First Home Buyer Loans
Buying Your First Home
If you’re thinking about buying your first home, you should talk to Paul from Mortgage Rate Finder. That’s because he knows exactly what you need to do to to get a home loan, and buy your first house.
And, while Mortgage Rate Finder can make everything easier, the process can be stressful. From dealing with the banks to finding lawyers and getting valuations, it is common for your first home mortgage broker to be your first port of call with all these kinds of questions.
Like any great adventure, you’ll need to assemble a team of trustworthy advisors to help you navigate the ins and outs of buying a property for the first time.
Teamwork Makes The Dream Work
You will need three experts in your corner to help you navigate buying your first home.
1. Mortgage Rate Finder AKA First Home Buyer Paul
You’ll definitely need money to buy your first home, and when it comes to property it’s usually more than you have saved in cash. More and more Australians are choosing mortgage brokers to secure their home loans. Mortgage brokers, like Mortgage Rate Finder, work with banks every day and know what they are looking for when they lend money.
2. A great Solicitor or Conveyancer
Having a great lawyer or solicitor in your corner is always a good idea when buying a home or property. There are a lot of pros and cons on whether to choose a solicitor or a conveyancer to handle the contract of your first home purchase, however the most important thing to keep in mind is that a lawyer or solicitor has a little more capability in the unlikely event that there is an issue.
3. An awesome Builder (if you are building your first home)
If you have decided to buy land and build your first home, then choosing an awesome builder is absolutely essential. The home building process is notoriously complicated and having a well organised and competent builder will save you a lot of headache and money.
Crunching The Numbers
To make sure that you are in a position to buy your first home, we will need to make sure the numbers stack up. This can be done quite quickly after you have provided us with a few key documents and pieces of information.
This will also help us to answer the most common questions you will ask:
1. How much deposit do I need?
2. What will my maximum purchase price be?
3. What will my monthly repayments be?
We crunch the numbers for you, leaving you with the most important task of finding your new home. We also take the time to determine if you qualify for any benefits including Stamp Duty Exemption, First Homeowners Grants (FHOG) and more. It’s all part of the process here at Mortgage Rate Finder.
There are several factors which influence and affect your maximum purchase price. These include:
- Your deposit (how much money you have saved)
- Your income
- Any other debts you have including credit card limits, Personal / Car Loans, ZIP / Afterpay and HECS Debts
- Your family situation (couple, if you have children or single)
We sort through all of this to make sure we put you in the best position to purchase your first home.
First home buyers in most states are usually entitled to the following:
- Stamp duty exemptions/reductions (Not ACT, SA, or NT)
- First Homeowners Grant (FHOG) (If building or purchasing brand new)
- Government Low Deposit Scheme (limited spaces available)
A few things to keep in mind
1. Get pre-approval for your home loan before making an offer on a property or bidding at an auction.
Having a pre-approval for your home loan will ensure that the bank is happy to go ahead and lend you the money when you do find your first home.
Of course, this is always subject to your situation not changing and an acceptable valuation of the chosen property being completed. This will give you confidence to start hunting for your new home knowing that you have the finance in place.
2. You may not be in a position to buy just yet
While First Home Buyer Paul and Mortgage Rate Finder want to help everyone we speak to, the fact is that some people may not be in a position to buy their first home. However, we can provide you with the guidance and coaching to start the process and ensure that you reach a position where you can get into a new home in the future.
We like our clients to make informed choices, so we help educate, guide and support you through the process before, during and after.
Want To Know How Much You Can Borrow?
Our Promise
At Mortgage Rate Finder, we believe that honesty is the only way to operate. That’s why we promise that every Paul you deal with will be upfront and honest when working for you.
Another part of every Paul’s promise is to be fast. Not in a sloppy way, in a ‘let’s move this thing along’ way. Mortgage Rate Finder and our posse of Pauls will always do their best to keep the momentum moving when we know we can get you a deal.
Finally, every Paul at Mortgage Rate Finder is the same Paul – he’s just bringing the right skills and experience to the table with each and every client so that you know when you work with Paul and Mortgage Rate Finder – you get exactly the mortgage broker you need to get the job done.
What Our Customers Say
EXCELLENTTrustindex verifies that the original source of the review is Google. Paul and team have been amazing, providing professional support throughout the whole process. Paul has been so great to work with, patiently teaching and guiding me with his extensive knowledge and skills.Posted onTrustindex verifies that the original source of the review is Google. Amazing easy service Great support Thanks to Paul Biddle I will continue to use for any additional support neededPosted onTrustindex verifies that the original source of the review is Google. Helped us navigate the mortgage process in our new country. Couldn't have done it without Paul and the team, especially when NAB pulled the plug after giving pre-approval. Thanks team!Posted onTrustindex verifies that the original source of the review is Google. I had spoken to Paul approximately 12 months before we used Mortgage Rate Finder to refinance our investment loan. I found him very knowledgable, helpful & what left a lasting impression was he went above & beyond which is why when we were ready I called him. With a table of Financiers, interest rates etc we were able to make an informed decision on who to refinance with. We had a smooth, trouble free experience. We are now looking at building a new house & will definitely be using Mortgage Rate Finder again to seek out the best options available for us. I can only suggest - You try them 1st!Posted onTrustindex verifies that the original source of the review is Google. Paul is wonderful down to earth but extremely knowledgeablePosted onTrustindex verifies that the original source of the review is Google. Paul and the team at Mortgage rate finder have been extremely helpful and knowledgable throughout the entire process. We have had some changes to our personal situation, and the team's level-headed and practical advice ensured that we were still able to reach the outcome we had hoped for. I would definitely recommend Paul and the team!Posted onTrustindex verifies that the original source of the review is Google. Paul was absolutely amazing he helped me get my loan it was all done during covid I have recommended him to all my family and friends even colleagues at work thanks, Paul Biddle, for your exemplary assistance.Posted onTrustindex verifies that the original source of the review is Google. A truly dedicated team of professionals that I could not rate highly enough and have no problem recommending to anyone needing there servicesPosted onTrustindex verifies that the original source of the review is Google. I can't speak highly enough of Paul. he has now done two home-loans for us. Pauls calm and professional manner means that there are no surprises and you feel secure throughout the process. I wouldn't hesitate to recommend a chat with Paul if you are looking for a broker or looking to refinance. I have recommended Mortgage Rate Finder to friends who have also been very happy with the service.Posted onTrustindex verifies that the original source of the review is Google. Absolutely amazing! Paul & his team have gone above & beyond any expectations. Made my journey to my dream come true with so much help & easy to follow directions. You won’t be disappointed.Verified by TrustindexTrustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more
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