Home Buyer Loans

Buying a home is one of life’s most exciting milestones. But it’s also one of the biggest financial commitments you’ll ever make, and there’s a lot to consider. That’s where Melbourne Mortgage Advice comes in. With decades of experience, we’ll guide you through the process from your first idea to the moment you get the keys in your hand.

Our role is to make your journey as smooth and stress-free as possible by providing clear advice, personalised solutions, and ongoing support.

Your Home Buying Journey

1. Planning

3. Pre-Approval

1. Planning

Understand your borrowing power and explore your options.

2. Finding

3. Pre-Approval

1. Planning

Once your loan is underway, you can begin house hunting.

3. Pre-Approval

We’ll secure pre-approval so you can buy or bid with confidence.

4. Settlement

6. Mortgage Minimiser Program

3. Pre-Approval

Finalise the paperwork and complete your purchase.

5. Getting the Keys

6. Mortgage Minimiser Program

Congratulations, you’re officially a homeowner!

6. Mortgage Minimiser Program

After settlement, enjoy ongoing support with complimentary access to our Mortgage Minimiser Program.

Learn More

Borrowing Essentials

We’re here to help you understand your finances, borrowing power, and what lenders are really looking for.

Eligibility for a Home Loan

To qualify for a home loan, you’ll need to meet criteria set by the lender. They’ll consider your income, employment, credit history, and deposit savings. Most lenders require you to show that you can comfortably make regular repayments. Want to know where you stand? Book a complimentary consultation and we’ll walk you through your options.

Credit Report

Lenders will run a credit check to assess your financial history, including any previous loan applications and repayments. Checking your own report first can help identify issues before applying. If there’s something on your file you’re unsure about, we’ll guide you through it.

What Deposit Will I Need?

Most lenders require a deposit of at least 10%, but a bigger deposit reduces how much you need to borrow and lowers your repayments. Some buyers may also qualify for government schemes or grants to help boost their deposit. We’ll work with you to determine what’s right for your personal and financial situation.

Why Work With Us?

Decades of mortgage broking experience in Melbourne
Access to a wide range of lenders and loan options
Transparent, personalised advice with no hidden costs
Support that continues long after settlement with our Mortgage Minimiser Program

Buying a home should be exciting, not overwhelming. With Melbourne Mortgage Advice, you’ll have the right advice, the right loan, and the confidence to take the next step.

Understanding The Costs Involved

Buying a property comes with more than just the purchase price. It’s important to budget for the additional expenses that often catch buyers by surprise.

Here are some of the key costs to keep in mind:

Legal Representation

Engage a trusted conveyancer or solicitor to ensure contracts are fair, transparent, and legally sound. Fees vary, so it’s worth comparing quotes, and we’re happy to recommend professionals we trust.

Loan Application Fee

Also known as an “establishment” or “set-up” fee, this one-off charge covers loan documentation, legal work, and valuation costs. Not all lenders charge this fee, and we’ll guide you towards options that suit your circumstances.

Moving Costs

From removalists to utility connection and disconnection fees, moving expenses can add up quickly. Compare at least three quotes and check whether insurance and packing services are included.

Building and Pest Inspections

Professional inspections can save you thousands by uncovering hidden structural issues or pest problems. A detailed report not only protects you but can also be a strong bargaining tool in negotiations.

Stamp Duty

Stamp duty is a state government tax on property purchases and varies depending on where you buy. You can check your state government’s website or speak with us for guidance on what to expect.

Home Buyer Loans

Your Home Buying Journey

1. Planning

3. Pre-Approval

1. Planning

2. Finding

3. Pre-Approval

1. Planning

3. Pre-Approval

3. Pre-Approval

3. Pre-Approval

4. Settlement

6. Mortgage Minimiser Program

3. Pre-Approval

5. Getting the Keys

6. Mortgage Minimiser Program

6. Mortgage Minimiser Program

6. Mortgage Minimiser Program

6. Mortgage Minimiser Program

6. Mortgage Minimiser Program

Borrowing Essentials

Understanding The Costs Involved

Home Buyer Essentials Guide

Take the Stress Out of Your Mortgage Journey

Home Buyer Loans

Your Home Buying Journey

1. Planning

3. Pre-Approval

1. Planning

2. Finding

3. Pre-Approval

1. Planning

3. Pre-Approval

3. Pre-Approval

3. Pre-Approval

4. Settlement

6. Mortgage Minimiser Program

3. Pre-Approval

5. Getting the Keys

6. Mortgage Minimiser Program

6. Mortgage Minimiser Program

6. Mortgage Minimiser Program

6. Mortgage Minimiser Program

6. Mortgage Minimiser Program

Borrowing Essentials

Understanding The Costs Involved

Home Buyer Essentials Guide

Take the Stress Out of Your Mortgage Journey

This website uses cookies.