First Home Buyers

If you’re looking for a home loan to buy your first home and officially become a homeowner, Sydney Brokers is here to assist you. We have helped many First Home Buyers get into the property market and move into their dream home.

We manage the process for you, and best of all, our fee is paid by the lender (at no cost to you).

We understand that it can be very daunting to navigate the world of mortgages, interest rates, and all the terms and conditions lenders can throw at you. But with our services, you can benefit from constant support in finding the right mortgage to buy your first home!

    Support for First Home Buyers

    The Australian government has a few assistance schemes and opportunities to help people across different states and territories purchase the first home.

    If you’re looking to purchase your first home in NSW, you may be eligible for the first home owner grant (FHOG).

    The FHOG is a government initiative that can save you $10,000 when you either buy or build your first home. Eligible first home buyers can receive the grant if they purchase a new home up to $600,000. The best part about this government initiative is that you can use these funds for the deposit to fund your home, or to cover some of the costs such as lenders mortgage insurance.

    Another assistance scheme that may be available is full or partial stamp duty exemptions when you are buying your first home in Australia. The value of the home must not exceed $1,000,000, and the applicant must be over 18 years old and meet other specific requirements.

    Applying for Your First Mortgage

    Finding the right lender involves a lot more than simply analysing their interest rates and reputation. Mortgage brokers help in assisting first-time homebuyers to conduct proper research and find the right lender and mortgage that suits their objectives and financial situation.

    Here’s what to expect when partnering with a mortgage broker like Sydney Brokers:

    • Initial meeting – here, we discuss the terms with you to establish the kind of home you want to buy, preferable loan amount, and other financial objectives that can help us refine our search;
    • Finding the right loan – we’ll research lots of home loan options and lender policies to find the right loan to suit your needs. We will then present you with the options we believe are in your best interests, and carefully take you through all of them to help you make the right choice;
    • Apply for the loan – once we agree on the right loan for you, we will complete the application process with the lender and assist you in getting your home loan pre-approval
    • Loan approval and settlement – Sydney Brokers will guide you through the rest of the settlement process and work with you Conveyancer or Solicitor to ensure a smooth settlement experience.
    • Post Settlement – This is not the end of the relationship, we are with you for the long haul and will work with you into the future to ensure your loan remains competitive and ensure you reduce your debt as fast as possible. We will assist you with your entire financial journey including Car Loans and future Investment Loans.

    Why Work with Sydney Brokers?

    Simply put, working with us can mean you can buy your first home sooner! The Sydney Brokers team is here to help First Home Buyers access the right mortgage that supports their financial goals.

    We are a fully licensed team that has established close links with 21 different lenders and can provide you access to over 2000 loan options. You can rely on our hands-on experience to have a much easier time navigating the world of home loans!

    With Sydney Brokers, you’ll get:

    • Expert support and guidance every step of the way
    • We do the heavy lifting putting your loan application together
    • A friendly team of mortgage brokers with years of hands-on experience in the business
    • Personalised solutions for your specific financial needs
    • An ‘insider’ perspective into the world of home loans

    If you’re looking to buy your first home and are dreading trying to understand how mortgages work or finding the right lender, we’re here to help!

    You don’t have to go through this process alone. Let the Sydney Brokers team come with you on this exciting journey!

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