First Home
Buyer

Helping First Home Buyers in Australia Achieve Their Dreams

Welcome to Ynance, your trusted partner in making your dream of owning your first home in Australia a reality. Our team of experienced mortgage brokers understands the unique challenges faced by first home buyers and is dedicated to guiding you through the entire process with expertise and care.

As a leading mortgage brokerage, we specialise in providing comprehensive support to first home buyers across Australia. With our tailored services and personalised approach, we are committed to simplifying the home buying journey and empowering you to make informed decisions.

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FREE discovery session

We specialise in providing expert assistance to first home buyers in Australia.

Expert Assistance For First Home Buyers

Buying your first home is a big step, and it’s important to have the right help and advice along the way. That’s where we come in.

We understand that buying your first home can be both exciting and overwhelming. Our comprehensive services are designed to simplify the process and empower you to make informed decisions. From the initial consultation to the settlement, your dedicated mortgage broker will be by your side, offering guidance, support, and expertise every step of the way. We have a deep understanding of the local market and the specific needs of first home buyers, allowing us to tailor our services to your unique requirements.

Benefits of working with Ynance as a first home buyer:

We have a deep understanding of the Australian mortgage market.
We have access to a wide range of lenders, so we can find the best deal for you.
We’ll work with you to understand your financial situation and goals.
We’ll be there to answer any questions you have along the way.

What we can help you with:

Find a property that meets your needs and budget.
Get pre-approved for a loan.
Negotiate the best possible price on your home.
Close on your loan and move into your new home.

If you’re a first home buyer, we encourage you to contact us today. We’ll be happy to answer any questions you have and help you get started on the path to home ownership.

Why Choose Ynance for Your First Home Buying Journey

Choosing Ynance as your mortgage broker offers several benefits for first home buyers in Australia. Our expertise and industry knowledge allow us to provide you with a distinct advantage throughout the home buying process.

Benefits of working with a Ynance Mortgage Broker

Access to a wide range of loan options

We have established relationships with multiple lenders, giving you access to a diverse range of loan products suitable for first home buyers.

Expert advice and guidance

We provide you with expert guidance throughout the entire process. Understand the different types of mortgages, interest rates, fees, and other important factors.

Negotiation of competitive rates and terms

We leverage our industry connections and negotiation skills to secure competitive interest rates and favourable loan terms on your behalf.

Save time and money

We understand that your time is valuable. By entrusting us, we handle the paperwork, liaise with lenders, and streamline the entire process, saving you time and reducing stress.

What makes Ynance different?

30+ lenders and 12,000 deals

With access to 30+ lenders and over 12,000 mortgage deals, we are more likely to find or negotiate the best deal for you.

Streamlined Process

After helping many Australians purchase their first home, we have an efficient and streamlined process to save you time and money.

We're local

Working with a mortgage broker that is familiar with the Australian market and lending conditions gives you an additional advantage.

Free Review

We provide a free review where we go through your goals, your current situation and your borrowing power and mroe. Then we strategise the best home loan solution for you.

Simplifying Your First Home Buying Process

Our Process:

Initial Consultation

We begin with an initial consultation to understand your financial goals and assess your borrowing capacity. We’ll answer any questions you have and provide you with a clear understanding of the steps ahead.

Pre-Approval

We’ll assist you in obtaining a pre-approval, which helps determine your budget and strengthens your position when making an offer. We guide you through the application process, ensuring all necessary documentation is in order.

Property Search

With your budget in mind, we’ll provide guidance and support throughout your property search. We understand the local market dynamics and can help you find the right property that aligns with your requirements and financial goals.

Loan Application

Once you’ve found your dream home, we’ll help you prepare and submit the loan application. Our experienced mortgage brokers will ensure accuracy and completeness, maximising your chances of approval.

Loan Approval

We’ll work diligently with the lenders to secure loan approval. Throughout the process, we’ll keep you informed, providing updates and addressing any concerns or queries you may have.

Settlement

Our team will coordinate with relevant parties, such as solicitors and conveyancers, to ensure a seamless settlement and transfer of ownership. We’ll be there to assist you during this crucial stage, ensuring a smooth transition into your new home.

Tailored Loan Solutions for First Home Buyers

As a first home buyer in Australia, you have access to various loan options to help you achieve your dream of homeownership. At Ynance, we’ll guide you through the available loan options, including:

First Home Owner Grant (FHOG):

The First Home Owner Grant is a government initiative that provides financial assistance to eligible first home buyers. We’ll help you understand the eligibility criteria and assist you in applying for the grant.

