Buying a home is a huge financial commitment. If you are saving to purchase your very first home, you probably want all possible advice. Here are a few tips to help you prepare wisely and realise property ownership sooner. Save for down payment and other buying costs. The first thing you need to do is work out your finances to make sure that you have enough to cover your down payment and property buying costs such as stamp duty, legal fees and lender’s fees. This prevents unexpected expenses and gives you a realistic picture of how much you can afford before you start house hunting.
Check your eligibility for the First Home Owners Grant (and other incentives). This scheme offers Australians who are building or buying a first home up to $20,000 financial assistance, the amount depending on their state or territory. If you are eligible, you can use the funds towards your down payment, moving expenses or renovation costs on your starter home. Seek the sharpest home loan rates. Search for home loan offers from multiple lenders to ensure you’re looking at the best possible deals. Find out which one best fits your needs by comparing interest rates, lender’s fees and loan terms. Trusted mortgage brokers from Rateseekers can make this process easier at no cost to you.
From finding the best mortgage rates to expert home-buying tips to easy loan approvals, Rateseekers is your one-stop shop for your home loan needs. If you’re ready for the next step in buying your new home, our qualified mortgage specialists are here to make your application faster and simpler.
Whether it’s by the beach or up in the mountains, buying a second home is one of the most exciting property investments you can make. If you’re ready to take the plunge, we recommend getting an expert’s opinion before applying for your second mortgage. Most lenders impose stricter mortgage qualifications for vacation homes and offer slightly higher interest rates. And if you’re planning to rent out your vacation home as a source of additional income, then your home becomes an investment property. Rateseeker has processed successful second mortgage applications throughout the years. We can help you outweigh the costs of owning a second mortgage, and help you secure the loan when you’re ready.
Thinking of buying a second home, but don’t know where to start? Talk to us about your goals. Our mortgage advisers will shop and compare the top mortgage offers so you can pick out the deal that is right for you. Connect with one of our experts today and we’ll get in touch within the next 24 hours.
Own a home that is truly yours. Decorate it the way you want and create your very own space.
As your home increases in value and your loan size decreases, this creates more equity for you.
Create the ability to use your property as an investment to generate more cash flow.
Gives you a goal to save towards and a tonne of money over the long term.
We remove all the guess work and help you get approved faster.
Rateseeker has access to all of Australia’s major banks and over 30 third-party lenders. Everyone has a unique situation and we’re here to help find the right home loan and interest rate to suit you.
I found the Rateseeker website both easy & helpful in finding suitable loans for me. I can say this is probably the easiest website that I have used in terms of navigation, clarity and results. In addition to this, the team behind Rateseeker are willing to assist customers like myself, and they do so in a timely manner – 5/5!
Thank you for all the work you’ve done so far and staying transparent throughout the journey. I want to thank Nick, Jason and the team because it wouldn’t have been possible without your guidance. It’s a relief knowing that we have someone we can trust, who has our best interests in mind and who always delivers.
My situation was complex as our house was refinanced, and we needed to buy land and get approval for a construction loan. Nick and his team went the extra mile for me by supporting me throughout the process with lenders and builders. I recommend Nick to everyone buying their first home or investment property.
We’re experienced in finding the right home loan for you. Connect with one of our mortgage specialist for personalised help.
We appreciate your time enquiring with us. We’ll get in touch within the next 24 hours!
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Any calculations or estimated savings do not constitute an offer of credit or a credit quote and are only an estimate of what you may be able to achieve based on the accuracy of the information provided. It doesn’t take into account any product features or any applicable fees.
*2.19% Interest rate based on an Owners Occupied, Principal and Interest, 3 years fixed period, minimum loan size of $250,000, maximum LVR of 80%, over a 30 year term. Eligibility subject to servicing requirements, contact one of our specialised mortgage brokers for more information.
^3.27% Comparison rate based on a loan of $250,000 over a 30 year term. WARNING: The 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. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.
