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Jenna Walters

First home buyer | Mortgage broker Gosford, Woy Woy & Avoca Beach

Start your home loan journey today

Buying your first home in Gosford and the surrounding area

Buying your first home is an important milestone in your life, and definitely not one to take lightly! Your home loan is an important part of your finances, and the wrong one can end up costing you thousands more than it should. Your home loan should fit into your life, not the other way around - that’s why Jenna and Peter Walters are dedicated to helping first home buyers like you find the perfect loan. 

Jenna and Peter will assist you with the entire process as a first-time buyer, including

  • Explaining any unfamiliar concepts
  • Advising you of your borrowing power
  • Assessing your eligibility for government assistance
  • Completing all of your application paperwork
  • Securing your pre-approval if necessary

Buying your first home, and getting your first home loan, doesn’t have to be a daunting task. You can trust Jenna and Peter Walters to guide you seamlessly through your journey.

How much deposit do I need?

Preferably, your home deposit would be 20% of the property purchase price. With a 20% deposit, you can avoid paying additional fees like Lenders Mortgage Insurance (LMI). LMI can add a significant cost to the expenses of buying a home - one that you would ideally avoid. However, it isn’t always possible or realistic to simply save more for a deposit. Fortunately, there are a few ways to escape LMI, including using a guarantor and some government assistance schemes.

A guarantor is someone, usually a close relative, who offers part of their own home as security on your home loan. This can help you get into the market faster without paying unnecessary costs. However, you guarantor will be responsible for your debt if you are unable to make your repayments, so is not a decision to take lightly. If having a guarantor sounds like a possibility for you, get in touch with Jenna and Peter Walters at Mortgage Choice in Gosford to discuss your options.

Resources for first home buyers

Check out our handy guides to help you prepare to buy your first home.

Jenna and Peter Walters are ready to help you make the leap into home ownership. Get in touch today on 0423 850 481 to get started

Jenna can also assist you with:

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