With talk of a potential RBA interest rate cut hitting the wires there are more specials available to first home buyers looking to buy in 2019! Furthermore, lenders on the FHBA Mortgages panel have introduced some new policies which help…
Summer is already upon us in 2018, with Christmas only a few weeks away. On the 4th of December 2018, the RBA also decided to leave the cash rate on hold, which means rates have been on hold for the…
Spring is one of the busiest times of the year for the property market. Lenders have started the Season by featuring heavily in the news. A number of the lenders have decided to increase their interest rates, blaming rising funding…
The last month of Winter (i.e. August) has already arrived. With Winter coming to an end, Australian lenders continue to focus their attention on owner-occupiers, especially the first home buyers. This is great news for first home buyers as you…
How long do I need to be working before I can get my first home loan? This is a question we often get asked from many aspiring first home buyers who are looking to get into the market for the…
Mortgage offset or mortgage redraw – many first home buyers are unsure which option is better when it comes to choosing the features of their first home loan. In this special feature, we take a look at some of the differences…
Many Australian lenders are not comfortable with lending to first home buyers, who aren’t Australian permanent residents or Citizens. For many lenders, it is too risky to lend to an applicant without permanent residency as they are concerns about a…
“I have checked my borrowing capacity using a calculator online and found that I can borrow $xxx,xxx – why is this not my actual borrowing capacity when I go speak to a broker/lender?”. At FHBA Mortgages a lot of our…
The HomesVic pilot scheme was officially launched on 12 February 2018 with applications to open at 9:00 am on Monday 19 February 2018. If you are interested in taking advantage of Victoria’s shared ownership scheme it is strongly recommended that…
Should I clear my short-term debts (credit cards/personal loans) or save for my first home deposit? Our FHBA Coaches are asked the above question by many aspiring first home buyers who are unsure as to whether they should focus on paying…