Justin and Emily approached us back in mid-October 2023 as they were ready to look to purchase a house together but weren’t sure where to start or how to find a loan that was best suited for them.

After conducting our ‘bread-and-butter’ of calculating their borrowing capacity based on income and liabilities, we provided Justin and Emily with multiple scenarios of home purchases at various prices which illustrated the changing repayments at different loan amounts as well as the required cash deposits.

One business day after we received all their documents and confirmed their strategy, we presented our ‘credit proposal’ which fully outlined the recommended bank which offered very low interest rates and offered a $3,000 cashback for first home buyers.  We explained to Justin and Emily about the benefits of applying for a pre-approval which is free and allows the bank to look over your finances and confirm their intent to provide funds for a home purchase. Having a pre-approval in place provides a strong negotiating position when making offers on property by indicating to agents that finance is in-place and can perform a quick settlement. Highlighting our top-notch turnaround times, we lodged the pre-approval application less than a week after first our meeting with Justin and Emily.

After months of open inspections, Justin and Emily to their delight had their offer on a property accepted! We quickly re-engaged the bank and secured formal loan approval 5 days after the contract was signed. This allowed us to begin steering the process ‘home’, engaging with the bank and solicitors for the legal title transfer at settlement.

It is always gratifying to be able to help first home buyers start a new chapter of their lives. Congratulations Justin and Emily and we can’t wait to keep assisting achieve your financial goals!