Our guide carefully outlines the buying process so you know exactly what to expect as you embark on your home buying journey. For saving to settlement, you’ll know what’s coming.
First Home Buyers
Buying or building your first home is an exciting and sometimes overwhelming time. To help you out we put together our top tips to help guide you through the process of buying your first home.
Download the Entourage First Home Buyers Guide
Get ahead of the pack with our first home buyer tips and advice
Saving your deposit
Knowing what you want to achieve and aligning your strategy is important. This includes how best to save your deposit, how much you need to save and what costs you can expect to pay upfront.
Understanding the jargon
Lenders have a lot of criteria when it comes to assessing your financial position. Know what it means when they talk about debt-to-income ratio, creditworthiness and loan-to-value ratio.
Various levels of government provide a range of different incentives, subsidies, concessions and programs for first home buyers. This guide outlines what’s available and the eligibility criteria of each.
Home loans 101
No one is born knowing about home loans and they definitely don’t cover it very well throughout the education system. Our home loans 101 class takes you through the terminology and options available.
What happens after you’ve found the perfect property? We outline the important checks and inspections you’ll need to organise along with the differences between private’s treaty, auction and off-market purchases.
About Entourage Finance
Entourage Finance is a mortgage broker who helps first home buyers to finance their first property purchase. We guide them through the process ensuring they make all the right steps along the way. The team are all qualified and experienced finance brokers. First and foremost, they are passionate about their clients and of course, passionate about property.
In addition to finance, the team also offers Property Advisory and Conveyancing. When it comes to buying property, Entourage supports the first home buyer through each of the crucial points in the journey.
Frequently Asked Questions
What’s this guide all about?
Time and again we come across people looking to buy their first home or investment property and don’t know where to start. We’ve made it easy by outlining the process step by step. You’ll get an understanding of:
- Things to maximise saving your deposit
- Understanding what you can expect throughout the process
- How to get on top of your debt before applying for a home loan
- Know what the lenders are looking at when they assess your application
- What government support is available
- What features are available on your home loan
Who should read this?
This guide is for those who are thinking about buying their first house or other residential property.
Whether the property is your home or an investment property you’ll get some great tips on putting your best foot forward to the market and making the most of the opportunities before you.
Do I have to be an Entourage client to benefit from this?
No you don’t. Whether you decide to utilise a mortgage broker like Entourage Finance or not, you’ll still get lots of handy information about the process of buying, things to ask the lender along with an understanding of what to expect when buying a property for the first time.
If you do want an Entourage, then get in touch, we’d love to help you as you become a homeowner for the first time.