No Deposit Homes Mackay - Booklet by itsabec

There's never been a better time to buy your first new home. Call us now to discuss how we can help you. 0419 711 755

How much rent do you pay? Have you worked out how much you're actually paying towards someone else's mortgage? Here's an example of how much you would pay for a rental property at $450 per week over 30 years - assuming rental prices don't increase (which they will) during that time.

“

My wife and I had been renting for many years and we were stuck in the downward spiral and struggling to save the 30K 50K deposit you generally require to buy your ﬁrst home. We found No Deposit Homes Mackay and it was the best opportunity we had at getting a house. I was hesitant at this in the beginning as it seemed too good to be true however I can honestly vouch that their ﬁrst home owner packages are genuine. They are understanding, respectful and honest about what to expect. You would be silly to not take up this amazing opportunity at getting your foot through the door! Phil.

Time frame

Amount

1 Month

$1,950.00

1 Year

$23,400.00

10 Years

$234,000.00

30 Years

$702,000.00

Imagine if that was money towards your very own home instead? Rent money is dead money! Buying your ﬁrst home is a very exciting and fulﬁlling step. It’s a great achievement and your moment to stamp your character on a place and invest for your future. The sooner you become a home owner, the sooner your property will grow in value and provide you with more equity and create future oportunities!

Home ownership vs Renting Matt’s considering his ﬁve year plan and trying to decide whether or not he should continue renting or buy his ﬁrst home. Can you help Matt decide?

Scenario one. Rent. Matt decides to rent a new home for $450 per week. Matt plans to live here for ﬁve years and hopes his landlord won’t increase his rent or ask him to leave during this time. After ﬁve years Matt will have paid around $117k. If Matt decides to move out he will leave with no extra money except for his $1,800 bond return.

Scenario two. Buy. Matt decides to buy a new home. His loan will be $400k and fixed on a rate of 4% for five years. Matt’s repayments would be roughly $440 per week. After five years Matt would have paid about $114k towards his own home. If Matt’s home achieves an annual capital growth of 6% it would be worth about $535k! If Matt was to sell his home, he could potentially make a profit of $135k!

5 good reasons to buy now 1. Eligible first home buyers in Queensland can access a $15k first home owner grant towards brand new homes. You can check your eligibility here: https://firsthomeowners.initiatives.qld.gov.au/ 2. Interest rates are currently at record lows so buyers can access highly competitive finance options. 3. Property is still affordable in a wide range of locations which means buyers can get into the market with less savings! 4. By escaping the rental cycle you can pay for your own mortgage and not someone else’s. In some instances it’s even more affordable to own than it is to rent! 5. Real estate is known as a long-term secure investment. The growth in value of your home can provide you with more opportunities in the future.

Call us on 0419 711 755 or apply online at www.nodeposithomesmackay.com.au/apply to explore your options.

Low deposit first homes... how? Our 'First Home Buyers Assistance Package' is a free service that’s desiged to give you access to the tools and advice needed to start your journey to home ownership. We make this possible by taking advantage of the $15k first home owner grant and connecting you with specialised lenders. Our mortgage brokers are experts in finance for first home buyers and will make the process simple and stress free. Qualified buyers may also be eligible to receive our No Deposit Homes first home buyer’s assistance grant which can be used to cover additional expenses involved with purchasing your new home. This is our gift to you, not a loan!

