“We Were Feeling Overwhelmed by the Home-Buying Process”

We’re a newly married couple from Toowong, and when we decided it was finally time to buy our first home, we were beyond excited—but completely overwhelmed. We had no idea how much we could borrow, we didn’t understand the government grants, and we were totally lost when it came to choosing a suburb in Brisbane North. It felt like there were just too many moving parts and we didn’t know where to start.

That’s when we started searching online for a local mortgage broker and found North Brisbane Mortgage Brokers.

 

“We felt lost in a Sea of Choices”

As first-time buyers, we had no clue about all the different incentives out there, like the First Home Owners Grant or the First Home Guarantee Scheme. We didn’t know what we were eligible for, let alone how to apply for them. Plus, we weren’t sure which suburb would suit us best, even though we knew we wanted to stay in Brisbane North.

It was all so overwhelming, and to make it worse, we were worried about hitting the income limit for the First Home Guarantee Scheme. We really needed help!

 

Why We Chose North Brisbane Mortgage Brokers

What made Jack and his team stand out for us was the flexibility. Unlike big banks with rigid hours, they offered after-hours consultations and even met us at our home, which made things so much easier for us. Plus, since they were local to us, they had an insider’s perspective on Brisbane’s property market, which was exactly what we needed.

 

“One of the biggest issues we faced was our combined income”

Our main concern was that we knew that by the next financial year, we’d be over the $200,000 threshold for the First Home Guarantee Scheme. That meant we had a really short window to get into the scheme before we’d miss out on saving $25,000 in Lenders Mortgage Insurance (LMI).

North Brisbane Mortgage Brokers jumped into action and secured our spot within just a couple of weeks. This meant we could move forward with only a 5% deposit, which was a huge relief.

 

Understanding the First Home Guarantee Scheme

They broke everything down for us, explaining all the little details of the First Home Guarantee Scheme—like the income limits and the $700,000 property price cap for Brisbane. On top of that, they helped us look into great suburbs that we hadn’t really considered like Bracken Ridge, Chermside, Nundah, and Stafford, so we could make an informed decision on where to buy.

 

“We didn’t know if we could even afford the kind of home we wanted”

What we could and couldn’t afford was one of our major stressors. North Brisbane Mortgage Brokers took the time to calculate our borrowing capacity and walked us through different repayment scenarios.

When we saw that our monthly repayments would be similar to our rent, we felt so much more confident and ready to move forward. It was very different to just hearing all of our friends and family’s opinions.

 

Securing the Mortgage: Meeting Deadlines Quickly

With the deadline for the First Home Guarantee Scheme fast approaching, they helped us pull together all the necessary documents—Tax Returns, Notices of Assessment, and proof of savings—and submitted them to the bank.

They made the whole process seamless, ensuring everything was submitted on time so we could qualify for the scheme. Looking back now, that process would have taken us so long if we just did it ourselves.

 

Choosing the Right Lender: Finding What Worked for Us

They presented us with a few lender options and patiently explained the pros and cons of each one. We ended up choosing a lender with a 6.04% interest rate, which was lower than the market average. This decision alone saved us $173 a month, which was a huge win for us.

 

Maximising Government Incentives for Big Savings

Besides securing our spot in the First Home Guarantee Scheme, they helped us save an extra $17,350 in stamp duty through the First Home Concession. When you add that to the $25,000 we saved on LMI and the lower mortgage repayments, we ended up saving around $42,000 overall. This gave us so much peace of mind and really made buying our first home feel possible.

 

“We got our dream result which was a stress-free buying experience”

Throughout the process, North Brisbane Mortgage Brokers kept us updated through a dedicated group chat, so we always knew what was going on. In just three weeks, we found our dream home in Bracken Ridge, and they secured formal approval for our mortgage in just two days.

The entire experience was smooth and stress-free, just like they promised.

 

“We felt so supported”

We couldn’t have asked for a better experience. North Brisbane Mortgage Brokers took the time to explain everything in detail, and their personal, local service made all the difference.

We felt supported every step of the way, and we’re so grateful to them for helping us achieve our dream of homeownership.

 

“This is why we have recommended North Brisbane Mortgage Brokers to our friends”

Working with North Brisbane Mortgage Brokers was by far the best decision we could have made.

Their local expertise, deep understanding of government incentives, and commitment to keeping us informed made the entire process so much easier. Thanks to them, we didn’t just buy our first home—we did it with confidence and saved a lot of money along the way.