Fixed or variable — what’s better for a first home?
It depends on cash‑flow needs, flexibility and risk tolerance. We can model splits (part fixed, part variable) and explain pros/cons...
FAQ’s – First Home Buyer
How much can I borrow on my income?
Your borrowing power depends on income, debts, living costs and policy. We run servicing across multiple lenders, not just one...
What counts as ‘genuine savings’?
Regular contributions over time usually qualify; gifted funds and tax refunds can help overall funds to complete. We’ll show you...
Should I get pre‑approval before I start house‑hunting?
Yes. It clarifies your budget and strengthens offers. We’ll package your application so it’s “lender‑readyâ€.
What grants or concessions might I be eligible for?
Victoria offers several programs. We’ll confirm eligibility for your situation and keep you across any changes. Useful official links: 1....
What deposit do I need?
There are pathways with less than 20% deposit (e.g., LMI‑backed loans or guarantor structures). We’ll map your options and trade‑offs.
