First Home Buyers

Direct Mortgage Concepts

The Key to Your First Home

Probably the most rewarding part of what we do.

One of our real strengths is educating first home buyers and helping them achieve the good, old-fashioned Australian dream.

Buying your first home is probably the biggest decision you've ever had to make, and you're nervous about that. We get that!

We openly say, lean on us for support when you encounter these unchartered waters. Build a team of professionals around you to provide reassurance and comfort.

8 Easy Steps to Your First Home

Step 1
How do you buy your first home?
Find out what you need to do, how to go about it and who you need to speak with to successfully purchase your first home.
Step 2
What paperwork do you need?
What paperwork do I need to provide, where to get the paperwork and how to share it with your team?
Step 3
How much can you borrow?
Find out how much the banks will lend you, otherwise known as your borrowing capacity.
Step 4
How long does it take?
How long does it take for my loan to be approved, should I get a pre-approval and what happens if I don’t find a home straight away?
Step 5
What type of loan do I need?
Not sure what type of loan you require. Everyone’s requirements are different. We’ll identify your needs and objectives from our discovery meeting to establish what sort of loan will work best for your situation.
Step 6
How much does it cost?
The costs can be different in many situations. Rates, fees, and charges. We’ll use our decades of experience to narrow down the options and clearly lay out the most appropriate choices, before making a personalised recommendation, giving you clarity and confidence.
Step 7
Do I need a solicitor or conveyancer?
What’s the difference? When you purchase a property, you’ll be required to engage a legal representative to look after your interests, regarding the purchase contract and property settlement. A Solicitor or Conveyancer is a qualified legal professional dealing in all aspects of property law.
Step 8
What is the process?
Everything you do in life is a process. Buying and financing a property is no different. For more than two decades, we’ve been part of that process and we’ll ensure that you’re aware of what needs to be done, who needs to do it and when it needs to happen.
Step 1
How do you buy your first home?
Find out what you need to do, how to go about it and who you need to speak with to successfully purchase your first home.
Step 2
What paperwork do you need?
What paperwork do I need to provide, where to get the paperwork and how to share it with your team?
Step 3
How much can you borrow?
Find out how much the banks will lend you, otherwise known as your borrowing capacity.
Step 4
How long does it take?
How long does it take for my loan to be approved, should I get a pre-approval and what happens if I don’t find a home straight away?
Step 5
What type of loan do I need?
Not sure what type of loan you require. Everyone’s requirements are different. We’ll identify your needs and objectives from our discovery meeting to establish what sort of loan will work best for your situation.
Step 6
How much does it cost?
The costs can be different in many situations. Rates, fees, and charges. We’ll use our decades of experience to narrow down the options and clearly lay out the most appropriate choices, before making a personalised recommendation, giving you clarity and confidence.
Step 7
Do I need a solicitor or conveyancer?
What’s the difference? When you purchase a property, you’ll be required to engage a legal representative to look after your interests, regarding the purchase contract and property settlement. A Solicitor or Conveyancer is a qualified legal professional dealing in all aspects of property law.
Step 8
What is the process?
Everything you do in life is a process. Buying and financing a property is no different. For more than two decades, we’ve been part of that process and we’ll ensure that you’re aware of what needs to be done, who needs to do it and when it needs to happen.

Grants and Concessions

Home Guarantee Scheme

This is a Federal Government initiative to support eligible first home buyers to get into the property market sooner.

With only a 5% deposit, the scheme guarantees a portion of the purchase, meaning that borrowers don't need to pay lenders' mortgage insurance (LMI) which is often the biggest expense for people buying their first home.

First Home Buyers Assistance Scheme

First home buyers may be entitled to a concessional rate of transfer (stamp) duty or even an exemption from paying it entirely under the First Home Buyers Assistance Scheme.

Provided your purchase price falls within the scheme guidelines; this can be one of the biggest savings a first home buyer can make.

First Home Super Saver Scheme

This scheme allows borrowers to save money for their first home inside their super fund.

Eligible borrowers may be able to make salary sacrifice arrangements with their employer or voluntary personal super contributions that can be later withdrawn and used as a deposit when buying a home.

Terms and conditions apply.

The DMC Difference

Why Choose DMC?

When you deal with the bank...

They will offer you the best of what they have, not what's available.

When you deal with DMC...

We have a far wider range of lenders and products to offer than any single lender.

Download a free guide to buying your first property
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