“

Our dream was to build our own home but it see like a distant goal that we'd never achieve especially with the First Home Owner’s Grant only around for a the next few months. We came across No Deposit Homes Mackay and thought, “what the heck; we've got nothing to lose”, and sent an enquiry oﬀ straight away. We're now the proud owners of a brand new home and now can't wait to move on to building the family and paying down the loan! Ben

Once qualified, we will present you with a range of fantastic brand new home and land packages in one of our accredited estates. The package will take into account your family’s needs, your affordability and and the amount of savings you have available.

it’s fast and secure to apply online. nodeposithomesmackay.com.au/apply

how to apply? Applicants who qualify for our ‘No Deposit Home Buyer’s Assistance Package’ will have access to: Affordable, tailored finance options through major banks at great rates. A range of brand new, fully turn-key home design options. Assistance with accessing the government first home owner grant. Our No Deposit Homes grant to assist with additional expenses. A dedicated team who will provide support and guidance every step of the way. Our application process is fast and secure and won’t affect your credit score Thereʼs simple ways to apply: 1. Submit your application online in less than 10 minutes.

www.

com.au/apply

2. Call our friendly team for assistance with your application 3. Email us directly to request an application form or a call back at a time convenient to you @ .com.au

“

Well I've got to thank the entire team at No Deposit Homes Mackay. The build on our brand new home starts in the next few weeks … I still can't believe that it's really happening! I'd seriously given up dreaming of it, resigning myself to the rent cycle for eternity. Nothing has been too much trouble, they're always just a quick phone call or email away. I've been treated like a member of a special family, walked through every aspect of the process and any questions were answered in simple terms. If you're looking to get started in the scary world of home ownership look no further than No Deposit Homes Mackay! You'll be glad you did! Thank you guys for making home ownership a reality! Paula

a bit about us We’re a local Australian company based in South East Qld. We began as mortgage brokers over 20 years ago and now specialise in First Home Buyer’s home needs and offer a compete range of house and land packages combined with great home loans. Our experienced staff are passionate about providing buyers with the education and tools needed to get ahead. Our mission. We respect that each client’s needs differ and therefore it’s our mission to provide each client with tailored advice and support that will enable you to achieve your individual financial needs. We strive to build strong long-term relationships with our clients and be your number one contact for all your finance needs. Our Clients Our clients have come from a range of backgrounds and today we mostly rely on a small amount of advertising together with a large number of referrals from our existing clients. Our people. As our testimonials suggest, we’re known for our high level of service and transparency with our clients. We guarantee to support you every step of the way. We encourage you to contact us and talk to our friendly team.

Call us on 0419 711 755 or apply online at www.nodeposithomesmackay.com.au/apply to explore your options.

how we help you get ahead Buyers with a small deposit may have limited options. It’s our goal to put you in the best position to get your foot into the property market. Here’s how we can help: We will determine how much you can potentially borrow through our simple application process. We will present you with a range of suitable first home options to choose from. Our experienced mortgage brokers will assist you with your home loan application and accessing the government first home owner grant. We will contribute up to $15k towards your first home purchase which will be made available upon settlement of your first home. When buying off the plan we will provide regular updates throughout the entire construction process. We will guide and support you every step of the way on your journey to home ownership. Itʼs free! Our service is cost and obligation free.

“

After many years renting and not getting ahead we were recommended to No Deposit Homes Mackay by a close friend. After 1 appointment with were a lot more confident and from that point on we have been guided through the most pleasant experience of finally purchasing our very first home! We cannot thank them enough and highly recommend them as your first home advisors. Thank you for helping us bring our dream to life as we look forward to the next exciting stage of building our brand new home! Steve & Family

quick tips when buying a home 1. Save time by getting an estimate on what you can potentially borrow before you start to consider first home options. We can help with this. 2. Your income, available savings and other financial commitments will have an effect on how much you can borrow, so avoid taking on any more credit commitments if possible. 3. Consider putting together a budget plan to determine how much you would comfortable to repay each week. You can request a free budget organizer from us. 4. Make sure you have realistic expectations and determine what is most important to you. Will it be the price and repayments for the home? The land size or house design? 5. Avoid multiple credit enquiries with different companies as this can affect your credit score. 6. Avoid employment changes as lenders will examine your employment length and the amount of jobs held over a 2 year period. 7. Make sure you buy in a good location with convenient amenities that has a high percentage of owner occupiers. Owner occupier homes are generally well maintained and will retain a higher capital growth. 8. Be confident. We only offer a development for our clients which are in the banks’ “A Grade” lending areas and considered desirable by bank valuers. This also enables the banks to loan you a higher percentage of the purchase price. 9. Keep an open mind to the location of the property as you might be able to get into the property market sooner. Whilst it may not be your “forever home” you are getting on the property ladder sooner and taking advantage of continued growth. 10. Don’t procrastinate. Work out what you have saved to date and what period you have saved it over. Then calculate, based on savings achieved to date, how long it will take to save $30,000 to $50,000 normally required by the banks. E.g. if you have saved $5,000 over the last 2 years, it may take you 12 years or more to save $30,000. If you don’t take advantage of this offer and the $15,000 First Home Owners Grant you may not be able to get into the property market for many years, if ever.

