5 Steps to Start Planning Your Home Loan in 2025

Healthcare Home Loans
Jan 8
3 min read

Updated: Jan 10

A new year brings new opportunities, and 2025 could be your year to step into homeownership.

Whether you’re buying your first home or upgrading to a new one, proper planning is the key to success.

Follow these five steps to kickstart your journey and make your dream home a reality.

1. Assess Your Financial Health

Before diving into the home-buying process, take a good look at your finances.

Ask yourself:

What does your savings look like?
Do you have existing debts that could impact your borrowing power?
Do you have a good credit score?

Use tools like mortgage calculators, budgeting tools, and chat with a broker early to refine what’s achievable.

2. Set Clear Goals for 2025

What does your dream home look like? Is it a cosy starter home, an investment property, or a family upgrade?

Define your goals and work backwards to create a realistic timeline. Setting clear objectives helps you stay focused and ensures you’re on track throughout the year.

3. Understand the Costs Involved

Buying a home is exciting, but getting a clear picture of all the costs is essential—and that’s where we step in.

Together, we’ll make sure you’re financially ready by breaking down:

Deposit Requirements: As a first-home buyer or healthcare professional, you may only need a 5% deposit. We’ll help you explore low-deposit options and explain any conditions, like Lenders Mortgage Insurance (LMI).
Stamp Duty: This varies by state and can add up quickly. We’ll calculate your costs and identify any exemptions or concessions you might qualify for.
Additional Fees: Conveyancing, inspections, loan application fees, and potential insurance. These can be overwhelming, but we’ll help you budget for every step, so there are no surprises.

Let us take the guesswork out of planning, so you can focus on the excitement of your purchase.

4. Get Pre-Approved

Pre-approval is more than just a number—it’s your ticket to shop confidently and negotiate effectively.

Here’s how we’ll guide you:

Document Preparation: We’ll work with you to gather proof of income, expenses, and savings, and, if needed, discuss guarantor options.
Lender Selection: With access to a wide range of lenders, we’ll find the best match for your goals and financial situation.
Navigating the Process: We’ll submit the application, handle lender queries, and ensure your pre-approval is solid, giving you the edge in competitive markets.

With pre-approval in hand, you’ll know your limits and be ready to act decisively when the right property comes along.

5. Build Your Dream Team

Buying a home is a team effort, and having the right people in your corner can make all the difference. That’s why we help you build your dream team—a group of trusted professionals to guide you through every step of the process.

Here’s how we support you and connect you with the right experts:

Your Mortgage Broker (That’s Us!): We’re your first point of contact, providing tailored advice, comparing loan options, securing pre-approval, and managing the loan process from start to settlement. Think of us as your guide and problem-solver throughout the journey.
Conveyancer or Solicitor: A legal expert ensures the contract is fair, checks for any property issues, and handles the settlement process. We can recommend trusted professionals to make this step hassle-free.
Real Estate Agent: They help you find the perfect property and negotiate the purchase. We’ll work closely with your agent to align the financial side with your property goals.
Accountant: Especially important for healthcare professionals or buyers considering investment properties. We can connect you with accountants who specialise in tax planning and assisting in structuring for property purchases.
Building and Pest Inspectors: We’ll help you budget for inspections and connect you with qualified inspectors who can spot issues before you buy.

With the right team, you’ll save time, reduce stress, and make confident decisions at every stage. Let us coordinate and simplify the process, so you can focus on what matters most—getting the keys to your dream home!