First Home Buyers

First Home Buyers Information

Presently many first home buyers are eligible for large reductions in the stamp duty normally payable when purchasing property in NSW as well as the opportunity of applying for the $7000 First Home Owner Grant from the Government. These two factors alone could assist you in getting a first home buyer loan with little or no deposit! Contact Ability Finance now to find out more.

Many guides are available on the internet for first home buyers. Some have forecasted 2006 and 2007 as being the years of the first home buyer with many new products now entering the market aimed at assisting first home buyers purchase their first home. Ability Finance have some included information on what is involved in purchasing a residential property. Visit our residential property buying guide here.

Information on First Home Owners Grant eligibility is available on this page.

The no deposit home loan is becoming increasingly more available and the eligibility criteria makes these finance products even more accessible than ever for certain applicants. Ability Finance can assess your eligibility and show you the products that my get you into your home sooner than you thought possible.

Other options available such as Limited Guarantor home loan products are available and are designed for family members or even friends to help purchasers with a limited guarantee that helps to purchase a home and reduces the risk or exposure that a guarantor is required to contribute compared to a normal full guarantor style loan.

Most lenders have calculators on their websites that will provide a general guide as to what the repayments will be on different loan amounts and terms. An Ability Finance consultant is able to assist you on a individual basis by assessing your specific situation. Contact us now for a no cost personal consultation.

Ability Finance will be able to discuss your requirements and compare the options available to you. As a specialist, professional mortgage broker we will prepare and submit any loan application on your behalf and keep you informed as to the progress of your application at every step of the way, all at no extra cost to you.