Once you’ve worked out how much you can afford to borrow and repay, saved your deposit, factored in all the costs involved, and investigated the home loan that’s right for you, now comes the fun part – buying your home! We investigate the steps involved in this page or our downloadable guide below.

Step-by-step guide to home ownership
There are many steps involved in purchasing a property which can vary between residential and investment properties. This guide explains each step in order as well as what is involved at every stage of the purchasing process.
Once you and your Mortgage Choice broker have chosen a home loan that’s right for you, it’s time to submit an application. The process varies between lenders, but we’ve provided a general order of events below.

Latest home loan interest rates
Find out how much you can borrow and the costs involved with our free quick quote!
You've done your homework, you’ve saved and saved, now comes the exciting part ... searching for your first home!
Choosing your property: what to consider
Your local Mortgage Choice expert
Making an offer for ‘the’ property is nerve-wracking stuff, but it pays to play it cool.
We answer the most common questions to get you ready for your first home in our Mortgage Minutes!
Getting help from a guarantor
If you are looking to get your foot into the property market with less than a 20% deposit, then getting help from a guarantor can help you avoid paying lenders mortgage insurance (LMI).
Watch our video to understand when you can get help from a guarantor and how they can help in your journey to buying a home.
Our current interest rates
Credit criteria, conditions, fees and charges apply. Subject to suitability. The comparison rates in this table are based on a loan amount of $150,000 and a term of 25 years. Warning: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and costs savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.
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See the latest great deals from over 25 lenders, including the big four banks. Our online comparison tool lets you compare rates and features of thousands of loans to find one that's right for you~.
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