First Home Buyer's Guide
Establish what you can buy
What incentives can you get?
What incentives can you get?
Working out what you can afford depends on how much you earn, how much you have saved & the type of property you want to buy. There also needs to be a massive buffer for all the additional costs once you purchase!
What incentives can you get?
What incentives can you get?
What incentives can you get?
Eligible first-home buyers can take advantage of state government grants, discounts and schemes as well as a federal government scheme to help save a deposit.
Before you start shopping
What incentives can you get?
Before you start shopping
Get a loan pre-approved through your Chocolate Money broker, thereby allowing you to go shopping for a house knowing your finances are sorted!
Let's go Shopping!!
Before you start shopping
Finding the right property depends on what you are looking for; an apartment, townhouse or house? Find out how to inspect a property before purchase, essential checks you need to arrange, and how to review a contract.
Understanding the buying process
Buying a property has a few more quirks than buying a jacket; learn how to do buy at auction or private sale. Have your expert advisors lined up to assist you; including inspectors, solicitors and your Chocolate Money broker.
Settling & Moving in
Understanding how settlement works and what needs to happen is as important as moving in! Contact your expert Chocolate First Home Advisor who is skilled in helping you!
First Home Buyers Case Studies
Only 5% deposit
New Job - ok for a loan!
Single & Self Employed
A young couple in their mid 20’s have been living at home with their prospective parents and have been saving hard together over the past year to purchase their first home.
Male applicant was employed on a casual basis in the construction industry.
Female applicant was employed part-time in the beauty industry.
They were able to save $30,0
A young couple in their mid 20’s have been living at home with their prospective parents and have been saving hard together over the past year to purchase their first home.
Male applicant was employed on a casual basis in the construction industry.
Female applicant was employed part-time in the beauty industry.
They were able to save $30,000. The couple’s parents referred them to Chocolate Money as they have used our services before.
The young couple were eligible for the Australian Government’s 5% Deposit Scheme. Based on their savings, they were able to find a home for $600,000
Chocolate Money guided the couple through the entire process, helping them identify a lender participating in the scheme that could meet their lending requirements and offer a fully assessed pre-approval to provide confidence when house shopping. We also negotiated a more competitive interest rate on their behalf and provided support from pre-approval right through to settlement.
Working closely with their conveyancer, we ensured the purchase process was smooth, stress-free, and enjoyable — helping the couple achieve their dream of owning their first home with confidence.
Single & Self Employed
New Job - ok for a loan!
Single & Self Employed
Chocolate Money assisted a young self-employed woman working hard to build her own business and wanted to take her first step towards home ownership. After years of dedication, she had successfully saved $100,000 for a deposit but was unsure how to begin the lending process due to being self-employed.
She was referred to Chocolate Money b
Chocolate Money assisted a young self-employed woman working hard to build her own business and wanted to take her first step towards home ownership. After years of dedication, she had successfully saved $100,000 for a deposit but was unsure how to begin the lending process due to being self-employed.
She was referred to Chocolate Money because of our expertise in helping self-employed borrowers navigate the home loan process. We were able to connect her with a suitable lender who offered a fully assessed pre-approval, giving her confidence and clarity as she began searching for her first home.
New Job - ok for a loan!
New Job - ok for a loan!
New Job - ok for a loan!
A couple who were living with family and preparing to purchase their first home had managed to save $50,000 toward their deposit. The male applicant was employed as a General Manager in the construction industry, while the female applicant worked for a government agency.
After the female applicant recently changed jobs, they were uncertain
A couple who were living with family and preparing to purchase their first home had managed to save $50,000 toward their deposit. The male applicant was employed as a General Manager in the construction industry, while the female applicant worked for a government agency.
After the female applicant recently changed jobs, they were uncertain how lenders would assess their application. Their parents referred them to Chocolate Money for guidance and support.
We worked closely with the couple to identify a lender that offered a competitive interest rate and access to the Australian Government’s 95% deposit scheme. A pre-approval was successfully submitted on their behalf, giving them the confidence and certainty to begin house hunting for their first home.