Want Help To Secure Your First Property At Competitive Rates... Even If You've Been Struggling To Save For A Deposit And You Want To Avoid Costly Mistakes That Could Otherwise Cost You Thousands?
Struggling to save up for a deposit to buy your first home? Anxious about
making the transition to home ownership? Not sure of what steps you need to
take to secure finance so you can say goodbye to renting and buy your own
place... leaving your landlord in your dust? If you answered ‘yes’ get ready for
the great news…
At QMP Financial, we help first home buyers secure the deposit they need to
get into their first home sooner, without making potential mistakes that could
leave them in the rental trap for years!
And with a team that has helped hundreds of first home buyers overcome their
deposit woes and brick wall barriers that have been standing in their way to
home ownership, it’s reassuring to have a team of finance and property
specialists at your side!
So why work with QMP Financial?
Rent Money Is Dead Money - Secure Your Future Instead Of Your Landlord’s!
Jordan and Andrew saved up for a few years for a deposit to buy their first home. They have plans for renovations to put their DIY skills to the test and make it their own, plus hire contractors for the bigger jobs.
The brothers are interested in renting out rooms in the house once the renovations are complete, to cover some of their mortgage payments. Their goal is to build a portfolio of rental properties over time.
Overall, the brothers are excited to be taking this big step in their lives and are looking forward to the independence and financial freedom that comes with owning property.
What are your plans for buying your first home? If you want a hand to fast-track securing finance, click to get started…
First Home Buyer Borrowing Power Calculator
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
First Home Buyers Seeking To Escape the Rental Trap
Buying your first home can be challenging... especially if you’re doing it all yourself. Discover 9 Ways To Buy Your First Home, Even If You’ve Got Little To No Deposit Saved!
Download your exclusive FREE guide now and discover the little known formulas to fast-track your journey to home ownership and avoid potential mistakes that could literally cost you thousands.
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Real help for first home buyers!
How much money can I borrow?
We’re all unique when it comes to our finances and borrowing needs. Contact us today, we can help with calculations based on your circumstances
How do I choose a loan that’s right for me?
Our guides to loan types and features will help you learn about the main options available. There are hundreds of different home loans available, so talk to us today.
How much do I need for a deposit?
Usually between 5% – 10% of the value of a property, which you pay when signing a Contract of Sale. Speak with us to discuss your options for a deposit. You may be able to borrow against the equity in your existing home or an investment property.
How much will regular repayments be?
Go to our Repayment Calculator for an estimate. Because there so many different loan products, some with lower introductory rates, talk to us today about the deals currently available, we’ll work with you to find a loan set-up that’s right for you.
How often do I make home loan repayments — weekly, fortnightly or monthly?
Most lenders offer flexible repayment options to suit your pay cycle. Aim for weekly or fortnightly repayments, instead of monthly, as you will make more payments in a year, which will shave dollars and time off your loan.
What is the First Home Owner Grant and can I get one?
This is a grant available to Australian citizens or permanent residents who wish to buy or build their first home, which will be their principal place of residence within 12 months of settlement. Contact us directly to find out more about eligibility requirements in your state and how much grant money you could receive.
What fees/costs should I budget for?
There are a number of fees and costs involved when buying a property. To help avoid any surprises, the list below sets out many of the usual costs:
Stamp duty — This is the big one. All other costs are relatively small by comparison. Stamp duty rates vary between state and territory governments and also depend on the value of the property you buy. You may also have to pay stamp duty on the mortgage itself. To estimate your possible stamp duty charge, visit our Stamp Duty Calculator.
Legal/conveyancing fees — Generally around $1,000 – $1500, these fees cover all the legal requirements around your property purchase, including title searches.
Building inspection — This should be carried out by a qualified expert, such as a structural engineer, before you purchase the property. Your Contract of Sale should be subject to the building inspection, so if there are any structural problems you have the option to withdraw from the purchase without any significant financial penalties. A building inspection and report can cost up to $1,000, depending on the size of the property. Your conveyancer will usually arrange this inspection, and you will usually pay for it as part of their total invoice at settlement (in addition to the conveyancing fees).
Pest inspection — Also to be carried out before purchase to ensure the property is free of problems, such as white ants. Your Contract of Sale should be subject to the pest inspection, so if any unwanted crawlies are found you may have the option to withdraw from the purchase without any significant financial penalties. Allow up to $500 depending on the size of the property. Your real estate agent or conveyancer may arrange this inspection, and you will usually pay for it as part of their total invoice at settlement (in addition to the conveyancing fees).
Lender costs — Most lenders charge establishment fees to help cover the costs of their own valuation as well as administration fees. We will let you know what your lender charges but allow about $600 to $800.
Moving costs — Don’t forget to factor in the cost of a removalist if you plan on using one.
Mortgage Insurance costs — If you borrow more than 80% of the purchase price of the property, you’ll also need to pay Lender Mortgage Insurance. You may also consider whether to take out Mortgage Protection Insurance. If you buy a strata title, regular strata fees are payable.
Ongoing costs — You will need to include council and water rates along with regular loan repayments. It is important to also consider building insurance and contents insurance. Your lender will probably require a minimum sum insured for the building to cover the loan.
Fast-track Your Finance
What You’ll Discover In Your FREE Tailored Home Finance Fast-track Session
Don’t leave your property finance to chance. Book your FREE Tailored Home Finance Fast-track Session today and discover the keys to securing your property of choice! Our professional mortgage brokers will help you explore your critical requirements for securing finance quickly, including strategies to minimise repayments, the loan options that best suit your needs, and your borrowing capacity. You’ll also learn how to see the credit rating the banks are judging you by, and how to fast-track your property finance process.
During the session, you’ll get your most pressing loan questions answered by our experts, ensuring that you have all the information you need to make informed decisions about your finances. And best of all, there’s no risk or obligation to do anything following your session – just pure upside for you from day one! Book your session now and take the first step towards fast-tracking your property purchase.
*These sessions are strictly limited, so reach out now to avoid disappointment
Secure Your FREE Tailored Home Finance Fast-track Session Now
Fast-track Your Finance... That’s Our Promise!
We understand that the banks can be hard to deal with, especially if you haven’t caught up with lenders’ current requirements!
That’s why we promise to help you fast-track your finance… So you can make informed decisions sooner. We guide you through the step-by-step process on your journey to securing your property of choice, stress-free!
You’re invited to learn the facts you need to know now to secure finance! It sure beats leaving it to chance, setting yourself up for failure or wasting your time. It’s the key to fast-tracking property ownership (or re-finance)!
Want to fast-track your finance…?
*QMP Financial employs systems and strategies to accelerate the collection of customer information, assessment of eligibility and presentation of loan options, with the goal of helping clients fast-track their finance applications. This promise is not a guarantee that any given lender will approve a loan for our clients, nor that QMP Financial is responsible for the turn-around time of the lender once the required information is provided to the lender.