FIRST HOME BUYERS
Turn your first move into a clear plan.
Understand your deposit, likely buying costs, document needs and the role of conditional pre-approval before you commit to a property.
YOUR QUESTIONS, ANSWERED EARLY
The questions worth asking first.
Do I need a 20% deposit?
A larger deposit may reduce some costs and widen the options, but smaller-deposit pathways may exist. The result depends on current program rules, lender criteria and your full financial position.
Does pre-approval guarantee the loan?
No. Pre-approval is generally conditional. The property, valuation, updated documents and final lender checks can still change the outcome.
When should I speak with a broker?
Starting before you make offers gives you time to understand costs, organise documents and identify issues that may affect the application.
Will I need lender’s mortgage insurance?
It can apply when the loan is above a lender’s threshold relative to the property value. The cost and eligibility depend on the lender, deposit, property and any current eligible support pathway.
What should I do before an auction or signing a contract?
Clarify your borrowing position, available funds, contract conditions and the limits of any pre-approval. Obtain independent legal advice about the contract and auction risks before committing.
YOUR DECISION, CLEARLY FRAMED
What matters before the application.
Buying your first home brings several decisions together at once. The useful starting point is a realistic view of your income, expenses, savings, existing debts and the cash you may need beyond the deposit.
WORKING WITH JIMMY
What the first conversation is like.
Can I talk before I am ready to apply?
Yes. You can start with questions, an early borrowing conversation or incomplete documents. The first step is to understand where you are now and what would make the next decision clearer.
Will my details be sent to a lender straight away?
No application is lodged without your agreement. Jimmy first reviews the situation, identifies missing information and explains the proposed pathway before you decide whether to proceed.
Will I deal directly with Jimmy?
Yes. You speak directly with Jimmy about the lending strategy, application questions and progress rather than being passed between a sales team and a call centre.
What will the service cost?
Any fee payable by you and any lender-paid commission arrangements will be explained before you proceed. Fees can differ for residential, commercial, business, development and specialist work, so the applicable terms need to be confirmed for your matter.
How long will it take?
Timing depends on the lender, valuation, document quality and complexity of the transaction. Once the pathway is clearer, Jimmy can explain the current requirements, likely sequence and any deadline risk that needs attention.
HOW JIMMY CAN HELP
A practical path from question to next step.
Turn your financial position into a practical conversation about an appropriate price range.
Explain loan features, repayment structures and trade-offs in plain language.
Review which current first-home support pathways may be worth checking for your circumstances.
Prepare the application and keep the steps moving through valuation, approval and settlement.
WHAT TO PREPARE
A useful first conversation starts with a few facts.
- Recent payslips or other income evidence
- Savings history and available deposit
- Living expenses, loans and credit limits
- An estimate of buying costs and your preferred timing
Please do not send identity or financial documents through the website enquiry form.
WHAT HAPPENS NEXT
One clear step at a time.
Understand the numbers
Review the full household position and identify the facts that need clarification.
Compare suitable pathways
Look at lending structures and relevant lender criteria without treating one rate as the whole decision.
Prepare before you offer
Know what is conditional, what documents may expire and what still depends on the chosen property.
CLEAR EXPECTATIONS
Useful guidance without overpromising the outcome.
Government programs, lender policies and eligibility rules change. Any available pathway must be checked against the current rules and your verified circumstances.
START WITH YOUR POSITION
Bring the facts.
Leave with a clearer next step.
Or call Jimmy on 0411 337 262