Buying your first home in Australia has always felt like a mix of excitement, anxiety, and, let’s be honest, a little bit of math-induced nausea. Saving a deposit has been the biggest hurdle for many, often taking years of careful budgeting, frugal living, and perhaps skipping a few avo on...
Buying a Home with One Income
If you are relying on a single income and wondering whether buying a home is even realistic, you are not alone. We often work with clients in exactly this position: single parents, recent graduates, newly separated individuals, all determined to get a foot on the property ladder. The good news?...
What the Latest RBA Rate Cut Really Means for First Home Buyers
You’ve been saving. Watching the market. Getting your hopes up… and then comes the announcement: The Reserve Bank of Australia (RBA) has cut the official cash rate to 3.85%. If you're a first home buyer, your first thought might be: “Great — does this mean I can finally buy?” But...
“How Much Can I Borrow?” vs “How Much Should I Borrow?”
As a first home buyer, one of the first questions you’ll likely ask is: “How much can I borrow?” But a better question to start with is: “How much should I borrow?” What you can borrow Banks assess your borrowing power based on your income, expenses, debts, dependants, and credit...
Crucial step first home buyers can often overlook
As a first home buyer, you’ve saved a deposit. You’ve been trawling realestate.com.au. You’re emotionally prepared to bid… But there’s one crucial step that many first-time buyers skip—and it can make the difference between buying smart or getting stuck. Let’s break it down. The most overlooked step: Get a pre-approval...
Securing a Home Loan Without a Traditional 9-to-5
For many Australians, homeownership is a major financial goal. But if you're self-employed, a freelancer, or working in the gig economy, securing a home loan without a traditional job can feel like an uphill battle. Without the stability of a full-time salary, traditional lenders may view you as a higher-risk...
A 2% Deposit Can Make Homeownership a Reality
Buying your first home has always been a milestone achievement, but in today’s market, it feels more like an uphill battle. The dream of homeownership is becoming increasingly difficult to achieve, especially with rising property prices and the need for a substantial deposit. While previous generations dealt with higher interest...
Frequently Asked Questions for Mortgage Broker
Curious about why you might need a mortgage broker and how we can assist you? Whether you’re a first-time buyer or a seasoned mortgage holder, understanding the value of a mortgage broker is key. So, we’ve gathered answers to common FAQs about our services to show how we can help...
Low-Doc Home Loans
Navigating the vast array of loan options can be challenging, but for self-employed individuals, a low-doc loan might be the perfect fit. Dive in with us as we uncover what makes low-doc loans special, who can benefit from them, their standout features, and whether a fixed or variable rate is...
Understanding Your Borrowing Capacity
If you’re on the hunt for a new home, the term ‘borrowing capacity’ is something you’ll want to familiarise yourself with. It’s a crucial factor in the world of home loans, so let’s dive into what it means, how lenders determine it, and how it affects your finance application. What...