First home buyer | Mortgage broker Epping, Eastwood and Ryde
Start your home loan journey today
Buying your first home in the Epping region
Buying your first home is a huge milestone in your life, and can understandably feel overwhelming and intimidating, as well as exciting. That’s why you need a helpful partner on your side to guide you through the process of financing your first home - like Kin will as your Epping mortgage broker. When you work with him, Kin will
- Assess your finances and advise you of your borrowing power
- Determine your eligibility for government assistance
- Help you prepare and submit your application
- Find you the best loan for your circumstances
- Answer all of your questions
Kin will listen carefully to your needs, communicate proactively with you, and make sure you feel confident about your financial decisions moving forward. You can trust that he will leave no stone unturned as he looks for your loan, saving you precious time and energy. So if buying your first home is on your radar, talk to Kin as soon as possible.
What is a guarantor?
When you purchase a home with a deposit worth less than 20% of the property price, you will generally need to pay the additional cost of LMI (Lenders Mortgage Insurance) to secure your loan. With a guarantor, you can avoid this cost, allowing you to get into the property market faster and maximise your budget.
Your guarantor, who is usually a close family member, acts as security on your loan as an alternative to LMI. While this can be a great option for many prospective first-time buyers, it’s also important to be aware of the potential pitfalls, as your guarantor will be responsible for your loan if you cannot make repayments. To learn more about using a guarantor to buy your home, take a look at our free downloadable guide.
More information for first home buyers
Our selection of handy guides are free to download and full of useful tips to help you along the journey of buying your first home. Download yours now to get started
Let Kin Chan take the stress out of buying your first home - call today on 0415 413 828
Kin can also assist you with:
Smoother experience as they have all your information.
Better understanding of your financials to provide tailored advice. 
Faster response compared to being matched with a new broker.
