FAQs / Applying for a home loan

What do I need to buy my first home?

All FAQs

You’ll need the following things when buying your first home:

  • A deposit for your home loan (usually 20% of your loan amount, or 10% if you pay LMI)

  • Funds to pay for government and third party fees

  • Your bank statements

  • PAYG summaries

  • Income statements

  • Details of any other debt or financial responsibilities you currently have