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First Home Buyers

Where and how do we start?

BUYING YOUR FIRST HOME!

What an exciting time this is! The idea of ‘maybe’ that blossoms into an online search, which further transforms into attending the odd inspection here or there. So often we find our first home buyers were just ‘looking’ and after an inspection or two, they are ready to get serious but don’t know where to start. We’ve outlined the steps for you:

Preparation

Preparation is often overlooked for first home buyers...

Finding your property

We’ll be ready to take your call and help discuss finance ...

Preparation

Preparation is often overlooked for first home buyers as the excitement of turning the key into something you own gets the better of you! With Fundd we will run you through the entire process to ensure you can focus your energy on sourcing your ideal first home. Things like deposit size, LMI (lender’s mortgage insurance), borrowing capacity & your price range are some of the first steps!

Finding your property

We’ll be ready to take your call and help discuss finance options as soon as you find that property. Sometimes certain lenders want to avoid certain properties like smaller units (under 50sqm), some postcodes (different risk ratings), different zoning or flood areas to name a couple of things. You can be assured we will help with your research to ensure that you are aware of any potential borrowing conditions.

Home loan application

We take care of the process from start to finish and beyond! After filling out our online fact find we will start the research process and find the right first home loan for your needs.

Home loan approval

We’ll discuss our research and your home loan options. We will have multiple first home loan options available to discuss, often each has different benefits & options. Once we agree on the right loan we will look after all the liaising with the lender so you can relax and ensure you’re in safe hands.

Settlement

Your solicitor and the chosen lender will arrange a settlement on your behalf. This is where you finally become first time homeowners! We’ll let you know any other little incidentals and help you with any questions you may have. Pick the keys up and move in!

Post Settlement

Your circumstances are bound to change which is why we will be here to help when they do. Better still we are on the front foot and proactive about our business dealings and we will be in touch every six months as a minimum commitment to you. With interest rates constantly moving, banks merging, new products and new legislative changes; we will be here to assist you along the way.

getting into it with these tools and guides

Choosing from over 2,500 different home loan options means you can find the right loan for your individual needs. Plus, our experts will negotiate on your behalf to get you the best deal possible.

getting approved for a home loan

Whether you’re planning on selling your home soon, refinancing your home loan or are simply curious about how much your home is worth, appraisals and valuations can provide a lot of insight. We’ll explain what the difference is between a property appraisal and a formal valuation, as well how to increase your home’s value.

A property appraisal is essentially an estimate of your home’s value conducted by a real estate agent. Agents will compare your property

I would 100% recommend Brodie from Control Finance. He was great to deal and always went above and beyond to help. His communication was excellent and always ensured I understood what was going on and what my options were. The whole process of getting my mortgage sorted and approved was made super easy by Brodies help. Would 100% recommend him and his team .
Rachael Blomfield Avatar
Rachael Blomfield
4/23/2021
01. We get to know each other

Tell us a bit about yourself, your needs and home loan preferences. We’ll ask about your income, expenses, credit history, employment history and any current loans. You can complete this in your own time. Your application will be securely saved and waiting for you.

02. We find the right loan for your circumstances

Tell us a bit about yourself, your needs and home loan preferences. We’ll ask about your income, expenses, credit history, employment history and any current loans. You can complete this in your own time. Your application will be securely saved and waiting for you.

03. We do the work and settle your loan

Tell us a bit about yourself, your needs and home loan preferences. We’ll ask about your income, expenses, credit history, employment history and any current loans. You can complete this in your own time. Your application will be securely saved and waiting for you.

04. We keep looking after you

Tell us a bit about yourself, your needs and home loan preferences. We’ll ask about your income, expenses, credit history, employment history and any current loans. You can complete this in your own time. Your application will be securely saved and waiting for you.

common home loan questions

How much does it cost to use the Fundd service?

It usually costs you nothing to use fundd to get your loan. This is because we are paid by the lender with who we align you with.

In nearly all refinances, we save you a ton of money and improve your financial situation. You literally make money from us working for you.

How is this possible? The lender’s profit share with us. They opt to do this as we do all the leg work and introduce you to them. This means the lender does not need to pay for home loan writers of their own and the administrative tasks stay with Fundd ongoing too.

In rare circumstances, we need to charge a fee. If this is the case we will tell you upfront why and how much this fee will be. A fee is usually systemic of a complex lending situation.

How much can I borrow?

Head over to our calculator’s page and check them out! We have the best calculators in the business. These, of course, are not a reflection of individual banks borrowing assessments.

We can complete an accurate borrowing assessment after you fill out the client centre and we get to know you better!

How do I get started?

You can start with either questionnaire on the home page, talking to us via our chat widget, email or phone us 🙂

Do I need a conveyancer?

Yes. Whether you’re buying or selling you will need one. Contact us and we will gladly recommend a professional based on your situation.

We do not get paid for our conveyancer recommendations or share any commission payments with any of our legal professionals.

How much is stamp duty?

Head over to our calculators page and use our stamp duty calculator! We have the best calculators in the business.

 

What discounts do first home buyers receive?

You may be eligible for stamp duty rebates, first home buyers grants, or other government schemes. It will depend on what state you are in. It is best to contact us and we will let you know!

What states do you help with loans?

Australia wide. We have offices in QLD & WA and we plan to open offices in other states very soon.

Irrespective of where we are located physically, we can connect with you from our office or home-based office and assist with any of your Australian lending needs!

Do I have to see you in person?

Definitely not. The coronavirus completely changed the way we did business. Although you will see us face to face at some stage, it will usually be done via google meets, zoom or skype!

We can still cater for an in-person meeting. It is best to call, chat first and then we will arrange a time that suits you!

Do I need to submit paperwork to get a loan?

Yes absolutely! Would you give someone a loan without getting to know them?

We will only collect the information we need. The information will be sensitive and personal so we will definitely take great care of it.

We do not want any physical documents sent to us as we will not return them back to you. Please only send us soft copies as part of the fact find through our client centre.

We utilize Cashdeck to securely collect your bank statements and our CRM Mercury will store all your personal information. Head over to our privacy policy and have a read.

Will you send a recommendation?

We’ll crunch all the data and make a recommendation that we believe best serves you.

We will send you a compliance document outlining why we recommended it and how it meets your needs!

At any time if you are unhappy with the recommendation, contact your broker or team@fundd.com.au and we will review it!

We’re here to help

Our experts will help you search, choose and settle your home loan. Chat to one of our Home Loan Specialists at a time that suits you.