Mortgage Choice Broker - First Home Buyers
Are you a First Home Buyer?
Buying your first home is a major financial decision that should not be taken lightly. John and Jo will help guide you on what you will need to budget each month and how much of a deposit you will need to buy your first home.
Government assistance is available for eligible first home buyers. These programs vary widely from state to state so it's really worthwhile speaking to a broker like John to ensure you receive all the entitlements you are eligible for along with the best home loan rate.
New Government incentives now released for First Home Buyers
If you're in Victoria and looking to purchase a property up to the value of six hundred thousand the Victorian Government Abolished stamp duty altogether
No stamp duty for first homes up to $600k - that's right, they abolished it altogether, which means rather than having to save up for a 10% deposit all you need to do now in save a six percent deposit. Only a 6% deposit required
So if you've done that you are well on your way in purchasing your first property.
You may wish to purchase an off the plan property or buy a land and house package. First time home owner grants of $10k are available if you're building in the metropolitan area of Melbourne.
$10,000 if you are building in Melbourne Metro
If you are in regional areas that increases up to $20k
$20,000 if you are building in Regional Victoria
Ok, so you've got your deposit in place or saving up to get that six
percent deposit. You then need to come and see us to get a pre-approval - that is very, very important before you purchase your first property.
John can help you get your pre-approval and do all the paperwork for free and find you the best rate from one of our 20 lenders.
Over 20 lenders to choose from
We will pick the right loan and lender for you.
So once that is all done that we'll put the application together and submit it
on your behalf. It's that easy!
And also don't forget we have two office locations in Croydon or in Melbourne CBD and service the areas of: Melbourne CBD | Croydon | Ringwood | Lillyale | Yarra Valley | Yarra Ranges | Mooroolbark | Seville | Wandin
Make an appointment to see John in either our Croydon or Melbourne CBD office or he will come to you.