Stamp duty is a state government tax applied when purchasing property. The amount depends on the property's value and location. Eligible first home buyers in NSW may receive exemptions or concessions that can significantly reduce this cost.

First Home Buyer Mortgage Broker Sydney

Q: How do I apply for my first loan?

The first step is securing pre-approval, which helps you understand how much you can borrow and shop with confidence. We guide you through gathering documents, assessing your position and managing the entire application process from start to finish.

Q: What factors determine how much I can borrow?

Borrowing capacity is assessed based on factors such as income, credit history, existing debts and living expenses. We help you understand how lenders assess these factors and work with you to determine a realistic and comfortable borrowing amount.

Q: Am I eligible for first home buyers benefits in NSW?

NSW offers grants and stamp duty concessions for eligible first home buyers. Eligibility depends on factors such as residency status, property value, location and whether the property will be your primary residence. We stay up to date with current policies to help you maximise available benefits.

Q: What supporting documents do I need?

Common documents include identification, recent payslips or tax returns, bank statements, and details of existing debts and assets. After discussing your situation, we provide a tailored checklist so you know exactly what's required.

Our Role in Your
Home Loan
Journey

Navigating the mortgage market can feel overwhelming, with countless lenders and loan products to choose from.

That's why we're here, to cut through the noise and give you the confidence to move forward. With over a decade of experience in the industry, we specialise in matching you with the right loan for your unique situation, making the entire process clear, simple, and stress-free.

FAQs

Looking for an answer?

How much does a mortgage broker charge?

At Fruition Financial, we don't charge you a fee for our services. We're paid directly by the lender you choose, which means you get expert advice, support, and guidance at no cost to you. Our commitment is to provide exceptional service throughout your entire home loan journey, completely obligation-free.

How do I apply for my first loan?

Buying your first home is exciting, but the loan process can feel overwhelming, that's where we come in. The first step is securing pre-approval, which shows you how much you can borrow and helps you shop for homes with confidence. We'll guide you through gathering the necessary documents like payslips, bank statements, and ID verification. Get in touch with us for an obligation-free chat about your situation and goals, and we'll take care of the rest.

What factors determine how much I can borrow?

Lenders assess several factors when determining your borrowing capacity, including your income, credit history, existing debts, and living expenses. They want to ensure you can comfortably manage mortgage repayments alongside your other financial commitments. We'll help you understand these criteria and work with you to identify your optimal borrowing capacity, so you can move forward with confidence and choose a loan that fits your financial situation.

Am I eligible for first home buyers benefits in NSW?

NSW offers several incentives for first home buyers, including grants and stamp duty concessions that can significantly reduce your upfront costs. Eligibility typically depends on factors like:

- Australian citizenship or permanent residency
- Property value limits and location
- Whether you'll live in the property as your primary residence
- Income thresholds for certain schemes

The criteria can be complex and change regularly, so we stay up to date on current policies to help you maximize the benefits available to you.

What supporting documents do I need?

To get your application moving, you'll typically need:

- Driver's license and/or passport
- Last 2 payslips (if PAYG employed)
- Last 2 years' tax returns, Notice of Assessments, and financial statements (if self-employed)
- Recent bank statements showing savings
- Credit card statements and details of any other debts or assets

Once we chat about your situation, we'll send you a tailored checklist specific to your circumstances so you know exactly what's required.

What is stamp duty?

Stamp duty (also called transfer duty) is a state government tax applied when you purchase property. The amount varies depending on the property's value and which state you're buying in. For first home buyers in NSW, there may be exemptions or concessions available that can significantly reduce or even eliminate this cost, we'll help you understand what applies to your situation.

HOME LOANS FOR
FIRST HOME BUYERS

Our Role in Your
Home Loan
Journey

Why Choose Fruition Financial?

Peace of Mind Process

Decade of Experience

Ongoing Management

Larissa Humphreys

Leah Lewis

Katie Thain

Kay Mac

James Coote

Rachelle Barbara

Discover Sports Group

Brittany Gocher

Bovas Babu Joseph

Looking for an answer?

Speak With Our Team