🏡 First Home Buyer Checklist

Your step-by-step guide to buying your first home with confidence

Buying your first home is a big milestone — and yes, it can feel overwhelming. But don’t worry — we’ve broken it down into simple, manageable steps so you can move forward with clarity and confidence.

✅ 1. Figure Out Your Budget

  • Review your income, expenses, and savings
  • Use a borrowing power calculator (we can help!)
  • Consider other upfront costs like stamp duty, LMI, legal fees, etc.

✅ 2. Check Your Credit Score

  • A healthy credit score helps with loan approval and interest rates
  • You can check it for free via Equifax, Credit Simple, or Finder

✅ 3. Get Pre-Approval

  • Speak to a broker (like us!) to get pre-approved
  • This gives you a clear price range and strengthens your offer when you find a home
  • We’ll compare lenders and handle all the paperwork

✅ 4. Explore First Home Buyer Grants & Schemes

  • First Home Owner Grant (FHOG)
  • First Home Guarantee (no LMI with 5% deposit)
  • Stamp duty concessions
  • We’ll let you know what you’re eligible for and help you apply

✅ 5. Start House Hunting

  • Choose your location, price range, and non-negotiables
  • Attend inspections or auctions
  • Take your time — we’re here to answer questions along the way

✅ 6. Make an Offer (or Bid at Auction)

  • Once you find “the one,” you can make a formal offer or bid at auction
  • We’ll help you understand contracts and next steps
  • Don’t sign anything without legal advice!

✅ 7. Finalise Your Home Loan

  • After your offer is accepted, we’ll lock in the loan and complete the paperwork
  • Your lender will do a property valuation
  • You’ll receive formal approval and a loan contract

✅ 8. Settlement Day 🎉

  • Legal transfer of ownership happens
  • You get the keys and officially become a homeowner!
  • Time to pop the champagne (or order pizza — we don’t judge)

💬 Bonus Tip: You Don’t Have to Do It Alone

At Northern Finance Group, we’re here to walk you through every step — from budgeting to settlement. No question is too small. No stress is too big.

👉 Book your free first home buyer chat
Let’s make your first home happen — the smart, stress-free way.