Home Loans For First Home Buyers At Mortgage Choice Clarkson

How to secure a home loan as a first home buyer

First Home Loan Advice at Mortgage Choice for the northern suburbs

When you're in the process of buying your first home, it's natural to have lots of questions. Mandy Dickerson at Mortgage Choice Clarkson is here to help you by taking the stress out of this challenging process and helping you navigate your options.

How can Mortgage Choice Clarkson help first home buyers?

We spare you the jargon: The worst part about navigating the home loan process for the first time is the jargon that comes with the industry. at Mortgage Clarkson Mandy Dickerson will cut out all the fluff and provide you with the information you need to know in easy-to-understand language. We'll cover your numbers like borrowing capacity, possible repayments, interest rates, loan features and lots more.

We give you lots of options: Many Australians use a Mortgage Broker simply because they get access to thousands of home loans at once. We've got more than just the 'big four', with over 35 banks, lenders and credit unions to choose from. The best part is, we do the shopping around for you.

We explore Government incentives: There are plenty of tips and tricks that can save you money when it comes to your first home loan. We'll make sure you make the most of them, including various Government incentives available to first home buyers and designed to stretch your budget. Our Mortgage Broker Clarkson go through each one to assess your eligibility before helping you apply for the ones that suit you.

We offer a free service: If you haven't worked with a Mortgage Broker before, you may not know that most Mortgage Brokers offer a free home loan service - we certainly do! It's one of our favourite things about being Mortgage Choice Brokers in Clarkson for the northern suburbs WA. Instead, the lender you choose to go with pays us when your first home loan is settled with them. It's a win-win!

When should you speak to a mortgage broker?

It is never too early to speak to a broker. If you are thinking maybe one day I might like to buy a property, now is the right time to have the first conversation. Mortgage Choice Clarkson broker Mandy does not charge you for the time she spend talking with you so you can feel confident you can obtain objective information without any cost.

It is normal these days for first home buyers to have their first conversation with their broker some 6-12 months prior to the actual purchase. The purpose of this is to take the mystery of everything away and give you the knowledge and confidence to move forward. Quite often at the initial discussion it is identified it is not possible to get the loan approved now. In these situations we will help you understand what needs to change and help you build a plan/strategy make it possible.

When you go through the process of buying a property you will require assistance from a multitude of professionals. A good broker will help you build your team of conveyancer, solicitor, building inspector, buyers advocate, insurance provider etc and once again act as your project manager.

How much does a Mortgage Broker cost?

You might be surprised to learn that our broker service comes at no cost to you.

Your home loan is not loaded with any extra costs because you used a broker, the rate will be the same, if not better than if you went direct to the lender.

We Do All The Hard Work

From comparing home loan options to preparing the paperwork and supporting you through to settlement, your mortgage broker does all the running around.

Why choose Mortgage Choice Clarkson for the northern suburbs

We are extremely well trained, experienced and knowledgeable Mandy at Mortgage Choice Clarkson take pride in helping you make the best decisions you can, and will work to the timeframe that is important to you. In addition to being good at their craft, they are genuinely interested in what is important to you. She will be with you every step of the way.

Mandy will take you through the steps on buying a home covering everything from:

minimum deposit required
maximum borrowing capacity
eligibility for government grants
choosing the right lender
the best loan structure
understanding your purchase contract
information and tips on negotiating the offer

Once you have made your choice, they will lodge the paperwork to the lender, liaise with your conveyancer and real estate agent and project manage the entire process all the way through to settlement.

How long does it take to get a home loan approved?

There are two stages in the process: pre-approval and formal approval.

Each lender has a different time frame for processing a pre-approval, ranging from 2 hours to 5 business days.

Your pre-approval is usually valid for 90 days. If you have not purchased in this time we can extend the pre-approval. This is simply done by asking you for recent payslips and financial information.

Formal approval will vary lender to lender and typically takes anywhere from 3 – 10 days.

Ready to kickstart your first home loan journey?

We've got 22 years of experience in first home loans and are ready to put our experience to work for you.

Contact Mandy Dickerson at Mortgage Choice Clarkson for Northern Suburbs on 0412533499 or email: mandy.dickerson@mortgagechoice.com.au , you can also make an appointment on this website.