Last year witnessed a remarkable resurgence of first-time home buyers in the real estate market, as they accounted for 28.5% of all new home loans, based on statistics from the ABS.
Are you, or someone you know, considering the leap into homeownership soon?
To assist you in getting started, here are five practical tips:
- Consult with me as your mortgage broker – Let me simplify the home buying process for you and show you how to prepare for a home loan more swiftly.
- Prioritize saving – The larger your down payment, the less you may need to borrow.
- Reduce your credit card limits – Lowering your credit card limits can potentially increase your loan eligibility.
- Explore first home buyer incentives – Various incentives are available that could expedite your journey to owning a first home.
- Look into a 5% deposit scheme – In certain situations, it is possible to purchase a home with just a 5% deposit.
Contact me today for more tips on how to transition into your new home sooner.
0447654321
