Renting on two incomes and still told you need 20%?
Most couples I help in Melbourne’s west got in with a 5% deposit and somewhere between $35k and $100k saved. Run the 3-minute check and see where you two actually stand.
Run our borrowing checkFree. 3 minutes. No bank, no credit check.
Step 1 of 2
Roughly what could you two borrow?
Put in what you both earn and what you’ve saved, and I’ll email you a ballpark. Lenders can differ by $100k or more on the same couple, which is why the next step is getting your real number.
Put 0 if you’re buying on your own.
The limit on the card, not what you owe. Lenders assess the limit.
156
first home buyers settled
$52k
the median deposit they started with
67
of them bought in Werribee alone
“We’d been told by our bank we needed another two years of saving. Jacob showed us the 5% guarantee, we had our pre-approval in under three weeks and settled on a three-bedroom place in Tarneit. We’re paying less than we were in rent.”
I’m Jacob. I live in Yarraville and most of my clients buy within 20 minutes of my place.
I’ve helped over 150 first home buyers into their first place, most of them couples on two ordinary incomes who thought they were years away. I don’t work for a bank. I work for you, across 40-plus lenders, and I get paid by the lender you choose, so the check and the chat cost you nothing.
Jacob Williams, credit representative number 570865 of Alliance Financial Group Pty Ltd, Australian Credit Licence 390664.