Loan help for First Home Buyers

Buying your first home can be a stressful scary task, especially if you have no direct support from someone who has experience.

mortgage is the legal right for a bank or lender to take possession of your home if you fail to meet loan payments.Mortgage and loan are considered by most to be the same thing: yes, they go hand in hand, but are quite different.

Let the team at Rapson Loans & Finance Ltd help you ‘get it right’ for the purchase of your first home and get a better deal with your bank than you can on your own. We can help with questions like:

  • Is it within our budget?
  • What will happen if interest rates change?
  • How much deposit do we need?
  • Can our parents, family members or friends assist us? 
  • How do we arrange the best mortgage deal?
  • How do we make an offer?
  • What do real estate agents do?
  • What pitfalls do we need to look out for?
  • How does the lending process work?
  • What does a Mortgage Adviser do?

These are just some of the many confusing questions that may be buzzing through your mind. Let me help you get a home loan – stress free. Don’t worry - our service is free

For Frequently Asked Questions regarding buying your first home - see the First Home Buyers Guide.

Do you want lending advice and big savings?

We are independent from all lenders and banking institutions. Our advice is free.

We are here to work for you. We can answer your questions, and after careful assessment, advise you on the most appropriate way forward.

Try our Mortgage Calculator to work out loan repayments or find out how much you can borrow for your first home:

Read more on lending tips and frequently asked questions.

The Lending Process - with our help

We can assist you through each stage of the lending process. It is best to involve us before you start looking for your first home.

Our mortgage finance help may include arranging pre-approved finance or simply setting the upper purchase ceiling that matches your unique situation.

Once you know what your maximum purchase price is you can confidently negotiate with people looking to sell their homes in the knowledge that what you are proposing is within your means and matches your situation.

Free Tip: Before falling in love with a property, be certain that your finance is approved and you can afford the payments.

We will negotiate the final mortgage details with the bank, help set up your loan structure and provide ongoing help and advice to manage your mortgage and to make the most of your situation to improve your equity

We help you through the whole process, if necessary referring you to recommended professionals such as valuers, lawyers, home inspectors, insurance brokers and real estate agents. Our job is to make the process as simple as possible and to use our experience for your benefit.

Don't arrange a mortgage on your own

There are many forks in the road towards successfully arranging a mortgage: many banks and other lenders, many mortgage products and different loan structures etc. If you go down this road on your own it is difficult to know whether you have got the best deal possible or even if your loan really suits your situation. Obtaining a mortgage is a long term commitment, so don’t get financially stuck – ask for help from the start!

Every week we are approached to assist mortgage customers who have had unsatisfactory service from their bank or been declined for a mortgage when clearly they should have been approved as borrowers.

We are here to work for you and after our initial conversation we will tell you up front if you are likely to be approved as a borrower and at what level.

We prepare and present your application to make it simple for the bank or lender to say yes. Not all banks have the same lending criteria and we advise you on the reasons we approach various lenders.

It’s what we do and we‘re here to help you too!