Our team is dedicated to helping first home buyers start their journey to home ownership. This is because we understand that not all have had the opportunity or support they needed to become a home owner.
Buying your first home is a very exciting step. Unlike renting, you will be able to pay off your very own home and not someone else's. That means no more landlords, inspections and no pet policies!
Our qualified experts are here to guide you every step of the way to ensure the entire process is exciting and stress free. Below we have outlined a basic overview of our step-by-step service to give you a clearer idea of how we help you into your first home.
Pre-qualification is the first step and will allow us to determine if you qualify for a Low Deposit First Home option. We will calculate your estimated borrowing capacity - the estimated amount that the bank will lend you. With your estimated borrowing capacity, we can then advise you of new home options available within your affordability.
Once you have been pre-qualified, we will then arrange your property selection appointment. At this appointment you will meet your First Home Advisor and be presented with a selection of new home options. We will present you with affordable options within, or as near as possible to your preferred location/region.
We work directly with quality builders and developers and have access to a wide range of brand new, full turn-key house & land packages, townhouses and apartment options.
Once you’ve selected your property, you will need to sign an Expression of Interest. This lets the vendor know that you intend to purchase this property and will ensure the property is not offered to other prospective buyers. An EOI is not a binding contract to purchase the property.
Once contracts for your selected property have been prepared we will then arrange a suitable time to assist you with contract signing. All contracts are subject to finance approval. At contract signing we will also go through and explain in deatil the home loan application, lender privacy docs and first home owner grant forms with you.
Your signed contracts will then be processed and returned to the vendor. A copy of the contracts will also be sent to the lender for a valuation to be conducted. Your home loan application will also be submitted. We now await for finance approval from the lender.
Once your finance is formally approved, and you're approved for the First Home Ownersʼ Grant, your contract will then go ʻUnconditionalʼ making it a binding agreement between you and the vendor. This is the part when you celebrate because you're locked in and ready to become a home owner!
We will then meet with you to sign the relevant home loan documents. This is the contract between you and the lender to borrow the funds for your new home. We will then lodge your signed home loan documents to the lender. We then move towards settlement of your new home.
Becoming a home owner and managing a mortgage will require some extra discipline. We will put you in touch with a qualified financial planner for a complimentary financial planning consultation.
Once your property has settled, the deal is done. The property is now yours and the you're now officially a home owner! If you are buying off the plan, the builder will then begin construction of your new home. We will guide you through the construction stages and keep you up to date with the current progress of your new home.
Once your new home is completed, we will guide you through the handover stage. A final build inspection will take place and you'll receive keys to your new home and you get to move in!
Our online application form will help us to determine if you qualify for a Low Deposit First Home option and calculate your estimated borrowing capacity. It's free to apply and it won't effect your credit rating. Simply fill in our online application form in less than 10 minutes.