Question 1

How much deposit do I need to buy my first home in Bendigo?

Accepted Answer

With the 5% Deposit Scheme, you can buy with as little as 5% of the purchase price, as long as the home is under the $650,000 regional cap. You'll also need some savings for costs like conveyancing and building and pest inspections.

Question 2

Does it cost anything to use a mortgage broker?

Accepted Answer

Our service is usually free for first home buyers, as we're paid by the lender once your loan settles. We'll tell you upfront if any fees apply.

Question 3

Can I use the 5% Deposit Scheme and the stamp duty exemption together?

Accepted Answer

Yes, if you're eligible for both. Many Bendigo buyers also add the First Home Owner Grant when buying or building a new home.

Question 4

I'm self-employed or on casual income. Can I still buy?

Accepted Answer

Yes. Some lenders are more flexible than others with these incomes, and finding the right one is a big part of what we do.

Question 5

How long does pre-approval take?

Accepted Answer

It varies by lender, and usually takes a few days to two weeks once we have your documents.

Mortgage Broker in Bendigo

Victorian First Home Buyers!

Why choose Robinson Finance?

Tailored Mortgage Solutions

- First Home Buyers - Find the right mortgage for your dream home

- Refinancing Options - Lower your repayments and potentially save thousands

- Investment Loans - Build wealth with smart property finance

- Car Loans - Drive away with competitive rates

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