Your First Home in Brisbane Starts Here

Client Success Story

From super savings to first home keys

Kat and Keiren started their journey with a solid plan and a mix of savings. They utilised the First Home Super Saver scheme and combined it with $45,000 of their own genuine savings to build a strong deposit. We secured their initial approval in mid-December, just before the holiday break.

The early months of the year were a test of patience. They attended open homes every weekend and faced the frustration of missing out in a crowded market. While we discussed other paths like house and land packages to keep their options open, they decided to stay the course. After two months of dedicated searching, they finally had an offer accepted in February.

• The solution we found: Because we had their approval ready to go, we moved straight from contract to settlement with a clean and simple process. We handled the heavy lifting with the lender to ensure everything stayed on track while they focused on their move.
• The clients' benefit: Kat and Keiren are now settled into their own home and are already planning their first round of renovations. They avoided the stress of a complicated settlement and can now focus on making the property their own.

The Path to Ownership: A 6 Step Guide

01 | Organise your deposit and budget

While a 20% deposit is the traditional gold standard to avoid Lenders Mortgage Insurance (LMI), many of our clients start with as little as 5%.

• Guarantors: You may be able to use equity from a family member to secure your loan.
• First Home Guarantee: This government initiative may allow you to buy with a 5% deposit without paying LMI.
• Brisbane Budgeting: Remember to factor in building and pest inspections, solicitor fees, and moving costs.

02 | Navigate the loan process

We hunt through our panel of 60 lenders to create your Game Plan. Once you choose a path, we arrange your pre approval, which is usually valid for three months. This gives you the green light to start house hunting seriously.

03 | Know your options

We help you choose the right structure:

• Variable rate: Rates can move up or down over time.
• Fixed rate: Your rate is locked in for a set period, providing repayment certainty.
• Split loan: The best of both worlds, with one portion fixed and the other variable.
• Offset accounts: A separate account that reduces the interest you pay on your loan.

04 | Find your dream property

In Brisbane, you need to weigh up your lifestyle needs:

• House vs Unit: Houses often offer more growth and renovation potential, while units can be a more affordable entry point into inner city suburbs.
• New vs Existing: New builds may qualify for additional government grants, while existing homes often offer more character and established locations.

05 | Property buying checklist

Before you sign a contract, keep these Brisbane specific factors in mind:

• Flood mapping: Check local council records for flood history.
• Zoning: Look for any planned developments or road changes nearby.
• Condition: Always arrange a professional building and pest inspection to look for structural issues or termites.

06 | Why choose a Loan Market Ignite broker?

• We work for you: We are not a bank, so our priority is your best interest, not the lenders.
• Local expertise: We understand the Brisbane property landscape.
• No cost to you: Our service is paid for by the lender you choose, meaning you get expert advice without the extra bill.