Are you buying your first home in Brisbane?
First home buyers have unique requirements when it comes to buying their first home. You have never experienced the process, and so, applying for a home loan as a first-time buyer can seem overwhelming and stressful. Which is why we are here, to help guide you through every step of the way, ensuring it remains smooth and as hurdle free as possible. All the expert advice you will need for buying your first home, and how to navigate through the industry, will be given to you, while we work behind the scenes ensuring your financing is secured.
Continue reading for all you need to know before you begin the process of buying your first home. From there, book a free assessment with our finance brokers where we can discuss your needs and financing options, so you can buy your dream home.
Meet Hugh
Here for the first home buyers.
Hugh founded Link Advance to provide first home buyers in Brisbane an unparalleled experience when it came to getting a home loan for their first home. He works to ensure every client is receiving genuinely outstanding assistance in all matters related to lending. His clients love his fun and friendly personality, making him very approachable, and the whole lending process more enjoyable.
With Hugh as your broker, you know you have an expert on your side who is ready to fight for a great outcome for you. With his previous experience in real estate and property brokerage, Hugh knows the ins and outs of the industry, overcoming many challenges to always get the best results for his clients. Backed by his genuine insight into the evolving financing landscape and problem-solving abilities, Hugh will find you a loan designed around your needs.
Tips for first home buyers.
Having done your homework before beginning your property search will lay down the foundation for the entire process. You should begin by looking at your finances.
Look at what repayments you can afford without overextending yourself, and look at any budget sacrifices you may have to make. The repayments you can afford is a factor in how much you can borrow, so you should also look for the size of the loan you can qualify for.
To help your finances out, look at the various grants available to first home buyers. We have a comprehensive list of all government grants and schemes available here.
Finding the right house in Brisbane can take some research and patience. Jumping on the first house you see, and buying it, may not give you the results you are after. So, before you start looking write a list of what you are looking for in your home. These can be divided into must haves, nice to haves, and must not haves. Remember you may have to compromise on a couple of things, no house is perfect.
Your list could include many things from, areas you want to live in, amenities that need to be close by, how many bedrooms, how old, how big of a backyard, etc. Once you know what you are looking for, get into a routine of searching for homes. You could do this on weekday evenings and then inspect houses on the weekends, for example.
There are many steps to complete and paperwork to fill out before you can move into your new Brisbane home. Because of this, mistakes are often made or elements missed if this is your first time buying a home. This can cause a lot of stress.
But, you don’t have to go through this process alone. Just like hundreds of other first home buyers we have helped, we can take you through every step of the way, ensuring that you will get your first home with as little stress as possible. A major part of this is finding you the perfect loan. We have access to a wide range of different lenders, offering different financing products, so we can find you the right loan without you having to do any of the legwork.
A broker can also help you with:
- Find your maximum borrowing capacity
- Figure out how much your repayments will be
- Identify any unexpected costs with buying a home
- Check your eligibility for grants
All of these services could not only save you time and reduce your stress levels, but also could save you money, allowing you to achieve your dream home.
First home buyers in Brisbane will find themselves spoilt for choice with different lenders available for them to choose from. However, it can be time consuming and difficult to sort through all your options to make sure you are getting the right deal.
With the help of a broker you will have someone by your side who knows the industry inside and out. Your broker can compare all your options, negotiate with lenders, and keep in mind your needs, to ultimately find the right solution for you. This means you can pick and choose the best loan, rather than accepting whatever the lender will offer you.
If you have different circumstances, we can help with specialist loans designed for your situation. These include:
- Specialists loans for professionals – Doctors or accountants in Brisbane can often gain access to loans with lower interest rates or with LMI completely waived.
- Guarantor loans – A guarantor loan can be arranged if you do not have enough money for a deposit.
- Unusual employment loans – For those who are self-employed or are a contractor, getting a loan can be more difficult. Because of this, we can help you navigate this process and find the right loan.
Buying your first home is stressful enough.
Let us help you out.
We do the legwork for you, finding you the right home loan, and finalising paperwork, so you can focus on finding your dream home. It is already a lot of work to find that perfect home, attending lots of open days, and scrolling through pages of listings to do so, why spend more time on your financing? Come have a free chat with our Brisbane brokers where we will discuss your needs, and your options. Just a chat can give you a lot of clarity on buying your first home, what you can afford, and what you need to do to secure the best financing.
What our clients are saying.
Contact us for a free assessment.
Reach out to us to get the ball rolling on your first home buyer journey. We start with an obligation-free assessment about your situation and goals in our Brisbane office. Through this assessment, we talk about your goals, objectives, and the overall strategy we’ll take to get you there. Fill in the form and we’ll be in touch with you within 4 business hours.