Is exciting and a little scary at the same time. Not only are you faced with the challenge of finding the right property to become your first home, but you also need to know you're getting the right first home loan. The Australian mortgage market can be a confusing maze of options, home loan interest rates and bank jargon that can be difficult for a first home buyer to navigate successfully, but you don't have to get through it on your own.
"Holmes Finance" understand that buying your first home can seem confusing and complicated. Our mortgage advisers can help you to choose a loan that’s right for you, without all the running around. Our advice is based on years of experience and costs you nothing..
First home buyers often want to know when the best time to buy is going to be. There is no right or wrong time to buy your first home - only the time that suits you and your circumstances. Many would-be investors will try to time the market and buy at the bottom of the real estate cycle, looking for a bargain, but the truth is it makes no difference when you buy. The right time is when you feel you're ready to go out and buy your own home. .
When it comes to finding the 'best' first mortgage for you, it's important to remember that no two people have identical financial situations. Nobody else but you have your income, your expenses or your goals. This means that aiming at a mortgage that worked really well for a friend or family member of yours may be a terrible option for your own first home loan. Always keep in mind that you should aim at finding a mortgage package that works best for your unique personal situation. .
You know how much you can afford, but what does the bank think? Getting a pre-approved loan with "Holmes Finance" is easy. We ensure you can shop with confidence for your dream home knowing that your finance is conditionally pre-approved with our fast pre-approved loans.
For starters, submitting a mortgage application will let you know where you stand now. A preapproval will also let you know what down payment is required, what your monthly mortgage payment will be and the maximum sales price of a house you qualify for. .