buy a home

let stellar finance group help you purchase your first home, next home or forever home

Buying a home should be exciting!

We've refined our process to make securing your home loan as seamless as possible. Maximum choice, minimum effort – on your part, that is.

buy your first home

Yes, it's a minefield out there. But no, you don't have to go it alone. We'll guide you through this exciting milestone!

buy your next home

If you've done this before then you'll probably have earned some equity. We'll help you leverage that for your next loan.

unlock your home buying potential with pre-approval!

Are you ready to embark on the exciting journey of buying your dream home? Well, buckle up because pre-approval is your golden ticket to navigating the home buying maze with confidence!

But what exactly is pre-approval, and why is it so crucial?

Think of pre-approval as your financial superhero, swooping in to give you a clear indication of how much you can borrow. It's like having a crystal ball that reveals your home buying potential, empowering you to shop for properties within your budget without any guesswork.

Here's the lowdown on how pre-approval works and why it's your secret weapon in the home buying game.

what is home loan pre-approval?

A home loan pre-approval, also known as conditional approval, is like a golden ticket granting you access to your dream home. It's when a lender agrees to offer you a loan up to a specified limit, pending certain conditions.

There are two stages to this process: conditional approval, which gets you ready to dive into the property market, and unconditional approval, the final step.

You can kick-start the journey with a quick online application, where you'll share details about your employment, income, and debts. This paints a picture of your financial landscape and gives you an estimate of your borrowing power, usually within minutes.

However, keep in mind that this initial estimate isn't set in stone and may require additional documentation, especially for self-employed individuals.

Once you're ready to take the next step, a Home Finance Manager will guide you through the approval in principle process. This involves a deeper assessment of your financial situation, though it's not a guarantee of final approval. Remember, while conditional approval is a step forward, it does leave a mark on your credit history, regardless of the outcome.

when should I apply for pre-approval?

Timing is everything when it comes to pre-approval. Start by researching the property market to gauge the price range of your dream home and determine your affordability. You can easily get an estimate of your borrowing capacity using our online mortgage calculator or affordability calculator. Consider different loan terms and types to find what suits you best.

Most pre-approvals, including ours, are valid for three months and can be renewed if needed. However, it's wise not to apply too early unless you're serious about buying, as multiple applications can impact your credit rating. Aim to apply when your finances are in good shape, you've saved a deposit, and you're ready to take the plunge into homeownership.
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One of the biggest financial decisions requires knowledge

We'll help you go into it with eyes wide open. Once we've analysed your situation, we'll scour the market for loan products that meet your requirements. We leverage tech, along with our deep industry insight and first hand experience to get you an incredibly outcome.
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Keen to some extra help? You may be able to access a government grant 

Buying a home is a significant outlay, and so it makes sense to get a little help where we can. We'll let you know what's available and whether you might qualify. From there we will guide you through the process of applying. 

We cannot wait to help you buy your own home

From liaising with your buyer's advocate, real estate agent, or conveyancer, we will work with your network of property and finance professionals to ensure the process is seamless. There are a lot of moving parts in the home loan process, and it's our job to keep it all ticking.

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Stellar Finance Group are used by ambitious people who want straight-talking guidance, personalised service, and amazing outcomes. We help ambitious people in Sydney – and beyond – achieve their big dreams!
Savvy Finance Pty Ltd ABN 85625275667 is authorised under LMG Broker Services Pty Ltd Australian Credit Licence 517192.
The information provided on this site is on the understanding that it is for illustrative and discussion purposes only. Whilst all care and attention is taken in its preparation any party seeking to rely on its content or otherwise should make their own enquiries and research to ensure its relevance to your specific personal and business requirements and circumstances. Terms, conditions, fees and charges may apply. Normal lending criteria apply. Rates subject to change. Approved applicants only.
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