Give your loan application the best shot
Ready to turn your property dreams into reality? Here’s how.
4 March 2020
Saving for your first home can seem like hard work, but with the right help – it doesn’t need to be. Here are some tips to help you get a hold of your deposit sooner.
- Plan ahead
First things first – speak to a professional. A Liberty Adviser can help you work out exactly how much you can borrow and how much you need to save.
- Make a budget
Once you’ve set a savings goal, start your budget Review your bank statements to see what you can cut down and cut out.
Remember – lenders will look at your statements when assessing your loan application, so try to keep unnecessary spending to a minimum.
- Reduce other debts
If you’re already juggling existing loans, consolidating your debts could help.
One loan means one easy-to-manage repayment and could leave you paying less interest – so it’s worth asking an expert if this is the right move for you.
- Helping hand
Whether it’s a First Home Loan Deposit Scheme, government grant or stamp duty concession, there are lots of options to help you save.
- Ask for help
To find out how you can fast-track your home-ownership goal, contact a Liberty Adviser today.