Access Home Loan Options, First Home Owner Grants and Incentives while we guide you throught he process. Get help from an experienced Finance & Mortgage Broker at Savvy Home Loans today!
Rated 5 from 91 Reviews
Buying your first home is an exciting milestone and one of the most significant financial decisions you will ever make. At Savvy Home Loans, we understand the unique challenges that first home buyers face. We are committed to helping clients in Brisbane and across Australia access Home Loan options from banks and lenders nationwide. Our expertise extends beyond merely finding the right loan; we guide you through every step, ensuring a smooth journey to buying your first home.
For first home buyers, understanding your financial situation is crucial. Determining your borrowing capacity is the first step. This involves evaluating your income, expenses, and any existing debts. Your credit history plays a significant role here, influencing both the loan amount you may qualify for and the interest rate you'll be offered. Our team works with various banks and lenders to assess your credit history and identify potential interest rate discounts tailored to your situation.
Once you know how much you can borrow, it’s time to consider the types of loans available. First home buyers can choose between variable interest rates and fixed interest rates. A variable interest rate can fluctuate over time, potentially offering lower payments when rates decrease. On the other hand, a fixed interest rate provides stability, with consistent payments over the loan term. Our advisors can help you weigh the pros and cons of each option to find what best suits your needs.
An important consideration for first home buyers is the loan to value ratio (LVR), which compares the loan amount to the property's value. A lower LVR can result in more favourable loan terms. Additionally, it’s vital to check your eligibility for lenders mortgage insurance (LMI) waivers, which can reduce costs considerably. First home owner grants (FHOG) are also available to eligible buyers, offering financial assistance that can ease the burden of buying a home. Understanding these elements can make the application process more manageable.
Applying for a home loan involves several steps, including obtaining bank statements and preparing for an investment loan application if applicable. Savvy Home Loans offers a streamlined application process, ensuring all documentation is handled efficiently. Getting pre-approved for your first Home Loan gives you a clearer picture of your budget, enhancing your confidence when making offers on properties.
Stamp duty is another factor that first home buyers must account for in their financial planning. This government tax varies by state but can represent a substantial cost when buying a home. Our team can provide guidance on potential exemptions or concessions available within Queensland and beyond.
For those considering property investment alongside buying a home, understanding investment loan options is crucial. Whether you aim to purchase your first investment property or explore further opportunities, our experts ensure you have access to banks and lenders nationwide who can provide competitive terms.
Buying your first home can be complex, but with Savvy Home Loans by your side, it becomes a rewarding experience. We offer personalised advice and access to Home Loan options from banks and lenders across Australia. As you prepare to apply for a home loan, consider the benefits of an offset account, which can reduce interest payments over time by using your savings balance to offset the loan balance.
We invite you to get in touch with Savvy Home Loans today for expert guidance tailored to first home buyers and ask us about our Home Ownership plans. Whether you're in Brisbane or elsewhere in Australia, our dedicated team is ready to assist you every step of the way in buying your first home. Let us help you achieve your dream of homeownership with confidence and clarity.
Initial Consult with Savvy Home Loans
Have a chat with a qualified Finance & Mortgage Broker who will understand your situation and talk you through the next steps.
Home Loan Fact Find
Your Finance & Mortgage Broker will work with you to understand a bit more about your situation (including your financials, assets etc.) to make sure you will qualify for a Home Loan.
Home Loan Pre-Approval
Once you're approved, you can start bidding or making offers on properties you want to purchase.
Settlement
You settle on the property, your Home Loan draws-down and you're good to go!
SD
Suzy Davey
Leanne at Savvy is an experienced and extremely knowledgeable mortgage broker, always happy to help her clients understand their options.
JW
John White
I have just been recently divorced, and it was time for me to buy a place of my own. A very daunting process when you aren't use to doing it by yourself. I was lucky enough to have an unbelievable Real Estate Agent, Penny Finnigan who put me onto Emma as my broker, and what can I say but WOW. Emma is such a beautiful person as well as an unbelievable broker. Emma took all the daunting out of the whole process for me. Right from the very start Emma made me feel comfortable and at ease with the whole process and she delivered exactly what she said she would. She continually communicated with me and kept me up to date the whole way along, and a lot of times Emma went above and beyond what she had to do. I feel very lucky to have built such a great rapport with Emma along my journey, and I feel even luckier to have her on my side as my broker. If you want someone who is genuine through to the bone and a damn good broker as well, give Emma a call, you won't have any regrets ???? Thanks again Emma, you feel like a friend as well as my broker. I will be forever grateful ???? Warmest regards John
SC
Suzanne Carlton
We cannot thank Emma and Jarrad at Savvy Home Loans enough, their service was absolutely outstanding every step of the way. We tried three times with our own bank and they still couldn’t get our finance sorted but Emma and Jarrad stepped in and made it happen. They took care of everything for us and went above and beyond to make the whole process smooth, stress-free, and successful. Nothing was ever too hard; they patiently answered my countless emails with professionalism and care and went above and beyond to make the process stress-free. If you’re looking for people who truly put their clients first and deliver results, we highly recommend Savvy Home Loans-Emma and Jarrad are the best!
DJ
Dionne Jolly
After being introduced to Leanne by my Financial Advisor Helen Baker, I cannot thank Leanne and her Savvy team Emma and Jarrod enough for their superb and personalised service in helping me secure my first home loan. The Savvy team went ...
GB
Greg Badrick
Great people to deal with..Emma, Leanne & Jarrad. Very efficient and obliging always contactable... I recommend them totally. Greg Badrick.
ct
clinton taylor
We examine an extensive selection of financial products from banks, credit unions, and lending institutions nationwide. This enables us to review thousands of available options and ensure we consistently recommend the most suitable home loans for our clients.
We love working with first-time home buyers! Our team has comprehensive expertise in the entire home buying journey and can guide you toward securing the appropriate home loan. We're also well-versed in the various programs designed to support first-time buyers, including the First Home Owners Grant and different stamp duty exemptions that may be available.
Absolutely! We're confident in our ability to locate the most competitive interest rates for your refinancing needs, whether you're dealing with a residential home loan or an investment property loan.
Every one of our mortgage brokers maintains full accreditation and holds membership with the Mortgage and Finance Association of Australia. They demonstrate the highest level of professionalism and deliver outstanding service across various lending solutions.
Our services extend beyond home loans to include investment property loans, construction financing, vehicle loans, personal loans, and numerous other lending products. If you need financing for a purchase, we can likely provide assistance.
Mortgage brokers serve as your advocate in finding the most appropriate loan from major banks, smaller financial institutions, or alternative lending sources. We offer access to a comprehensive range of products that exceeds what any individual lender can provide, allowing us to handle all the research and comparison work to identify the perfect loan solution for your specific needs.
Savvy Home Loans Pty Ltd ABN: 37 128 927 211. Leanne Pon, Derrick Pon and Emma Klingner are authorised credit representatives under Australian Credit Licence #388758..
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
Site by Broker Studio
