-- First Home Buyers -- |
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You can purchase or build a house for your future without having to save for years for your deposit.
Some lenders specialise in loans for first homebuyers and offer this type of lending. Because of rising property prices it will probably become more popular in the future. |
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LoanWay are highly specialised in seeking finance for First Home Buyers.
Why do you need a specialist? Sometimes Finance for First Home Buyers is a little harder to approve as the lender likes to see considerably more information than a borrower with a genuine 5% deposit.
LoanWay are credit analysts with the owner implementing Australia’s first 106% loan product and we know the pitfalls of this type of lending. Let LoanWay assist you to get the loan you want.
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More information about Loans for First Home Buyer.
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| The interest rates are slightly higher than standard variable rate loans but once you have sufficient equity in the property, you can refinance to a lender would that would best suit your needs. |
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Of course there’s good news:
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| Firstly you have the First Home Owners Grant (FHOG) to help. If you would like to know if you qualify click on this link to learn more http://www.firsthome.gov.au. Some lenders are agents for the FHOG and will lodge your application form for you.
Next – Pull together your tax returns for the last 2 years and your credit card, savings and personal loan statements. Put these in a folder together with details about any other assets, or investments like savings plans or shares. The lender can use these statements to verify that you have kept all your existing financial commitments up to date.
Once we have your information we can let you know about the options available to you. |
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Contact Us on 1300 367 822 |
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