restructuring is usually the valuable one.
One conversation, no documents needed to start, and anything you tell us stays with us.
