So you’re buying your first home… congratulations! Whether you’re in the initial research stage or you’ve got your deposit saved up and ready to go, this website has been designed to sort you out with both your finances, and everything else worth knowing about buying and selling property.
NSW Mortgage Corp has helped thousands of first home buyers to get into their first home. We’ve created this section to answer the questions every first home buyer has – from ‘how much can I borrow?’ and ‘what will my repayments be?’ to ‘can you tell me about the contract of sale’ and ‘how do I access my first home owners grant?’
We’ll help you select the perfect home loan from a large selection of lenders, loan types and products; complete the necessary paperwork for you; arm you with the information you need and we’ll give you plenty of useful resources, like how to buy at auction, what to ask your solicitor, what to look out for looking at a property and ways you can protect yourself from ‘buying a lemon’.
Not ready yet? No worries. We can organise a pre-approval for you. That way, you’ll know exactly how much you can afford to borrow and can start negotiating with prospective vendors (see our Negotiation Tactics… LINK).
Would you prefer to ask a mortgage specialist a quick question before diving in? Simply
contact us for a chat.
In this section, you’ll find access to important resources for first home buyers:
1.
Finance calculators – we’ve got them all: borrowing power calculator, loan repayment calculator, savings calculator, stamp duty calculator, extra repayment calculator, loan comparison calculator, credit card debt repayment calculator, budget planning calculator, personal loan repayment calculator.
2.
First Home Owners Grant – Take a look at what each state government contributes.
3.
First Home Saver Accounts – Do you know the government and the banks are willing to help you save your deposit?
4.
Loan Types – Wondering which loan you should apply for? Find out about the pro’s and con’s of each loan type that are available to first home buyers, and pick the features that suit your lifestyle.
6.
Co-ownership – want to know the benefits of buying property with family, friends and partners? Take a look at this section.
7.
Necessary Paperwork Checklist - would you like to know the #1 thing that you can do to speed the whole process up? Preparing this paperwork is important to make it happen.