What do I need to buy my first home?
When looking to buy your first home, you’ll need the following:
- A deposit. Usually 20% of your loan amount, or 10% which will require you to pay Lenders’ Mortgage Insurance (LMI).
- Funds to pay for government and third-party fees
- Your bank statements
- PAYG summaries
- Income statements
- Details of any other debt or financial responsibilities you currently have
Our self-serve home loan application can be completed independently and at your own pace, so if you’ve checked your eligibility, prepared the documentation you need and you’re ready to get started, simply start your application here.
Found in:
- Applying