Understanding Lenders Mortgage Insurance (LMI) – What First Home Buyers Need to Know
Understanding Lenders Mortgage Insurance (LMI) – What First Home Buyers Need to Know Lenders Mortgage Insurance (LMI) is one of the most commonly misunderstood aspects of buying a home. If you’re a first home buyer looking to enter the property market, understanding LMI is crucial. In this guide, we’ll break down what LMI is, why […]
Why a Fully Assessed Pre-Approval is Crucial for First Home Buyers
Buying your first home is an exciting milestone, but without proper financial preparation, it can quickly become overwhelming. One of the most important steps in the home-buying journey is obtaining a fully assessed pre-approval—a step that many first home buyers overlook. Why a fully assessed pre-approval is crucial for first home buyer you ask, this […]
Understanding the First Home Guarantee Scheme (2025 Edition)
Buying your first home can feel like an overwhelming journey, especially with rising property prices and the challenges of saving for a deposit. The First Home Guarantee Scheme (2025 Edition) is a game-changing initiative designed to help eligible first home buyers enter the property market sooner. In this blog, we’ll break down what the scheme […]
Top 5 Mistakes First Home Buyers Make and How to Avoid Them
Meta Description:Discover the top 5 mistakes first home buyers make and how to avoid them. Learn tips for pre-approvals, grants, and saving money on your first home. Buying your first home is one of the biggest milestones in life. But as exciting as it is, the process can be overwhelming—and costly—if you’re not prepared. Today, […]
Why 2025 Is the Year to Buy Your First Home
If you’ve been dreaming about getting out of the rental market, 2025 is the year to buy your first home! With a unique combination of stable property prices, attractive government incentives, and competitive interest rates, there has never been a better time to take the leap into home ownership. 1. Stabilized Property Prices After years […]
The Top 5 Things to Prepare You for Buying Your First Home in 2025
Are you thinking about Buying Your First Home in 2025? As the holiday season approaches, many of us start thinking about the year ahead. If you’re planning on buying your first home in 2025, now is the perfect time to take a few steps to ensure you’re financially prepared. The holiday season can be busy […]
Home Loan Type – Fixed, Variable, or Split Loan? The Pros and Cons of Each
Choosing the right home loan type is one of the most important decisions you’ll make as a first-time home buyer. Among the most common loan types are fixed-rate loans, variable-rate loans, and split loans. Each comes with its own set of advantages and drawbacks. In this post, we’ll walk you through the differences and help […]
What Loan Term Should I Get for a House?
When deciding on a home loan, one of the most important considerations is what loan term should I get for a house? While a 30-year loan term is the most common, it’s not your only option, and the choice you make can have a big impact on your financial future. At 360 Mortgage Solutions, we […]
Overwhelmed by the Home Loan Process? Here’s How to Simplify Your First Home Buyer Journey
Feeling overwhelmed by the home loan process? You’re not alone. For many first home buyers, the journey to owning a home can feel daunting, unachievable, and downright stressful. But here’s the good news: with the right steps and guidance, you can eliminate much of the overwhelm and start your property journey with confidence. In this […]
Avoid These First Home Buyer Mistakes to Save Time and Money
Avoid common first home buyer mistakes like skipping pre-approval or carrying too much debt. Learn how to prepare for your first home purchase with confidence!