First home buyers
Buying your first home can seem daunting but it doesn’t have to be. At LoanMarket Townsville City we specialise in helping first home buyers find the right loan. We simplify the jargon and talk you through what could work for you. We believe that a mortgage is a relationship, not a transaction and aim to personally help you manage your finances for the life of your loan.
It’s tempting to dive straight into looking at properties and short listing suburbs but the best place to start is your finances. A good way to find out how much you can afford to spend is to meet with a Loan Market broker. They’ll give you an accurate assessment of your borrowing capacity (more accurately than an online calculator) and determine your eligibility for potential government grants.
Your broker will explain all the government fees and charges and ensure you will be eligible for a loan when the time comes to buy. Your broker can also put you in a stronger position to start your property search by working with you to organise a pre approval. A pre approval takes the uncertainty out of searching for a property by providing you with an accurate guide on how much you can afford to spend and allowing you to negotiate strongly on price.