Screen Shot 2022-11-03 at 11.53.51 am

First Home Buyer’s Guide

First Home Buyer Tips and Advice: Get Ahead of the Pack

Icons / Services / Wealth Creation Created with Sketch.
The process

Our guide carefully outlines the buying process so you know exactly what to expect as you embark on your home buying journey. From saving to settlement, you’ll know what’s coming.
Icons / Services / Transfer Created with Sketch.
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.
Icons / Services / Estate Created with Sketch.
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.
Icons / Services / Next Home Created with Sketch.
Government subsidies

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.
Icons / Services / Financial Wellness Created with Sketch.
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.
Icons / Services / Guarantor Created with Sketch.
The sale

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.
debt to income ratio

About Entourage Finance

Qualified and Experienced Finance Brokers

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.