The first home loan process, step by step.

Описание: 💡 Many first home buyers think the hardest part is saving a deposit. It isn’t. Understanding the process is.

In this First Home Buyer episode, Rhi from Trilogy Funding walks through the full first home buyer journey, from saving your first dollar to settlement day, and explains why most buyers don’t get stuck because of price, but because they don’t understand the steps involved.

There’s a lot of misleading advice online about deposits, borrowing power, and pre-approvals. Many buyers assume you need 20% saved, or that pre-approval guarantees a loan. In reality, lenders assess far more than just how much you’ve saved, and the order you do things in can make or break the experience.

Rhi breaks down how lenders actually assess first home buyers, what a realistic deposit looks like, how the 5% deposit scheme works, and why genuine savings, timing, and preparation matter more than rushing into inspections.

She also explains what happens after your offer is accepted, how valuations and contracts are assessed, the difference between formal approval and settlement, and the common traps that cause unnecessary stress and delays.

By the end of this video, you’ll understand the full first home buyer process, where most people go wrong, and how to move through it with clarity and confidence.

You’ll learn:
Why first home buyers get stuck due to process confusion, not affordability
What deposit you actually need as a first home buyer (and why 20% isn’t required)
How the 5% deposit scheme works and who qualifies
What counts as genuine savings and what doesn’t
What pre-approval really means (and what it doesn’t)
How private treaty and auction purchases differ
What lenders assess after your offer is accepted
Why valuations, contracts, and insurance matter
Common first home buyer traps that delay settlement
Why doing things in the right order reduces risk and stress

Chapters:
00:00 Introduction
00.33 Deposit and savings
02:56 Pre-approval
04:13 Property search
07:40 Formal approval & settlement
11:15 Common traps

📘 Topics covered:
first home buyer process, first home loan Australia, deposit requirements, genuine savings, pre-approval explained, buying your first home, home loan process, first home buyer mistakes, Trilogy Funding, first home buyer advice

📅 Book a finance strategy session
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📚 Free tools & guides:
→ First Home 101 video course: https://www.trilogyfunding.com.au/fir...