Call us on 0419 711 755 or apply online at www.nodeposithomesmackay.com.au/apply to explore your options.

frequently asked questions Is this only available for brand new homes? Yes. The First Home Owners Grant is only available for brand new homes. You will need to purchase a brand new home through our selected builders to qualify for this service. Does this option come with very high interest rates? No. Interest rates will vary based on each applicant’s individual circumstances. We use the major banks and in most instances the interest rates range between 4 - 5% Is there a catch or hidden charges? No. There’s no hidden agenda or charges. We are paid by the builder / developer which allows us to provide a free service and contribute towards your First Home Assistance Grant. Can I use my own builder? No. In order to receive our First Home Buyer’s Assistance Grant towards your new home and our free First Home Buyers Service, you will need to purchase your new home through our selected developer and one of our builders. How long will the offer last? Property prices in Mackay are on the increase, lenders can change their lending requirements and the Qld Govt can withdraw the $15,000 grant. All of these factors can affect the amount of deposit that first home buyers will require. For these reasons we are urging all buyers to consider their options as soon as possible. Additionally, each estate / developer only allows a limited number of “No Deposit” Packages.

Call us on 0419 711 755 or apply online at www.nodeposithomesmackay.com.au/apply to explore your options.

How much will the loan repayments be? their loan repayments than when they were renting. As part of our service we work with you to make sure the repayments are affordable and also discuss whether to take advantage of fixed or variable interest rates on offer. How do I know if I qualify for the Govt’s First Home Owner’s Grant of $15,000? To check to see if you qualify for the grant is a relatively simple. As part of our service to you we will help you check your eligibility and work through the process with you. What if I donʼt know my credit history? We will be able to check your credit history for you or show you how to access this yourself. Will applying affect my credit score? No Applying for our ʻFirst Home Buyers Assistance Packageʼ will not affect your credit score. Your application allows us to review your financial situation and determine how much you could potentially borrow. We do not make any credit enquiries without your permission first. How long can the offer last? Property prices in Mackay are on the increase, lenders can change their lending requirements and the Qld Govt can withdraw the $15,000 grant. All of these factors can affect the amount of deposit that first home buyers will require. For these reasons we are urging all buyers to consider their options as soon as possible. Additionally, each estate / developer only allows a limited number of “No Deposit” Packages.

it’s fast and secure to apply online. Escape the rental cycle! Explore your options and ﬁnd out if you qualify today! Apply online in less than 10 minutes!

nodeposithomesmackay.com.au/apply

Disclaimer: The information featured in this publication is for general information purposes only. It is not intended as financial or investment advice and should not be construed or relied on as such. Before making any commitment of a financial nature you should seek advice from a qualified and registered financial or investment adviser. No material contained within this publication should be construed or relied upon as providing recommendations in relation to any financial product. We endeavour to ensure all information is true and correct. Our publication is created with every intention of providing quality resources to our audience. If at anytime you feel information may be incorrect or needs to be updated, please contact us. No Deposit Homes Mackay and its employees cannot be held responsible for any errors.

a t. 0419 711 755 e. info @nodeposithomesmackay.com.au w. www.nodeposithomesmackay.com.au