The First Home Buyer Process

Step 1: Free Initial Consultation (30-45 minutes)

We discuss:

• Your financial position (income, savings, debts)
• Target property price and location
• Timeline for purchasing
• Any concerns or questions
• Government grants you’re eligible for

What you’ll learn:

• How much you can borrow
• What deposit you need
• Which government assistance you qualify for
• Realistic property budget
• Next steps in the process

No obligation, no cost, no pressure.

Step 2: Pre-Approval Application (3-5 days)

Once you’re ready to proceed:

• We collect required documents
• Research best loan options across 40+ lenders
• Prepare and submit your application
• Obtain pre-approval (conditional approval)

Benefits of pre-approval:

• Know exact borrowing capacity
• House hunt with confidence
• Stronger negotiating position with sellers
• Faster settlement once you find property
• Valid for 3-6 months typically

Step 3: Property Search (Your Timeline)

With pre-approval in hand:

• Search for properties within your budget
• Attend inspections and auctions
• Make offers with financing confidence
• Know you can settle quickly

We support you by:

• Being available for quick questions
• Checking specific properties if concerned
• Advising on finance clauses in contracts
• Extending pre-approval if needed

Step 4: Property Found – Formal Approval (7-10 days)

Once you’ve signed a contract:

• We submit property details to lender
• Lender orders valuation
• Final credit assessment completed
• Loan documents prepared
• You review and sign documents

We coordinate:

• Valuation appointments
• Any additional information requests
• Document signing
• Settlement timeline with your solicitor

Step 5: Settlement (6-8 weeks typically)

The final step:

• Loan funds released to your solicitor
• Your solicitor completes property settlement
• You receive the keys to your new home!

Post-settlement support:

• Help setting up loan account and offset
• Explanation of how to make repayments
• Advice on paying off your loan faster
• Ongoing loan reviews