Why 9 Out of 10 First-Home Buyers Trust a Mortgage Broker

Remember your first time at the gym? Chances are, you didn’t walk straight to the free weights and start doing deadlifts with perfect form. Well, buying your first home can feel just as intimidating. In fact, 91% of first-home buyers now rely on the guidance of a mortgage broker to help them navigate this major financial milestone.

When it comes to life’s biggest decisions, buying a home is at the top of the list. It’s only natural to feel both excitement and a few nerves when you’re embarking on this journey.

That’s why more than half of first-time buyers seek support throughout the process—often from a mortgage broker. According to a recent survey by Helia, a leading provider of lenders’ mortgage insurance (LMI), nine out of ten first-home buyers make use of a mortgage broker’s services.

How Mortgage Brokers Make a Difference

Finding your dream home is just one part of the equation. Securing the right home loan, one that fits your financial goals and offers a competitive rate, is the other half of the challenge. But with so many loan options and complex terms, it's easy to feel lost.

Helia’s survey revealed that almost half of first-home buyers (45%) find it tough to research which loan suits them best. More than 50% expect roadblocks in getting their loan approved.

This is where the expertise of a mortgage broker shines.

We take the time to understand your financial situation, allowing us to zero in on the home loan options that meet your unique needs. With our experience, we also know what lenders require for approval, meaning we can guide you on whether you’re loan-ready or what steps to take to get there. And we're not just there at the start—we’re with you every step of the way, offering advice, encouragement, and support throughout the entire home-buying process.

More Than Just a Loan – The Full Package

Mortgage brokers offer far more than just loan advice. According to the same Helia report, first-home buyers say that brokers:

– Help you understand your financial standing and borrowing capacity – Provide critical support and expert guidance during your home-buying journey – Save you both time and effort

Additionally, brokers can suggest creative strategies you may not have considered, such as rentvesting, where you buy a property to rent out while continuing to live in your desired location. We can also help explore options like having a family member act as a guarantor or take advantage of the federal government’s First Home Guarantee scheme, which allows you to secure a home with as little as a 5% deposit.

There are many routes to home ownership, and strategies like rentvesting can expand your options, giving you access to areas that might otherwise be out of reach while letting you live where you prefer.

Let’s Secure Your First Home Loan Together

At Osinski Finance, we understand the challenges of buying your first home, and we’re here to make the journey smoother for you.

Our team of experienced brokers will work with you to find the right loan, simplify the process, and give you personalised advice that aligns with your financial goals. Whether it’s exploring loan options, government schemes, or innovative strategies, we’re committed to helping you every step of the way.

Get in touch today and discover how we can help you achieve your home ownership dreams!



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