First Home Buyer Guide

Your Journey to Home Ownership

Buying your first home is an exciting milestone. This guide will help you navigate the process from start to finish.

Step 1: Assess Your Financial Situation

Before you start looking at properties, it's important to understand your financial position. Calculate your savings, assess your income stability, and review your credit score.

Step 2: Save for a Deposit

Most lenders require a deposit of at least 10-20% of the property value. Start saving early and consider government assistance programs for first home buyers.

Step 3: Get Pre-Approval

Obtaining pre-approval gives you a clear idea of your borrowing capacity and shows sellers you're a serious buyer.

Step 4: Find Your Property

Work with real estate agents and attend open houses. Consider location, property condition, and future growth potential.

Step 5: Finalize Your Loan

Once you've found your property, work with your mortgage broker to finalize the loan application and complete the purchase.