First Home Loan Guide

The first question a lot of "First Home Buyers" ask is how much they need for a deposit.

Mortgage Insurance sounds like it is a product to help you, but it is designed to protect the bank for taking a higher risk in lending to someone with a smaller deposit. Let's break it down.

You'll hear it referred to as "Servicing" "capacity to borrow" or "affordability" - these all refer to how much the bank can lend to you depending on your personal circumstances

We break it down into small pieces for you to keep it simple.

Here we have a range of pros and cons for each. We'll explain what they are before you work out what's best for you

Does a First Home Buyer need a Pre-Approval?