Many aspiring first home buyers have different views on what the minimum deposit requirements are before they can successfully purchase their first home. Many believe that a minimum of 10% or 20% of the property purchase price is required in…
When applying for a home loan you’re usually asked to provide information on your financial position, including how much money you’ve saved. These savings will form part or all of your deposit that you put towards the purchase of your new…
Unfortunately, Lenders Mortgage Insurance (LMI) and first home buyers are commonly mentioned in the same sentence. Paying LMI is one of the more popular ways first home buyers are able to achieve their ‘Great Australian Dream’ of home ownership. Whilst this…
What should first home buyers look for in a home loan and how do you find the most appropriate loan for yourself? First home buyers, historically, have always been up against it, especially as property prices and rents increase, making…