First Home Buyer Tips

Interest rates are at an all-time low and changes to lending policy have increased borrowing power. So, would you be better off buying than renting a home in 2020?

You need to provide a number of documents to support your home loan application. Having them ready can help speed up the process.

Did you know lenders categorise savings as either genuine or non-genuine? Find out the difference and what this means for you as a borrower.

In addition to saving your deposit, there are a number of upfront costs you will have to pay for. It’s important you budget for these at the outset.

Do you know how much you need to save? Lenders typically require a 5% deposit and once you factor in upfront costs, this comes to about 8%.