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by Nanny on October 7th, 2009

Nanny

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What all is required for a loan for a first time home buyer? (age 21) How do you get the loan? What kind of credit score is required?

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  • by itsjustmehere on December 19th, 2010

    itsjustmehere

    Realistically for first-time buyers, you probably will not get everything on your wish list, but it will keep you on track for what you are looking for. Real estate agents are like any other salesperson: some of them are going to innately understand your needs, and some of them aren't. You want to find an agent you are comfortable with and who you click with, who is experienced and knowledgeable about the type of property you want to purchase, and who is going to fight for you and put your best foot forward in the negotiations.

    If you're in Australia, check if you qualify for the First Home Owner Grant. You are eligible if you are an Australian citizen or a resident; and if you are buying an already existing home or building your own first home in Australia.

    Source:
    http://besthomeloans.blog.com/2010/12/14/significant-pieces-of-information-to-know-about-the-mortgage-in-australia/

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