Home Buyers feel lost and are clueless about the process that will lead them to buy their dream home. The media talk, economic gibberish and various interest rates thrown at the home buyers does not help in decision making but actually creates more confusion.

We cut through the noise and present what is suitable and right for you. The bank loan is a product, only a means to an end. There is so much more to buying your first home than selecting the bank loan.

Are you having question like?

  • What can I afford

  • I want to go for an auction- what do I do

  • If I like a property, what do I need to do

  • What if the value of the property is not worth the offer I make

  • How do I find out what is the value of the property I wish to buy

  • What is ‘LMI/ Lenders Mortgage Insurance’ and how do I minimise this.

  • What is the maximum loan the banks are willing to give.

  • When do I become eligible for the First home owners grant.

  • What is the stamp duty exemption

  • What bank and product is suitable

  • Am I eligible for the most competitive rate

  • What is the process to obtain finance

  • Should I apply with a few banks or just one

  • Who looks after me on an ongoing basis till I get the keys to my house

  • Will my bank accounts/offset accounts be set up correctly after the loan is approved

  • Does my visa class permit me to buy my first home in Australia

  • What type of insurances do I need to protect my house and myself

  • What happens if my loan is declined

  • Who applies and assists with the first home buyers grant

Provida Financial Services can help you with

Understand your budget, what you can afford

We have access to the bank calculators used by internal credit to assist you. We have access to most of the banks calculators, which allows us to calculate the loan amounts, Lenders Mortgage Insurances and present various options for you.

Assist with budgeting and cash flow planning to enable you to save more

You also have an option to plug into the financial planning arm, allowing you to understand your income and expenses better. Our state of art software talks to your bank statements, and does reporting on your income and expenses. This will enable us to plug any gaps in your plans to save for your dream home. This allows you to keep a watch on your cash flow on an ongoing basis and may enable you to pay off the home loan faster than you think.

Property Profile Reports

We give you 4 property profile reports absolutely free of charge. This report will provide you a detailed analysis on the similar properties, the selling price of the properties in the area that will give you a good understanding of what you wish to buy.

Pricing discounts /competitive rates tailored to your requirements

Every bank has its own pricing team, we take pride in getting further discounts for you.
We not only do this with one bank, we do it with at least 3 top banks for you.

Valuations

We also order upfront valuations for you. This is also free of cost. We may order more than one depending upon your situation. This ensures that there are no surprises down the track and you get a fair idea of what you are investing in.

Comparing various banks , their product offerings, fees and charges

We recommend the banks only after we go through a detailed analysis on their individual offerings. This is presented to you and will allow you to appreciate our recommendations. We are not owned by any financial institution hence can give you independent advice.

Save LMI

We present unique strategies to save you the excessive Lenders mortgage insurance.

Work out the eligibility for the First home owner’s grant and stamp duty exemptions

We also assist you with the applications and willingly speak to the office of state revenue if required.

Land and Construction loans for First home buyers

Purchasing land and building a house for a first home buyer, adds another level of complexity to the process. We guide you through the entire process. Variations, progress draw downs, progress valuations we take care of everything.

Home Loan Articles

Navigating the New First Home Buyer Benefits

Are you new to the world of property investing? We are sure the jargon is leaving you feeling confused? We’ve put together a comprehensive list explaining the most commonly used  terminology to help you with some jargon busting.

Understanding First Home Buyer Benefits

Are you new to the world of property investing? We are sure the jargon is leaving you feeling confused? We’ve put together a comprehensive list explaining the most commonly used  terminology to help you with some jargon busting.

Australian Tax Office cracking down on wrongly claiming deductions

The Australian Tax Office (ATO) warns it is cracking down on rental home owners who wrongly claim tax deductions on properties they are using for their own personal holidays.