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Joel Bradford

First Home Buyers - Jimboomba, Tamborine and Waterford

Buying your first property in the Jimboomba, Tamborine or Waterford region?

We understand that buying a first home is always a big decision, but there are plenty of sweeteners aimed at helping first home owners buy a place of their own sooner. Some of the top reasons why now could be a great time to get into the market include;

  • Interest rates are at record lows
  • First home buyers can enjoy a helping hand (first home loan deposit scheme, homebuilder scheme, first home owner grant)
  • Various lenders are offering incentives exclusive to first home buyers 

Start your home loan journey today

How much can you borrow with a guarantor?

While a guarantor can help you in your home buying journey, having a guarantor does not mean that your borrowing power will increase. Your borrowing power can be determined by taking into account your income and expense to understand the amount of a loan you can service with your financial circumstances. With a guarantor loan, you can borrow 100% of the property purchase price or even slightly above that in some special cases. 

A guarantor loan can have many benefits including: 

  • Help you get onto the property market sooner
  • Unlock better loans with more favourable rates
  • Buy a property as early as now (you don't need a deposit)

Want more information?

If you would like to do some of your own research first, make sure you check out our home loan resources below!

To arrange an appointment please call Joel Bradford or Tim Egan on 07 5606 0061.

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