We’ll listen
Our clients aren’t just anonymous bank loans; they have clear goals, and because we listen, we understand their direction. Our expertise ensures you achieve your goals faster.
Absolut Financial
First Home Buyers
Congratulations on taking the first steps to buying a home! Getting on the property ladder can be an intimidating experience, but with the right help by your side, the whole process can be smooth sailing.
Get free mortgage and financial advice
Chat with one of our trusted financial advisers today to assess your personal requirements and get the best financial advice
Features of Home Loans for First-Home Buyers
Save for a Deposit
You typically need 20% of the home’s value.
Home Loan Types
We’ll help you explore fixed vs. variable rates.
Determine Your Affordability
We’ll help you gauge how much you can borrow.
Find Your Dream Home
Our buyer’s agents scour the market for you.
Know The Complete Process
We’ll help you from start to finish on your journey to home ownership.
Government Help
We’ll unpack the government help available.
Making Your Dreams Of Home Ownership A Reality
What is the process for buying a home as a first-home buyer?
Getting on the property ladder as a first-time buyer can be an intimidating process.
You need to establish your borrowing capacity, save for a deposit, research and get pre-approved for a home loan, find your dream home, make an offer, finalise the loan, and then settle and deal with closing costs.
Going through this convoluted process on your own is inadvisable. Instead, trust our dedicated professionals to help and provide expert insights to inform your decision-making at every stage.
What can our team do for first-time buyers?
Our team is committed to supporting first-home buyers, whatever your specific needs.
- We can advise on interest rates, repayment options, and other loan features.
- We can help you navigate all that paperwork, including contracts, loan documents, and legal forms.
- We can provide insights into market trends, property values, and potential risks.
- We can advise on the fair market value of properties.
- Our savvy buyer’s agents can give first-home buyers a more comprehensive range of properties to choose from.
We’re There For Whatever You Need
Our holistic service
We’re there for you for whatever you need as partners on your home-buying journey. Our job is to listen to you, and we’re all ears to hear your requirements when it comes to purchasing your first home.
This personalised service has earned us a reputation as a fantastic service provider, twice recognised by the Australian brokerage awards.
For first-home buyers, especially, this kind of regular contact is vital during what can be a long, complicated, drawn-out process. It’s beneficial to have a committed Absolut team member fighting your corner and demystifying things as you go.
Extensive experience
Since 2016, we’ve had our finger on the pulse of the home loan and property markets, identifying the best home loan providers suited for first-time buyers. We’ve applied our considerable industry knowledge to help thousands of first-time buyers move into their new homes – it’s what our talented buyer’s agents and brokers come to work for.
Let us leverage our extensive industry experience to help you navigate the complex process and get a rung on that property ladder!
Let us help you move into your first home with expert advice through every stage of your journey.
Whatever you need, one of our team can guide you through the long process of finding a property and getting a home loan.
Why Absolut?
Why should first-home buyers trust us?
Holistic Service
Personalised, end-to-end service for first-time buyers.
Buyer’s Agents
Expert buyer’s agents to give you insider knowledge.
Approval Rates
Should you need a home loan, you’re in safe hands with our 98% loan approval rate.
Transparency
We openly communicate, so you’re well-informed through every stage.
Home Loan Expertise
Our brokers process home loans for breakfast, and we’ll leverage that experience for you.
Award-winning
Consistently recognised in the annual Australian brokerage awards for our fantastic service.
Testimonials
Any Questions About Buyer’s Agents?
How much deposit do I need to save for my first home?
The amount of deposit you need to save for your first home in Australia can vary, but typically you will need to save at least 5%, often closer to 20% of the purchase price. The more you can save, the better, because this can help you secure a better interest rate on your home loan.
What government incentives are available for first-home buyers in Australia?
Several government incentives are available for first-home buyers in Australia, including the First Home Owner Grant (FHOG), the First Home Loan Deposit Scheme (FHLDS), and the HomeBuilder scheme. These incentives can help you save money on your deposits, reduce your mortgage payments, or get you financial assistance to buy a new home. One of our team can help explain exactly what these schemes entail for you and how to apply for them..
How do I apply for a first-home buyer loan?
To apply for a first-home buyer loan in Australia, you’ll need to provide details of your income, savings, expenses, and debts. You must also provide proof of identity, such as a passport or driver’s licence, and complete a loan application form. You’ll submit all this information to a lender. At Absolut, we take the time to help you gather all this information as part of the home loan application process.
What costs are involved in buying your first home?
Besides the actual purchase price of the property, which you’ll pay for through a deposit and your home loan, you’ll also incur costs like stamp duty, legal fees, inspection fees, and ongoing charges such as council rates and insurance. We’ll talk you through these costs to ensure you consider them as part of your budget.
Can you buy an investment property as your first home?
Buying an investment property as your first home in Australia is possible, but this may not be the best option for everyone. Investment properties are typically more expensive than owner-occupied properties, and you will need to meet stricter lending criteria. To explore your options, contact one of our trusted experts today.