Getting Started As A First Home Buyer

Owning property is a goal for most Australians at some point in their lives, and chances are they’re just waiting to make the jump from tenant to homeowner.

This transition can be stress-free and painless for any first home buyer they follow a few simple tips.

First of all, getting the right advice from a mortgage broker will help you in the long term.

A broker can talk to you about the various home loans that are available to you. Factoring in your income and living expenses, they can advise which type of loan suits your current needs and requirements best.

Secondly, doing your own research about the various options available for you to take advantage of can help you on your road to real estate.

As a first home buyer, you may fit the criteria for getting a First Home Buyers Grant. Furthermore, depending on your location, there are concessions on stamp duty available if you fulfil the requirements.

Check with your local of State Revenue to see if you can apply.

To get more detailed information on your situation, talk to a Loan Market mortgage broker today.