The Free Mortgage Broker First Home Buyers Trust
We are the free mortgage broker first home buyers turn to, when looking for the best home loan with attractive rates and absolutely no brokerage fees.
Get the very best, tailored free mortgage advice that suits your specific circumstance.
Melbourne’s no-cost mortgage brokers can step in and guide inexperienced home buyers through the process of purchasing their first home. Experts in all things mortgages, they will provide the support you need. Also you'll have free mortgage advice to help you find the best deal that meets your individual needs.
Best of all, they are free! That’s right, no cost to the first home buyer whatsoever.
A free mortgage broker Melbourne for a first home buyer is the smartest move you will ever make! So don’t waste any more time, get in contact today.
Free Mortgage Broker First Home Buyers Can Count On
Get The Best Free Mortgage Advice and Enjoy Your New Home
Make An Enquiry
Connect with Professional Free Mortgage Brokers first home buyers have consulted for the best loans! Tap the orange button to call us or the blue button to message us now, and get free mortgage advice from an expert.
Speak With A Broker
Buying your first home is a big step and our free mortgage broker service is available today. Our brokers will find the best loans, and give you the best free mortgage advice. Loans are perfectly suited to your circumstances.
Loan Approved
Together, we’ll look at the options, assess your current income, expenses and other obligations. We’ll match you with the best loan for a fast approval. Easy! And your mortgage broker is with you, checking and reviewing your loan every year.
Advice from Free Mortgage Broker First Home Buyers Face Unique Challenges
Getting into the property market in Australia is a rite of passage, however, 70% of young people now believe they will never be able to afford a house. The idea of having to save a 20% deposit when Australia’s average house price is $980k just seems like a hill that’s too high to climb.
This is where free mortgage advice from a Melbourne mortgage broker can become such a benefit. We know all about the First Home Guarantee scheme where you would only be required to put up as little as 5% deposit and wouldn’t have to pay LMI (Lender Mortgage insurance). The government schemes also extend to other out of pocket cost like stamp duty concessions and first home owner grant (FHOG).
As a first time house buyer, you really need to understand how much you can borrow before you even start looking. Your Free mortgage broker Melbourne for first home buyers will sit down with you and complete a detail financial assessment. This means looking at home much you earn, spend, and what other debts you currently have.
It’s important to tap into the knowledge a home loan expert has- as banks and lenders have very
specific policies and requirements that send you around the bend!
Don’t waste your time getting caught up going from bank to bank trying to find one that will take you on or has the product and costs that meet your needs. Get in touch with a Melbourne home loan broker and let them do all the hard work for you.
Free mortgage advice over a coffee, will simplify the process of getting your home loan approved. Avoid hidden costs in the competitive real estate market. Deal direct with the best free mortgage broker first home buyers in Melbourne turn to, and enjoy a totally stress-free experience.
The First Home Buyer Application Process
First of all, you will need to complete the initial financial assessment to understand how much you can borrow. If you don’t know this, you will be completely blind when looking for your first home. Your free mortgage broker in Melbourne will help you answer the question “How much can I borrow?” Importantly, you should know or understand how much you are comfortable borrowing, this is an import distinction.
Next, gaining a pre-approval is on the list. This means you can go to the market with confidence. Your home loan broker will complete and submit an application to a lender that meets your needs. The lender will assess your application, and if approved, they will state some conditions that will need to meet to complete your first home buy when you eventually find your dream home.
The fun part! The property search.
Your free mortgage broker can even help you with this part. We have a large network of real estate agents and buyers advocates that can help you get what you want. Once you have found your first home and have signed a contract, a formal loan approval is the next step.
Your no cost finance specialist would have already completed the pre-approval. In most cases, this will mean providing a fully executed contract of sale to the lender, the lender will then compete a valuation on the property. Once they are satisfied with the property a formal approval will be granted and contracts issued. This is a milestone moment for any free mortgage broker Melbourne assisting a first home buyer.
And of course, we save the best until last!
Settlement and moving in. The bank organises settlement to complete the purchase of the house, once this has happened you can collect your keys on the same day!
But this isn’t where your free mortgage broker finishes. As a first home buyer, it’s important to have someone watching your back moving forward. Your home loan expert will keep a keen eye on the market and make sure you are always getting the deal you deserve.
Free Mortgage Advice and Mates for Life
The job doesn’t stop there for your free mortgage broker in Melbourne. Any home loan expert worth their salt will be keeping any eye on the health of your loan. This means, touching base regularly and making sure the deal you have is still competitive and meeting your expectations. You’ll get free mortgage advice- and be mates for life. What’s more- your home loan finance expert will complete a rate challenge if required. If the bank can’t come to the table then they will work with you to complete a home loan refinance that meets your needs.
Property investment might be on your radar. Your property investment broker will show you how to unlock the equity in you first home buy to purchase your next property. Whilst also introducing you to key contacts such as top accountant’s, conveyancers and real estate agents to ensure you completely understand how your property investment future looks. We can also provide insights in the current market conditions.
It really is a relationship for life once you have the best mortgage broker in Melbourne on your team. It is an important part of your wealth building strategy and together we can make it happen.
Free Mortgage Broker First Home Buyers Calculator
To help you learn more we’ve put together a RATE CHALLENGE calculator
that will allow you to understand if you currently have a good deal.
Click either of the buttons below, to contact us.
Have a full refinance conversation, get free mortgage advice and see how you could save serious money!
Refinance
Loan Repayment
Lets take a look at Ben and Monique
They approached a free mortgage broker as first home buyers in 2020. Having no clue how much they could borrow they really didn’t know where to start looking. They fancied the inner-city Melbourne suburbs of Richmond and Cremorne as they were currently living in the area and worked in the CBD.
However, once they sat down with a home loan expert, they soon realised that these suburbs were way out of budget.
At the time, the average house price for these 2 suburbs was about $1.3m, so the finance broker showed them how to research more affordable suburbs. They soon realised that Yarraville was a good fit. It had a vibrant young community and was still only 7kms to the CBD, best of all the average house price was only $950k which was within budget.
With the help of their free mortgage broker in Melbourne It didn’t take long for first home buyers, Ben and Monique, to find a great townhouse and move in!
Let’s get to it
Free Refinance Analysis
Get a home-value estimate
Determine the best loan for your needs
Obtain a rate quote based on your credit, equity, and desired loan
Ready to Take the Next Step?
Contact Us Today!
