Liberty offers renewed optimism to first-time buyers


MELBOURNE, Australia, Oct. 31, 2022 (GLOBE NEWSWIRE) — In today’s market, the road to home ownership for first-time buyers can be long, but Liberty says there are always opportunities to buy .

Faced with a higher cost of living and a series of recent rate changes, many first-time buyers are feeling less optimistic about their chances of stepping onto the real estate ladder in the months ahead. Financial comparison site Canstar’s recent first-time homebuyer survey found that 90% of potential first-time homebuyers are concerned about saving enough of a deposit for a home loan. But with falling house prices and a new first-home warranty program, non-bank lender Liberty says there’s plenty to keep first-time home buyers feeling positive about.

According to communications manager Heidi Armstrong, recent changes in the housing market have created new opportunities for first-time buyers. “With fewer investors in the market, there’s less competition than this time last year. And hybrid work gives buyers more choice when it comes to location,” she said. .

A leader in the Australian mortgage business, Liberty works closely with clients looking to buy property and understands the challenges many face. “We support homebuyers at all stages of their real estate journey, including first-time buyers who may not qualify for a home loan through traditional appraisal methods.”

While some buyers only focus on saving for a deposit, there’s a lot more that goes into a credit check. In addition to your income, expenses, assets, and liabilities, lenders will also consider recent loan applications, credit card limits, and other debts.

By taking the time to look at the big picture, Liberty can deliver free-thinking home loans adapted to the particular situation of each client. “There are many ways to buy your first home, regardless of your financial background. At Liberty, we strive to ensure that every borrower receives a solution that suits their needs.”

With a range of solutions and indicative online pre-approval, Liberty can help first-time buyers assess their options and find the right mortgage for them.

Approved candidates only. Lending criteria apply. Taxes and fees are payable. Liberty Financial Pty Ltd ACN 077 248 983 and Secure Funding Pty Ltd ABN 25 081 982 872 Australian Credit License 388133, trading together as Liberty Financial.

Contact information:
Heidi Armstrong
Communications Manager, Liberty Financial
[email protected]
+61 3 8635 8888

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