Low Deposit Loans:

We understand that saving for a large deposit can be challenging. We can explore loan options that require a lower deposit, making homeownership more achievable for first home buyers.

Guarantor Loans:

If you have a family member willing to act as a guarantor, we can help you explore guarantor loan options. This allows you to leverage the equity in your guarantor’s property to secure a home loan with more favourable terms.

Why Ynance

What our clients say about us...

Ynance - Mortgage Broker Sunshine Coast

5.0

Based on 37 reviews

Sam Smith

01:20 02 Nov 23

Can't thank Mitch enough for getting our mortgage finance over the line. Our situation being a business owner made the process a lot harder and Mitch got the job done with limited time on hand. Cheers Mate!

Tiana Day

00:55 02 Nov 23

Personally recommend Mitch. He is very easy to talk to and excellent communication.Highly recommend

Elliot Condon

23:49 08 Oct 23

Highly recommend Mitch at Ynance for mortgage broking. Mitch secured us a great loan product to complete our dream build in Peregian Beach and handled everything for us with the stress free professionalism that goes hand in hand with the Sunshine Coast.

John Morrall

00:30 27 Sep 23

Highly recommend Ynance to help set your financial future up. Mitch was amazing, nothing was too hard, communication was exceptional.

Werner Reiterer

22:43 25 Sep 23

Quick efficient hassle free service. Highly recommended

Monroe Buntain

10:12 21 Sep 23

Mitch made our refinance process so easy. We were so impressed with how informed he kept us along the whole journey and made sure to get the loan that worked best for us. Great service!

Nick

04:22 06 Sep 23

The best of the best! Mitch looks after all of my client's and their lending needs. He is diligent, trustworthy and transparent with second to none communication skills. Couldn't recommend more highly.

Kristen Findlater

22:53 23 Jul 23

Mitch was a great help when we needed to refinance our mortgage. He gave us all our options for purchasing another place as well as just refinancing where we are. Highly recommend!

Ryan Jeffery

09:29 05 Jul 23

If you are looking for educated, efficient, direct, responsive and driven in your mortgage broker, then Mitch is your man. We will have no hesitation is using Mitch into the future with all our personal and business broking needs.We look forward to a strong future with Ynance.

Sonny Mehta

05:18 24 Feb 23

Mitch at Ynance has been absolute delight to deal with he is a professional with a terrific composure never lost his cool and was always optimistic as to what he wanted for his client and with persistence got us there. well done Mitch, we were very happy you were on our side. Thanks again mate wish you all the success in the future you deserve it.

Bernie Murphy

03:13 14 Feb 23

Amazing service!. Mitch was really professional and provided me with a number of options for refinancing my home loan. the rates comparison and information he presented was in a format that was easy to understand. Refinancing my mortgage through Ynance will now save me money and allow me to pay off my home loan quicker. It was such a smooth process! I highly recommend them.

Alexander

01:23 13 Dec 22

I engaged Mitch to look at home loan options on my investment property as my 2-year fixed rate was coming to an end. Mitch explained the process with a high level of clarity and he was able to answer my questions immediately or got back to me very quickly if he didn't have the answer. Mitch took into account my position and priorities when it came to lenders, prioritizing my needs when considering lenders offerings. He managed to secure an excellent rate with one lender, the valuation of my property was assessed dramatically lower than expected, so he immediately secured a very good rate with an alternate lender with a higher valuation. Before we switched Mitch advised me to use the very good rate as leverage with my current lender who dropped their rate below the competitor to retain me as a lender. I'll keep working with Mitch in the near future and I trust him to provide me with the best options and work with my best interests at heart.

Walters Nkemfack

06:35 05 Sep 22

Thank you so much Mitch for all your hard work! You took the bulk load of the entire process and at the same time kept us informed and guided us through all the way to the end. Our sucess is because of your industry knowledge and attention to detail. To top it all off, you were of genuine character who we enjoyed communicating with!

Nicole Campbell

08:48 11 Jul 22

We are so thankful for both Mitch and Dav professionalism in getting us a home loan.Mitch went above and beyond to obtain the loan for us. He was there with us every step of the way and kept us informed constantly throughout the loan process.We will now have all our dreams come true and have a family home out on property. We appreciate both Mitch and Dav hard work in getting us there. Would highly recommend. Thanks again from the Campbells.

