First Home Buyers

Get your First Home Loan plus understand any First Home Buyer Grants & Incentives

At Sum Finance, we understand that buying your first home is a significant milestone. As a Finance & Mortgage Broking business serving both everyday Australians and high net worth individuals, we aim to make this journey as seamless as possible. Our expertise offers you access to Home Loan options from banks and lenders across Australia, ensuring you find the most suitable option for your financial situation. Whether you're stepping onto the property ladder or adding to your investment portfolio, our team is here to support you every step of the way.

Buying your first home involves several considerations, and securing a home loan is paramount. We help you access a variety of lenders nationwide, giving you the freedom to choose a loan that fits your needs. Understanding interest rates is crucial, as they can significantly impact your repayments. We provide information on fixed interest rates and variable interest rates, enabling you to make an informed decision. Additionally, we assist in checking eligibility to access lenders mortgage insurance (LMI) waivers and first home owner grants (FHOG), which can ease the financial burden.

Before applying for a home loan, it's important to assess your borrowing capacity. We guide you through evaluating your financial situation, considering factors such as credit history and loan amount. A good credit history can lead to interest rate discounts, making home ownership more affordable. We also assist in understanding the loan to value ratio (LVR), which plays a key role in determining your eligibility for certain loans and interest rates.

The application process can be intricate, but our streamlined approach simplifies it for you. From gathering necessary bank statements to ensuring all documentation is in order, we aim to make applying for a home loan as straightforward as possible. We also offer guidance on getting pre-approved, which can put you in a strong position when buying your first home. An offset account might be beneficial as well, potentially reducing the interest paid over the life of the loan.

For those considering property as an investment, Sum Finance provides tailored services to help with your first investment property. We offer advice on investment loan options and assist with the investment loan application process. Understanding the property market is vital, and our team provides insights that help you make informed decisions. Whether you're exploring options for an investment loan or the best way to structure your finances, we're here to help you achieve your property goals.

Buying your first home doesn't have to be overwhelming. At Sum Finance, we are committed to guiding you through each step of the journey. With access to banks and lenders nationwide, we ensure you have a wide range of options at your disposal. Our expertise in interest rates, LMI waivers, and FHOG can provide significant benefits. Let us help you get pre-approved and make buying your first home a reality. Reach out today to discuss how we can assist you in accessing Home Loan options and making informed decisions for your future.

Find out how much you can borrow

In 60 seconds, understand how much you can borrow to buy your dream home.

Get your Borrowing Capacity

Buying your First Home with a Home Loan

Initial Consult

Have a chat with one of our qualified Mortgage Brokers who will understand your situation and talk you through the next steps including what to expect as a First Home Buyer.

Fact Find

We'll work with you to understand a bit more about your situation (including your financials, assets etc.) to make sure you will qualify for your First Home Loan.

Pre Approval

Once you're approved, you can start bidding or making offers on properties you want to purchase.

Settlement

You settle on the property, your Home Loan draws-down and you're good to go!

Book Appointment

Our Latest Reviews

Faith Wignall

Richard was very helpful with promptly gathering the options to suit our budget at every step of the purchasing process. From initial discussions, to pre-approval, to purchasing, we were presented with the most competitive lending options that suited our evolving financial needs. This allowed us to feel confident knowing our finances were in order, to focus on the property search. Once we found the property that met our family's needs, we were able to move quickly to purchase. We managed to secure it at a lower price, so due to the lower borrowing requirement, Richard presented an even better loan option more favourable to our situation. Richard offered measured guidance, he listened to our needs and was prompt and efficient, while remaining calm and approachable, which put us at ease through the whole potentially daunting, process. We are grateful for Richards expertise, guidance and swift action to get us set up on our home owning journey.

Sam Horwitz

Richard was professional, efficient, and effective throughout the entire process. From our first conversation, I immediately felt confident in his expertise and trusted his advice. He guided me through every step of purchasing my first property, making even the most complex loan terms easy to understand. I truly couldn't recommend Richard's services more highly.

Charmayne

Richard was fantastic to deal with. He was readily available to answer my questions as they arose and turned around my approval in a matter of days. I would highly recommend Mantis Finance!

Maria K

Richard was very helpful throughout the process. I feel he took so much of the pain out of refinancing, finding and securing a good deal, as well as making the transition feel seamless. Thank you!

Jena Hastie

Great attention to detail in making sure we got the most suitable mortgage for our situation. Richard was extremely efficient and friendly!

Krowie

Financial services guidance generally by experience, is a HIT and MISS scenario ! In Richard we found an absolute HIT. Approachable and patient, learned and wise. A definite 5 star review. Great work Richard.

We work with Australia's biggest lenders

Frequently Asked Questions

Can you help with refinancing an existing Mortgage?

Of course! We believe that we can find the best interest rate for you to refinance to, whether it's a Home Loan or Investment Loan.

What kind of interest rates can you offer?

We take look at a wide range of products available from Banks, Credit Unions & other lenders across the country. This means we can search thousands of products and make sure we're always recommending the best Home Loans for our clients.

Can you help First Home Buyers?

We love helping First Home Buyers! We're experts at the entire process and can help you get the right Home Loan. We're also across the various schemes to help First Home Buyers such as the First Home Owners Grant and the various stamp duty exemptions available.

Are your mortgage brokers licensed and accredited?

All of our Mortgage Brokers are accredited and members of the Mortgage and Finance Association of Australia. They are extremely professional and provide exceptional service across a range of lending options.

Can you only help with Home Loans?

We can help with Home and Investment Loans, Construction Loans, Car Loans, Personal Loans and much more. If you're looking to borrow to buy something, we can probably help.

Why should I use a Mortgage Broker?

Mortgage Brokers are there to help you find the right loan whether it be from the major banks, smaller lenders or other sources. We have a broad range of products (more than any single lender can offer) which means we can do all the legwork to find the right loan for you.

Request a Callback

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Email Address

Level 9, 151 Macquarie Street Sydney 2000

0425260540

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COHEN FINANCE SERVICES PTY LTD ABN: 88 668 072 857. Credit Representative #564385 is authorised under Australian Credit License #389328

Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.