What You Need to Know as a First Time Home Buyer
Get to Know you Meeting – Everyone’s situation, home loan requirements and property ownership goals are different, so I take the time to understand you and your situation, so we can get the best outcome for your you.
Set up for Mortgage Application Success – One of the biggest parts of my job, is making sure your application is complete and attractive to the banks to approve the loan. Particularly with first time homebuyers this can be a tricky to do. Your application is custom built to highlight your individual circumstance and lending eligibility.
Summary and Action Steps – There is a lot to remember. After our first meeting, I will send you a summary that you can refer to at any time, plus a list of the action points we need to take to get ready for the next step.
First Time Home Buyers Checklist – Buying your first home and securing lending is a time sensitive process with many steps. To help keep things on track, I offer a full checklist of steps and timeframes that need to be met. You will never be unsure of where we are in the process.
Options for Deposits – First time home buyers are in a unique situation to utilize many different options to raise funds for a deposit. This includes savings, grants, kiwi saver, family guarantees, gifts and much more. I will ensure no stone goes unturned to find the best deposit option for you.
Home Ownership Budget – What does it costs to own you new home? Indicative home ownership budgets will be prepared with you to ensure that you understand all the costs that come with home ownership.
Home Buyers Financial Assessment – There are several hidden costs that come with buying a home that aren’t included in mortgage payments. To ensure you are aware of these, we do a financial assessment to compare your existing fixed costs and the added costs of a new home to ensure you have the capacity to cover all these expenses.