As a first-time buyer, nothing beats the feeling of finding the perfect home. When the time comes to start looking at mortgages, it can feel a little daunting at first, but it’s all part of the journey.
As you experience the purchasing process for the first time, you’ll want someone to lean on, ready to guide you through things and explain how it all works. That’s where we come in.
We’ll help you understand the available mortgage options, and discuss which is best suited to you and your needs. We’ll also be sure to go through all the additional costs associated with home ownership, so that you feel fully prepared to take it on.
Typically, banks will ask for at least 5-10% of the value of the property. However, it’s always good to aim for at least 15% to improve your chances of obtaining a mortgage offer.
This will depend on your income. As part of our strategy call, we can go through your borrowing limits in detail and help you understand what you can afford.
Momentum Mortgages is proud to be a part of Embrace Financial Services .