First Home Buyers

We'll help you understand the loan types, grants and incentives to get you into your First Home

Buying your first home is an exciting milestone, but it can also feel like a complex journey. At People First Finance, we specialise in assisting first home buyers across Prospect, South Australia, and throughout the nation. Our aim is to simplify the process of applying for a home loan, ensuring you have access to home loan options from banks and lenders across Australia. We provide expert guidance on everything from interest rates to first home owner grants (FHOG), helping you make informed decisions every step of the way.

When buying your first home, understanding your financial situation is crucial. We help you check eligibility to access lenders mortgage insurance (LMI) waivers, which can significantly reduce your upfront costs. We also guide you through the various first home owner grants (FHOG) available, allowing you to take advantage of government incentives designed to ease your entry into the property market. Our personalised service includes assessing your borrowing capacity based on your credit history, income, and expenses, helping you determine a suitable loan amount. Additionally, we assist in understanding the loan to value ratio (LVR), which influences how much you can borrow and may affect the need for LMI.

Interest rates are a vital consideration when applying for a home loan. We offer insights into both fixed and variable interest rate options, ensuring you understand the benefits and drawbacks of each. Fixed interest rates provide stability with set repayments, while variable interest rates offer flexibility and potential savings if rates decrease. For those looking to invest, we also provide advice on investment loan options and can guide you through the investment loan application process for your first investment property. We work with banks and lenders nationwide to secure competitive interest rate discounts, ensuring you receive the most favourable terms possible.

A streamlined application process is fundamental in making buying your first home as stress-free as possible. At People First Finance, we simplify the steps from getting pre-approved to submitting bank statements, ensuring you understand each phase of the journey. Our expertise allows us to expedite the application process while ensuring all requirements are met, providing peace of mind that your application is in capable hands. Additionally, we offer advice on offset accounts, which can help reduce loan interest by offsetting your savings against your loan balance. Understanding these options will empower you to make the best financial decisions for your future.

As you embark on buying your first home, our team at People First Finance is here to support you every step of the way. With access to banks and lenders nationwide, we ensure you have a wide range of options tailored to your needs. Our comprehensive service covers all aspects of applying for a home loan, from interest rate considerations to potential grants and waivers. Contact us today to begin your journey towards homeownership with confidence and clarity.