First Home Buyers

Titanium Financial is here to assist and support first-time buyers in achieving their dream of owning a home. We understand that the process of becoming a homeowner can feel overwhelming, which is why we are committed to guiding you through every step.

As a first-time buyer, it is unlikely that you will be able to purchase a property with cash alone. This is where a home loan becomes essential. Typically, lenders require a deposit of 20% of the purchase price, which can be a significant amount in today’s market. However, other options and incentives may be available. At Titanium Financial, we’ll guide potential first time home buyers through their options.

Fortunately, there are various government assistance schemes available at the state, territory, and federal levels to support first home buyers. These schemes can provide financial incentives, grants, and assistance with deposit requirements. For example, the federal government offers schemes such as the New Home Guarantee, which eliminates the need for LMI for first home buyers who are building or purchasing a newly-constructed property. Additionally, the First Home Super Saver Scheme allows eligible first home buyers to withdraw voluntary super contributions to use towards a home deposit.

Once you receive approval from a lender for your home loan, it is important to keep in mind that this is a significant and life-changing commitment. In addition to your loan repayments, there will be ongoing expenses to consider, including council rates, utility costs, building and contents insurance, strata fees (if applicable), and potential home improvements.

At Titanium Financial, we’re dedicated to providing you with all the necessary information and support to make informed decisions throughout the home ownership process. Our experienced team will ensure that you are aware of the available government assistance schemes and help you navigate the complexities of obtaining a home loan. We are here to answer your questions, address your concerns, and provide guidance every step of the way.

Let Titanium Financial be your trusted partner in making your dream of homeownership a reality. Contact us today to get started on your journey towards owning your first home.