Tag Getting first home loan

First Home Loan, Latest news, Research, Tips

Should I clear my debts or start saving for a deposit?

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…

First Home Buyers Australia
February 10, 2018

First Home Loan, Latest news, Research, Tips

The importance of ‘Genuine Savings’ for your first home loan

In recent times, most lenders have introduced mandatory policies for ‘Genuine Savings’, as a result of the greater number of first home buyers & investors that were applying for loans with minimal deposit & savings. Genuine savings are critical for…

First Home Buyers Australia
October 22, 2016