First Home Buyers Finance Wollongong
First Home Buyers Finance Wollongong
At Loanseek Mortgage Brokers Wollongong, we specialise in First Home Buyers Finance Wollongong, dedicated to guiding first‑time homebuyers in Wollongong and the Illawarra through each step of securing their first home loan.
How We Help First Home Buyers
Navigating your first property purchase can feel overwhelming — but it doesn’t have to be. Here’s how we make the process straightforward for first home buyers in Wollongong and Illawarra:
1. Financial Health Check & Borrowing Power
We assess your income, expenses, and credit to calculate your borrowing capacity and help set a realistic budget.
2. Compare Loans from 30+ Lenders
We compare options from a panel of trusted lenders including ANZ, CBA, UBank, Pepper, and more — so you get a competitive loan tailored to your needs.
3. Pre-Approval Guidance
We help you secure pre-approval quickly, so you can house-hunt with confidence.
4. Access to Government Grants
From the First Home Owner Grant (FHOG) to the Home Guarantee Scheme, we’ll identify what incentives you qualify for — and handle the paperwork.
5. End-to-End Application Support
We manage the loan application, coordinate with the bank, and guide you through to settlement.
Get In Touch
Trusted By First Home Buyers Across Wollongong & Illawarra
With deep local knowledge of the Wollongong, Shellharbour, Albion Park, and Figtree property markets, we understand the challenges and opportunities first-home buyers face in the Illawarra. We take pride in offering personalised, no-pressure advice that empowers you to buy with confidence.
Why Choose Loanseek For Your First Home Loan?
Stephen from Loanseek Mortgage Brokers brings years of experience and a deep commitment to personalised service. With a strong background in financial services and a genuine passion for helping people achieve their property goals, Stephen has guided countless first-home buyers through the loan process with clarity and care. His approach is all about simplifying complex decisions and providing honest, straightforward advice you can trust.
✔️ Local Wollongong Mortgage Experts
✔️ Access to 30+ Banks & Lenders
✔️ Government Grant Assistance
✔️ First-Time Buyer Specialists
✔️ Simple, Transparent Process
Start Your Journey with Wollongongs Mortgage Experts
Ready to explore your First Home Buyers Finance options in Wollongong or the Illawarra? Our team is here to help you every step of the way — from pre-approval to settlement.
Frequently Asked Questions
How much deposit do I need as a first home buyer?
Most lenders require a 5–10% deposit. However, some government schemes allow you to purchase with as little as 2–5% if eligible.
What’s the difference between pre-approval and full approval?
Pre-approval is a lender’s initial assessment based on your financials — it gives you a budget. Full approval is granted once a property is found and all documents are verified.
Can I get a loan with no savings?
Yes. With a guarantor loan or access to grants like the First Home Guarantee Scheme, it’s possible to buy without a large deposit. We’ll help you explore your options.
Are there hidden costs I should be aware of?
Yes. In addition to your deposit, you should budget for stamp duty (if applicable), conveyancing fees, inspections, insurance, and moving costs.
How do I apply for government grants?
We’ll handle this as part of your loan application. You don’t need to navigate the paperwork alone.
What Documents Will You Need?
Getting your documents ready early can fast-track the process. Here’s what you’ll typically need for a first home loan:
✅ 100 Points of ID (e.g. passport, driver’s licence, Medicare card)
✅ Proof of Income (2 recent payslips, or tax returns if self-employed)
✅ Bank Statements showing savings and regular expenses
✅ Evidence of Deposit (usually 5–10% of purchase price)
✅ Credit Card or Loan Statements (if applicable)
✅ Gift Letter or Statutory Declaration (if receiving financial help)
✅ Contract of Sale (if a property has already been found)
We’ll provide a customised checklist once we’ve reviewed your situation.
What our clients have to say...
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