First Home Buyers
Generally Lenders require 5% deposit (genuine savings) for a first home purchase. But there are other avenues if you do not have this saved, such as it could be a gift, the sale of an asset or someone who offers their own property for limited security/guarantee to help you.
As a first home buyer in Queensland, in the majority of cases you would qualify for the exemption from paying stamp duty on your purchase.
Being a first home purchase you will have lots of questions and we welcome your visit to our office to answer them and get all the information you need to move forward. Our services are without cost to you as Lenders pay us for arranging your home loan with them.
Next Home Buyers
Whether you are buying or building a larger or better home for yourself you may not need any cash deposit at all if you are currently paying off your existing home. At this time we can review your loans and set up new loan accounts to suit and better your circumstances
If you do not own any current property or are selling your current property to upgrade, then most likely you will not need any “genuine savings” and we invite you to talk to us and obtain cost free advice on Lenders and their loan products that will suit your proposal. We advise and recommend Lenders that we believe will approve your loan application and their loan product used will suit and benefit your next home ownership.