First Home in 2013 – Resolution Progress Check

Was your New Year's resolution to buy your first home this year?

If so, as we head towards the end of the first quarter of 2013, why not take a look at how you're going on your journey to becoming a home owner.

Take some time out and review the following!

Borrowing power

If you don't yet know your borrowing capacity, now might be the time to use a how much can I borrow calculator to work out what amount of money lenders will be likely to let you borrow for a loan.

Property market stakeout

You might not plan to buy a house until later in the year, but that doesn't mean you shouldn't start checking out the market now.

If you haven't started looking at places to live and houses on the market, it can be helpful to start having a look around to get an idea of what's available now and what might be in the future.

Home loan deposit

How are your saving efforts going for your loan down payment? Hopefully you have been disciplined and kept to a budget.

If you aren't quite where you'd like to be, it may be time to work out a new savings schedule or a more ambitious budget.

To get more detailed information on your situation, talk to a Loan Market mortgage broker today.

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