First Home Buyers
Welcome to Your First Home Journey with Refine Home Loans
Hey future homeowners! If you’re embarking on the exciting journey of purchasing your first home, you’re in the right place. At Refine Home Loans, we understand the significance of this milestone, and we’re here to guide you every step of the way.
Key Features of Our First Home Buyer Loans:
- First Home Owner Grant Assistance: We’ll help you understand how you can access the First Home Owner Grant (FHOG). We’re here to give you valuable financial support.
- Deposit Options: With us you’ll discover our flexible deposit options, including low deposit loans, to make entering the property market more achievable.
- Repayment Assistance: Our team works with you to create a repayment plan that suits your budget, offering peace of mind as you step into homeownership.
- Education and Support: We believe in empowering first home buyers. Our resources and expert advice ensure you’re well-informed and confident throughout the entire process.
Why Choose Refine for Your First Home Loan?
Expert Guidance
Our experienced team knows the Australian property market inside out. We provide personalised guidance to navigate the complexities of your first home purchase, ensuring you make informed decisions.
Tailored Solutions
Your first home is as unique as you are. We have access to a range of First Home Buyer loans and will find the right one that is tailored to suit your financial situation, and offers flexible terms, competitive rates, and support.
Understanding Grants and Schemes
As a first home buyer, you may be eligible for various grants and schemes. We'll help you explore these opportunities, making your journey to homeownership even more affordable.
How to Begin Your Journey
Consultation
Schedule a friendly chat with our experts to discuss your financial goals, explore loan options, and understand the steps involved.
Pre-Approval
Get pre-approved for your first home loan, empowering you with a clear budget and confidence as you start house hunting.
Property Search
With pre-approval in hand, explore the property market with confidence, knowing you're ready to make an offer when you find the perfect home.
Loan Finalization
Once you've found your dream home, we'll guide you through the final stages of loan approval and settlement, ensuring a smooth transition to homeownership.
FAQ - First Home Buyers
The FHOG is a financial incentive provided by the government to support first home buyers. Eligibility criteria vary by state, and factors such as property value and residency status may apply. We’ll assist you in determining your eligibility and accessing the grant.
In many cases, yes! The FHOG can be used as part of your home deposit, making it a valuable contribution towards your first home purchase. We’ll guide you on how to maximise its benefits.
Deposit requirements can vary, but we offer flexible options, including low deposit loans. We’ll work with you to find a solution that aligns with your financial situation and helps you take that crucial first step into homeownership.
Your credit history is a crucial factor in loan approval. While a less-than-perfect credit history won’t necessarily disqualify you, it may impact interest rates. We offer guidance on improving your creditworthiness.
Lenders Mortgage Insurance may be required if your deposit is less than 20% of the property’s value. We’ll explain how LMI works, its costs, and explore options to minimise or avoid it where possible.
Yes, many first home buyers include additional costs in their loan. This can be an effective way to manage upfront expenses. We’ll provide guidance on budgeting for these costs and incorporating them into your loan.
The timeframe can vary, but on average, it takes several weeks from application to settlement. Factors such as property availability, legal processes, and lender approval times contribute to the overall timeline.
Book a call back
We’re use to working with busy people. Allow us to call you back at a convenient time to chat about how we can refine your home buying or home refinancing future.
