Buying your first home is one of the proudest & most exciting moments of any person’s life. But it’s also one of the most daunting and stressful. It will be one of the biggest financial decisions you’ll make in your lifetime, so it pays to have someone by your side through the buying journey, making sure you understand every part of the process.
At Shore Financial, our priority is making sure you get the support you need. We will assist you through the entire journey, from your initial property search, all the way to settlement. We work for you, not the lender and will ensure you find the right loan for your circumstances at the lowest rate available.
As leading financing experts, we are here to guide you through the process, making it less confusing and ensuring you feel confident every step of the way.
And we know that you’ve probably got a lot of questions that need answers.
How do I know how much I can afford? What type of loan should I choose? Can I still buy a home if I don’t have a 20% deposit?
We are here to help guide you through the process.
As a first home buyer, you may be eligible for both federal & state government support. Below shows the official schemes on offer & eligibility criteria.
Traditionally 20% of the property purchase price is required as a deposit, however it depends on the type of home loan, strategy and lender you select. Generally, you have to pay Lender’s Mortgage Insurance if your deposit is under 20%.
Howerever there are some exceptions to the rule:
As a first home buyer, you probably have a lot of questions about the home loan process, home loan types & costs involved.
We can help answer all of your questions!
Our specialist team has in-depth knowledge of the housing market, loan products and policies.
We’ll walk you through your options and carefully explain the differences between each product so you can make decisions with confidence.
Shore Financial specialise in:
> First Home Buyer Government Incentives
> Low Deposit Home Loans with LMI Waivers
> Guarantor Home Loans
We appreciate your message and a Shore Financial Adviser will respond to you within a few short days. In the meantime, here’s a few links to keep you occupied.
We appreciate your message and a Shore Financial broker will respond to you within a few short days. In the meantime, here’s a few links to keep you occupied.
