Mortgage advisers can assist first-time borrowers

A mortgage adviser may be able to help first-time borrowers get the information they need before they begin to approach lenders.

Candice Loh told the Sydney Morning Herald that she felt “bewildered” by the process of applying for a home loan until she sought help from a mortgage adviser.

She said: “It was the best thing I could have done.”

The mortgage adviser helped her collect the right business and personal documents – including profit-and-loss statements, balance sheets and tax returns – so she now feels ready to make her loan application.

One change Candice made under the advice of her mortgage adviser was to make regular deposits into a high-interest savings account, which has helped her to establish a savings history. She has been saving for six months and plans to save for an additional half-year before she applies for her first home loan.

Prospective buyers thinking about making their first property purchase may wish to enlist a trusted mortgage broker to help them through every step of the lending process.

Objective advisers can help you address your current situation and identify which type of loan – and which loan provider – will work best for your specific needs.


Keeping It Simple No Obligation no inquiries on your credit file
Provide some contact information and brief background and our broker will be in touch usually within the hour