1. Check your deposit
Do you have any savings? There are banks that offer up to 95% finance, so you will still be required to contribute the difference as well as other purchase costs such as stamp duties and fees. Remember the $7000 first home buyers grant can also count as a deposit so you may be closer than you think to owning your own home.
2. Assess your ability to service the loan
Are you in permanent employment for more than 3 months? Casual for more than 6 months? Self employed for more than 2 years? If you have consistent income, then you may be eligible.
3. Make an appointment with LJ Hooker Financial Services
We deal with over 30 different lenders including all the major banks making sure you get the right loan to suit your needs. You will get an obligation free consultation to determine your borrowing eligibility and prepare you to start house hunting!
4. Meet your LJ Hooker Property Specialist
Upon pre-approval of your application we will introduce you to the team of award winning Property Agents in your desired area. They will help you find your ideal property. Click here to meet our team.