Find the answers to ou Frequently Asked Questions.

What are the requirements for the FHOG?2020-10-18T00:56:57+10:00

First Home Owners Grant (FHOG)

The requirements vary depending on the state or territory in which you intend to purchase your home.

To be eligible for the grant you generally need to:

  • Be at least 18 years of age;
  • Be an Australian citizen or permanent resident;
  • Have not previously owned a property.

To find out more information regarding the grant please check http://www.firsthome.gov.au and then get in touch with us.

Will the online pre-assessment effect my credit score?2020-10-18T00:55:23+10:00

It will not. 

Our pre-assessment form is for our team only and it allows us to get a clear picture of your situation. Through this free assessment we can determine how much you can potentially borrow and let you know what options are available.

We would only submit a loan application once you are ready to work with us to get your new dream home.

Can I use my own builder?2020-10-18T00:51:49+10:00


Our model is that we do source many properties for many clients all at once, thus buying in bulk and therefore passing the advantages to our customers. We want to create a repeat business model where you source all your houses, owner occupiers or investments through our services.

For example: we will find desirable locations throughout Australia, approach developers/builders and let them know that we have buyers ready to go. (you, when you are happy to go). We then source all aspects of the project on your behalf. Once you are good to go, we will assist with a finance strategy so that you can eliminate debt fast.

We pride ourselves, and you will confirm that we are dedicated to delivering client satisfaction with every build, as we believe it’s the only real way of gauging the success of our business. That’s why we only build through our trusted partner builders who we are confident will provide an exceptional product.

We take pride in our product and in our process and we remain answerable, ensuring we adhere to our responsibilities. We design and source paramount quality materials to ensure nothing short of excellence is delivered. We are mindful of finding the right balance between quality and affordability, while still achieving modern-day homes that meet the needs of today’s buyers.

You can learn more about our homes clicking here.

What are ‘turnkey’ homes?2020-10-11T20:15:24+10:00

Fully complete homes with everything from internal fittings through to landscaping, a driveway, letterbox and clothesline.  Once the build is complete you can literally start living there straight away, with no further work needed. Hooray!

When do mortgage repayments start?2020-10-11T19:18:50+10:00

The moment the house or the land settles.

Your repayments will gradually increase throughout the construction process until it reaches the total value you borrowed. Different states in Australia have dissimilar time frames for how long it takes to build a house.

We will provide you with a repayment schedule during the time your new home is being built. Before we embark on the project you must always be comfortable with the repayment amount per month.

That is part of your strategy discussions with our team. We’re always here to help.

What is a contract ‘subject to finance’?2020-10-11T19:17:30+10:00

If your home sale contract is ‘subject to finance’, it means that the transaction will be pending or held until your home loan (or ‘finance’) has been approved by the lender.

If the loan isn’t approved, then the prospective buyer can opt out of the sale; generally without legal or financial liability.

All of our new home contracts are subject to finance to protect our clients.

What is Lenders Mortgage Insurance?2020-10-11T19:16:43+10:00

Lenders’ Mortgage Insurance (LMI) is one way to reduce the amount of deposit you need to save to buy a home.

LMI is designed to protect the lender and is generally required when purchasing with a deposit less than 20%.

LMI ensures the lender is covered in the instance the borrower was unable to meet the loan repayments.

That is the lender’s safeguard to protect themselves.

Does small deposit mean a higher interest rate?2020-10-11T19:14:44+10:00

Often yes because banks see that lower deposit may mean higher risks of default. However, it all goes back to a strong application and you can look to refinance later. The key concept here is to never take out a loan if you are not certain that you can commit to the repayments.

Interest rates in Australia have never been so low.

It typically ranges between 2% to 4% and they may vary depending on the lender and your individual case. Our Small Deposit Strategy comes with standard home loans through well-known lenders. 

Our finance team will help you find the best option available for you. 

To find out your borrowing capacity simply complete our free online assessment.

Do I need a good credit rating?2020-10-11T19:12:39+10:00

When you borrow money, in the eyes of the bank, you are unknown if you are at risk of default to them!

That is why they need to know that you can afford to repay and that you have good history with your other credit providers.  It is essential that you have a decent rating without defaults especially when requesting a home loan.

Many people are unsure about their credit history. Or sometimes have old issues still pending…you can contact our team for help.


What are ‘fixed price contracts’?2020-09-23T08:02:38+10:00

To put it simply, as the name suggests a fixed price agreement is where the builder agrees to perform building work for a fixed sum. This gives the Buyer confidence that they will not be unpleasantly surprised by unexpected costs throughout the process.

These contracts take the stress out of buying a house & land package with no hidden costs.

What is stamp duty?2020-09-22T08:09:09+10:00

Stamp duty is the amount of tax you’ll pay on certain transactions. You generally need to pay it on any property purchase. Stamp duty on a property can also be known as “land transfer duty”.

The amount of stamp duty that applies depends on a number of factors, including where you live and whether you’ve bought a home before or not.

Can my family help me purchase my first home?2020-09-22T08:06:16+10:00

Yes, through what we call a “Family Guarantee Home Loan”. It is a way of your family to help you acquire your dream home. Your family members can use the equity in their own home to provide additional security for part of your loan amount.

Being a guarantor simply means signing a legal agreement to cover mortgage repayments if the actual borrower falls behind.

This option helps: home buyers to access the market sooner; the borrower save money by reducing or avoiding the need to pay Lenders Mortgage Insurance and reduce the borrower’s loan to value ratio (LVR).

  • Am I eligible? 
    • Family member who can provide the Family Guarantee include parents, siblings, sons and daughters.
    • It is available to own occupiers purchasing their first home or next home.
    • Individual applicants are restricted to a maximum of one family guarantee borrowing.

More Questions? Contact us…

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