At One Touch Finance Solutions, we make buying your first home easy. Now that you have decided to buy your first home, you will need a loan that fits your needs.

Buying your first home can be challenging. Our mortgage experts provide you with the right advice & support. From identifying your borrowing capacity to choosing the right loan. Most importantly we will ensure you take advantage of all available grants applicable to your situation. When you speak to our lending experts, they will:

– Discuss your circumstances and help you determine the best loan package.
– Help you understand and determine your borrowing capacity and deposit requirements.
– Compare over 49 lenders and hundreds of loan options to select the right product for you.
– Help you prepare the paperwork in order to facilitate the process and save you time.

Determining the exact deposit needed can be difficult. You need to consider a few important factors when deciding your potential deposit amount. The very first factor to consider is the amount you can afford in repayments. Keeping in mind that future interest rate changes may impact them.

The next thing to consider is LVR (loan to value ratio). This has a big impact on the amount you can borrow and as a direct result, your deposit. Different lenders and situations may need different deposit amounts. As a minimum, 5% deposit is required for some lenders. Please speak to our mortgage experts in detail about your particular situation.
Additionally, you need to consider any associated or hidden costs that may come up during your purchase. Costs like mortgage insurance, stamp duty and conveyancing fees should not be ignored as they can quickly add up.

Our mortgage experts will help you effectively plan in accordance with your particular needs and goals.