Getting a firm grip on your finances is important when looking to buy your first home. Home owners need to factor in costs for mortgage, rates as well as any repairs. Knowing you can financially balance all of this as well as your other expenses will be key to your success.
With access to a variety of lenders, we are able to help customers borrow up to 99.9% of a property value including lenders mortgage insurance (LMI). Gathering a sizeable deposit is no longer the be all and end all of home ownership. Even with a limited deposit, you could still entertain dreams of owning your own home.
A key path we recommend taking is pre-approval. Pre-approval can put you in a strong position as a buyer. By gaining pre approval, you send a positive signal to the realtor and home seller, you also get a clear budget and are primed and ready to put in an offer.