First Home Buyers

every journey begins with a single step.

Time to make your first home dreams a reality.

first home buyer?

Buying your first home is one of the most thrilling and proud moments in anyone's life! While it can feel a bit daunting and stressful, it's an incredible journey that leads to one of the biggest financial milestones you'll ever achieve. That’s why someone by your side makes all the difference! At paperman, we are determined to give you the support you deserve! From excitement of your initial property search to the moment you settle in, we’re with you every step of the way. We work for you, not the lender, ensuring you find the perfect loan tailored to your needs at the best rate available. As your trusted financing experts, we're here to make this process a breeze, helping you feel confident and empowered as you make your dream home a reality!

steps.

1. Speak to a paperman broker that will help you get a pre-approval

2. Search for your property using realestate.com.au or domain.com.au or use a buyers agent

3. Once you have a contract get your conveyancer or solicitor to make sure its not hiding anything

4. Make an offer

5. Get a formal home loan approval

6. Get building, pest or strata report done

7. Sign the contract of sale

8. Pay the deposit

9. Organise insurance

10. Pay stamp duty

11. Settle and receive the keys

government grants & schemes.

You may be eligible for both federal and state government support. Our brokers will guide you to make sure you are benefiting to the fullest. If you want to take a look at the latest on offer use the below link:

Schemes in your state

deposit amount?

20% of the property purchase price is required as a deposit, however it depends on the type of home loan, strategy and lender you select. Generally, you have to pay Lender’s Mortgage Insurance if your deposit is under 20%.

Howerever there are some exceptions to the rule:

With a Guarantor loan, you may be able to put down a deposit under 20% and avoid paying LMI
Some lenders allow borrowers from ‘desirable’ backgrounds (e.g. medical professionals) to put down a 10% deposit and avoid paying LMI
The federal & state governments schemes allow first home buyers to buy a home with a 5% deposit & avoid paying LMI

Start your home ownership journey today, speak to our brokers for more information.