James Power

First Home Buyers | Mortgage Broker Hornsby Shire, Wahroonga, Turramurra, St Ives, Pymble

There's something so special about buying your first home and taking your very first step into the property market. But looking for your first home loan? Not as fun! We specialise in helping first home buyers find a home loan that fits them while taking the guesswork out of the process.

We make the process easy

We understand how stressful a property purchase can be. Our goal is to make the process as painless as possible, saving you time so you can spend it where it matters most.

We take the time to get to know you, your goals and aspirations for your first home. This will save you time in the long run by ensuring your chosen lender has all the information they need to make a quick decision.
We work on getting a pre-approval with a lender that best fits with your circumstances, so you can put an offer on a property confidently. Having a pre-approval in place is especially critical if you wish to purchase at an auction or are looking to forego your cooling off rights.
It is not always easy to find suitable property. As your property needs and personal circumstances change during the property search, your pre-approval may become unfit for purpose. We are there for you in case you need to change lenders or change your options. You are not committed to the one lender that may no longer meet your circumstances.
We do all the application legwork for you, including gathering documentation, putting together the application and presenting it in a clear, concise way for the lender to review. This includes all paperwork involved with applying for the ‘First Home Government Guarantee’ scheme, which must be made to a ‘Participating lender’. We have many of the ‘Participating lenders’ on our panel and are authorised to handle this on your behalf.

Our Home Loan Calculators

We make the complex sound simple

Our Mortgage Broker Wahroonga team are passionate about ensuring that our clients know where they stand at each stage of the home loan process. That means we communicate with you in plain English so you know what to expect next.

We talk you through available Government Incentives

Many first home buyers we see are unaware they are in a position to buy now and are pleasantly surprised once they learn they can get off the rental treadmill now. There are many Government incentives and schemes available that are designed to get you into your first home faster. Some provide cash rebates, save you money on stamp duty or can even get you into your home with as little as a 5% deposit with no Lenders Mortgage Insurance (LMI). For those who don’t qualify, certain occupation types may still be able to avoid Lenders Mortgage Insurance (LMI). Our team will chat you through the eligibility requirements to consider and help you apply.

"There is nothing more rewarding than helping my clients successfully fund their dream property purchase, especially those who are first home buyers or young families upgrading."

We provide expert advice and reassurance

Reassurance – Rest assured, purchasing your first property is an exciting but nerve-wracking journey. We have been there before and have helped many first home buyers like you navigate the knowns, the unknowns and the roadblocks. We will be there, holding your hand every step of the way. You are in safe hands.
Education –James will assist you to understand the auction process, different property types and how they can affect your loan, traps to watch out for when property shopping, and how different lender policies can affect the properties you want to buy and your budget. We also ensure you understand the different types of pre-approvals and what is best for you
Communication – There is nothing more frustrating than being kept in the dark. We ensure you know where you stand at each stage of the home loan process, and communicate with you promptly, in plain English, so you know what to expect next.
Availability – Purchasing property can be time critical, as such you can contact James 7 days a week, at your convenience, whether it be to request property reports, or to chat about your options when you are inspecting your properties over the weekend
Knowledge – You are unlikely to find a more qualified Mortgage Broker. Apart from being a MFAA Accredited Finance Broker, James is also a Certified Financial Planner®, Chartered Accountant and SMSF Specialist Advisor™. If your situation is complex, James has it covered
Options – As we work with over 35 lenders, we can provide many options which you can’t get working directly with the banks. We compare loans and recommend what is best for you, based on your unique personal circumstances, considering factors such as servicing v rates v qualification for Government incentives v features v structure v policy
Financial strategy – Whether you wish to maximise your borrowing capacity or minimise your interest costs, we can provide advice to help you decide to your pay off v retain HECS, retain, reduce or remove credit cards, retain, reduce or remove personal loans, and maximising the impact of the Federal Government’s First Home Guarantee (FHBG)
Post settlement – Our service does not cease once your loan settles. You have access to James at any time during the life of your loan for any assistance you may require

We can help determine if you need help from a Guarantor

Depending on your situation, you may require the help of a guarantor. There are two types:

Security guarantor – A security guarantor may be useful if your income is high enough to qualify for your desired loan amount, but too high to qualify for any of the Government’s First home buyer means tested schemes. The security used is typically property, but can be a term deposit with some lenders (meaning a property does not need to be put up as security, nor gifting required)
Servicing guarantor – A servicing guarantor may be required where you have built up a sufficient deposit, but do not earn enough income to qualify for an amount you require

Start your home loan journey today

Our Home Loan service is free

Your chosen lender pays us a commission when your loan settles, which allows us to offer our home loan advice at no cost to you.

Get off the rental treadmill today!

Our commitment: we will be there for you at every stage of your first property journey. While we are based in Sydney's Upper North Shore, we service all areas across Sydney and beyond. We can meet with you in person (Hornsby Shire, Wahroonga, Turramurra, St Ives, Pymble) or via phone / video.