First Home Buyers in Melbourne Secure Loan Remotely
Purchasing a new home is a daunting process for many first home buyers. But with several Government stimulus packages on offer, and plenty of new and existing homes on the market, many first home buyers are taking the plunge and investing in their future. Last year, our Home Loan Specialist team helped many novice buyers navigate the complexities of applying for a home loan.
This takes a little more time, and often involves several meetings to review their financial history and obtain all necessary documentation. Distance and the pandemic add another level of complexity.
Regardless of the obstacles, our clients Lachlan and Ellen were determined to buy their first home in Melbourne. Reaching out through mutual friends, they contacted our Home Loan Specialist Julie Rashleigh for help.
Over several months, the couple worked with Julie to obtain pre-approval and then finally secure finances for their first home. Although our clients were Melbourne based, our team in Brisbane were able to guide them through the home loan process using video conferencing.
After much consultation and review of options, Julie was able to find the best home loan product for our clients which included a mix of fixed and variable interest rates through a major lender.
As part of the due diligence process, we also needed to review all documentation and take digital records such as photos to show proof of identification. Documents were signed and exchanged remotely as well due to distance and COVID restrictions.
Overall, the process went very smoothly. The couple found an existing modern apartment in a great location in Melbourne. Julie helped them take advantage of First Home Buyer concessions too.
We’re happy to report the loan was approved and the property settled without any issues, last year. Please join us in congratulating Lachlan and Ellen and wishing them all the best in their new home.
If you are considering buying your first home, anywhere in Australia, our experienced team will make the process super easy. Please contact us today to set up your appointment.
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