Guide to Buying Your First Home

Purchasing your first home is a major milestone. This guide covers everything you need to know about the buying process, securing finance, and taking advantage of government assistance.  

What You Need to Know:

• Government Grants: Look into the First Home Owner Grant (FHOG) and stamp duty exemptions in your state.
• First Home Guarantee (FHBG): Buy a home with as little as a 5% deposit without paying Lenders Mortgage Insurance (LMI).
• Borrowing Capacity: Understand how lenders assess your income, expenses, and existing liabilities.
• Pre-Approval: Secure a pre-approval so you can shop and bid with confidence at auctions.

Consult with an MCT broker to map out your first home purchase journey today.