Have you found yourself in a situation where your loans are fixed on a rate you’re happy with, then - BAM! - the market changes and rates drop way lower than your fixed rate, so you end up with FOMO? This is not uncommon.

Maybe you think you only work with a broker when the bank says no, you are in money trouble, or you are a serious property investor. Bin those ideas right away and hear me out!

It is pretty much guaranteed that your mortgage adviser will request three to six months of your personal cheque account statements when applying for a home loan. This isn't really because they want to see how often you stop for coffee, but rather to see that you can manage your bank accounts, and not go into overdraft or beyond your overdraft limits.

Right, so you’ve decided, “I want to buy a house!” Congratulations! Now the homework starts. There is a bunch of information to gather and criteria to meet to get your first home loan approved. A bit of planning and getting your ducks in a row (including finding a stellar adviser to help you along the way) could make the seemingly impossible, possible!