Are You Eligible?

Understanding First Home Buyer Requirements:

To qualify as a first home buyer in Australia, you generally need to meet specific criteria. Here are some key eligibility and requirements for first home buyers:

Never having owned a residential property before:

To be eligible, you must not have previously owned a residential property, either in Australia or overseas.

Australian citizenship or permanent residency:

You must be an Australian citizen or hold permanent residency to qualify as a first home buyer.

Using the property as your principal place of residence:

The property you purchase must be intended as your primary place of residence.

Income and purchase price thresholds:

There are income and purchase price thresholds that determine your eligibility for certain government grants and concessions. We’ll help you understand these thresholds and how they may apply to your situation.

Are you making another type of property purchase or transaction?

Investment Property

Do you want to buy an invstment property and want expert guidance?

SMSF Purchase

Do you want to use your super to purchase a property?

Commercial Property

Buying a commercial property?

Refinance Existing Loan

Do you want to refinance to a better rate or structure?

Need help?

Frequently Asked Questions

Can I qualify as a first home buyer if I've previously owned an investment property?

No, to be considered a first home buyer, you must not have previously owned any residential property, whether as an investment or for personal use, in Australia or overseas.

What is the First Home Owner Grant (FHOG), and am I eligible for it?

The First Home Owner Grant (FHOG) is a government initiative that provides financial assistance to eligible first home buyers. Eligibility criteria and grant amounts vary by state or territory. We can help you understand if you qualify for the FHOG and assist you with the application process.

How much deposit do I need to save for my first home?

The deposit amount required for your first home can vary depending on several factors, including the purchase price, your borrowing capacity, and the specific loan requirements. While a larger deposit is generally beneficial, there are loan options available for first home buyers with lower deposit requirements. We can assess your financial situation and provide guidance on the deposit amount suitable for your circumstances.

Do I need to have a perfect credit score to qualify for a home loan as a first home buyer?

While having a good credit score can enhance your chances of loan approval and secure better interest rates, having a perfect credit score is not always necessary. Lenders consider various factors, including your income, employment history, and overall financial position. We can work with you to find suitable loan options based on your unique circumstances.

Can I use my superannuation funds to buy my first home?

Yes, under certain circumstances, you may be able to access your superannuation funds to assist with purchasing your first home. The First Home Super Saver Scheme (FHSSS) allows eligible individuals to save for their first home through voluntary superannuation contributions. We can provide you with information on the FHSSS and its requirements.

Is it better to buy an established property or build my first home?

The decision between buying an established property or building your first home depends on your personal preferences, financial situation, and long-term goals. Each option has its advantages and considerations. We can discuss the pros and cons of both options, considering factors such as location, budget, timeline, and future growth potential, to help you make an informed decision.

Ready to Take the First Step Towards Homeownership?

We offer no obligation advice on your specific circumstances.

Whether you have questions about the first home buying process or need assistance in securing the right loan, we’re here to help. Take the first step towards homeownership by getting in touch with us. Call 0411 235 798 or fill out the form below.

First Home Buyer

Helping First Home Buyers in Australia Achieve Their Dreams

Claim your FREE discovery session

Expert Assistance For First Home Buyers

Why Choose Ynance for Your First Home Buying Journey

Access to a wide range of loan options

Expert advice and guidance

Negotiation of competitive rates and terms

Save time and money

What makes Ynance different?

30+ lenders and 12,000 deals

Streamlined Process

We're local

Free Review

Simplifying Your First Home Buying Process

Our Process:

Initial Consultation

Pre-Approval

Property Search

Loan Application

Loan Approval

Settlement

Tailored Loan Solutions for First Home Buyers

Why Ynance

Why Ynance

What our clients say about us...

Are You Eligible? Understanding First Home Buyer Requirements:

Are you making another type of property purchase or transaction?

Investment Property

SMSF Purchase

Commercial Property

Refinance Existing Loan

Need help?

Frequently Asked Questions

Ready to Take the First Step Towards Homeownership?

We are a member of the Mortgage & Finance Association of Australia (MFAA).

Get in touch

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Ynance Mortgage Broker

We help our clients achieve their property dreams. we’ll take the time to understand your goals and aspirations, with your financial welfare front of mind.

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First Home
Buyer

Claim your
FREE discovery session

Are You Eligible?

Understanding First Home Buyer Requirements:

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Weekly Market News