Congratulations to Lucas and Jess on buying their first home
Lucas and Jess came to us for help when buying their first home.
Hearing about all these new government grants and concessions that first home buyers are eligible for, they got in contact with us to lock in a spot on some of the schemes.
We straight away set about working through their borrowing capacity and different lending options together giving them a budget on their maximum purchase price. We had to consider that Lucas is self-employed and they needed a bank that offered First Home Loan Deposit Scheme (FHLDS) spots while trying to find the lowest interest rate available.
Once we had settled on the best lender we begun the application to make sure they secured a place on the FHLDS which allowed them to pay no Lenders Mortgage Insurance (LMI).
In the 3 months that they had their pre-approval in place, this home popped up for them and they were able to make an offer confidently knowing their finances were organised.
It was great to be involved in the process with Lucas and Jess in buying their first home and are glad they are enjoying being in there already.
