Graeme Andrew

Buying your first home | Ringwood & Croydon

Buying your first home is a big, exciting step! And you're about to get your first look at the home loan journey. The Mortgage Choice in Ringwood team is here to help you every step of the way.

First things first - your budget

The first step in buying your first home is to sit down with our team to go through your budget, income & expenses to figure out exactly how much you can afford to borrow. We'll also chat through the type of lenders that would suit you best, from our panel of over 20 lenders - including all the big banks & some specialist lenders.

The next step is for the Mortgage Choice team in Ringwood & Croydon to put through an application for pre-approval on your home loan. Pre-approval means the bank has tentatively approved your loan - which means you can start looking for a house, confident in your budget.

"Graeme is an excellent communicator & ensures you're always aware of exactly what's happening & when. I will continue to recommend to family & friends. Thanks guys!" [T. Buruma, Ringwood North]

We'll apply for Government incentives

A great part of applying for your first home loan is seeing if you're eligible for any of the range of government discounts & incentives available. They can be a bit tricky, but our team in Ringwood & Croydon are across the lot, and we'll figure out what your eligible for and apply for it on your behalf.

The types of incentives available are:

Stamp duty discount
First Home Loan Deposit Scheme (read our blog!)
First Home Owners Grant
First Home Super Saver Scheme
and more!

The 2020 First Home Loan Deposit Scheme

On 1 January 2020, the federal government rolled out its First Home Loan Deposit Scheme, an initiative designed to help first home buyers enter the property market more easily. On 1 July 2020, more places were released to accomodate more potential first home buyers. To find out if you're eligible and to learn more information about the scheme, check out our blog here or download our eligibility factsheet here.

We'll do all the hard work, so you can look for the dream first home

As your mortgage broker team in Ringwood & Croydon, we're committed to looking after all the hard stuff - doing all the research, completing the paperwork & following up the banks - for you!

So you can spend your time find your dream first home and putting in an offer. The best thing is, we've helped hundreds of first home buyers - so we can give you peace of mind that we've got it covered. Read our blog: How to save for a deposit!

We have a range of resources to get you started

We want you to feel comfortable throughout the process of buying your first home. Our resources are designed to give you an idea of what to expect throughout the home loan process.

We're here to help you take the next big financial step

Our team at Mortgage Choice Ringwood have years of experience in finding the right first home loan for our customers. With the right rate and right features, we will structure your home loan to work for you in the long run.

Call our team in Ringwood & Croydon on 03 9876 8455 or click on Contact Us at the top of the page. We're excited to get started!

^{Our team service the areas of: Wattle Glen, Hurstbridge, Strathewen, Donvale, Warrandyte, Park Orchards, Chirnside Park, Ringwood, Ringwood North, Warranwood, Heathmont, Ringwood East, Croydon, Croydon Hills, Croydon North, Croydon South, Kilsyth, Kilsyth South, Mooroolbark, Seville, Wandin East, Wandin North, Lilydale, St Andrews, Tarrawarra, Yarra Glen & surrounds.}