How can you find the best home loan as a first home buyer?

When it comes to buying your first dream house in Australia then there is lots of question comes in mind for first home buyer’s loan. One of them is how you get the best home loan deal, what formalities you have to complete and the time is taken to process. Before it, you also want to know how much loan you get or you are eligible or not. Also, have an option for pre-approval loan which helps to know how much amount of loan you are eligible and how much you have to pay monthly. Keep searching the properties until you did not get the property according to your requirement. As you are going to buy your dream property the first time then you have to keep some points in your mind.

Simply follow the below steps to compare and therefore choose a home loan product that is tailored to suit your first home loan needs:
1.      Select your property type (house or apartment), property type (new or established) & suburb you are interested in buying in.

2.      Enter your name and email so we can send you a FREE property report straight to your inbox.

3.      Enter your purchase price of the property or use the median for the suburb you have selected and enter the loan amount you are looking for

4.      Select the features you are looking for in your home loan so only those options appear in the results

5.      START COMPARING THE OPTIONS FOR FREE! You can compare repayments, interest rates, and the various loan features and if you like a product, simply click the enquire buttons so a Coach can contact you to discuss and potentially even gain a bigger discount than what is advertised
After these, you have to compare the property loan interest rate with the various bank which gives you the lowest interest rate you have to go with them. In Australia, there is a different rule for buying property in every state so you have to check with that also. Also, there are different rebate schemes offers for first home buyers by the govt. For more information get in touch with FHBA experts available online at www.fhba.com.au or get in touch in a phone call +61 431134972.