Posted in First Home Buyers

Buying your first home is exciting—but it can also be overwhelming. With so much focus on finding the perfect property, many first-home buyers overlook one critical step: understanding your maximum repayment limits. This single decision can make or break your financial future.So, how do you make sure you’re buying smart and not paying more than you should? Here are four practical steps to help you approach the market with confidence.Step 1: Know your budget before you searchBefore you sta...

If you are considering making that next property purchase, we recommend you get a home loan pre-approval first.Not only does it save you time on your property search but also protects you from overspending at an auction.Follow these 3 easy steps to get your home loan pre-approval sorted today:1) Collect your documentsProof of identityProof of income and savingsProof of living expenses and other expenditureEvidence of current assets and liabilities
 2) Talk with us to find outHow much c...

Buying your first home is a huge milestone and thanks to the expanded Australian Government 5% Deposit Scheme, it’s now more achievable than ever.From 1 October, eligible first-home buyers can purchase a property with just a 5% deposit and no lenders’ mortgage insurance (LMI). That’s a big saving, and it’s expected that around 70,000 Australians will take advantage of the scheme in its first year.With fewer barriers to entry and significant savings on upfront costs, the 5% Deposit Sch...

Choosing the right mortgage isn’t just about rates and terms—it’s about building a strategy that fits your life.At FinancePath, we believe smart lending starts with the right questions. That’s why we don’t begin with numbers—we begin with you.BOOK NOWHere are five powerful questions your mortgage adviser should ask you before offering any recommendations—and why your answers matter more than you might think:1) What other goals or lifestyle aspirations do you have beyon...

Buying a home is one of the biggest decisions you'll make—and one of the first questions you'll face is: should you go for a brand-new build or choose an established property? Each option has its own pros and cons, and the right choice depends on your lifestyle, goals, and budget.To better understand the key differences, chat with us today, we’ll help you make a confident choice.BOOK NOWRecent research from the Housing Industry Association (HIA) shows that interest in new homes is on the ri...