How Can I Ever Save the Deposit To Buy a House?

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As a Sunshine Coast mortgage broker I am hearing a lot from young couples who are struggling to get into their first home. They say things like:

  • “It is so hard to save a deposit for a house these days”
  • “We may never be able to buy our own home”
  • “We may be stuck renting for the rest of our lives”

Advice For First Home Loan Applications

mortgage saving ideas
However, if you have a solid rental history through a licensed real estate agent for 6 months or more, and can get a letter confirming that, you can raise your deposit from the sale of an asset, e.g. motor vehicle, a gift from family or even the First Home Grant where it is payable at settlement.

This means you don’t have to struggle to save the deposit for a house little by little over what feels like forever.
To find out more or to help you get started ring Paul on 0403344127.

We enjoy helping people finance their property dreams. If you have been denied finance, then all hope should not be lost. There are ways to improve your application and perhaps get your mortgage approved. Contact us if you would like help or advice with such a problem if you live on the Sunshine Coast.

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