First Home Buyers and Upgraders.
At Eventus Financial, we believe that every Australian deserves to achieve home ownership. We are award-winning mortgage brokers serving clients Australia-wide, helping first home buyers and those upgrading secure the best home loan deals.
Your first home or upgraded home, made simple with Eventus Financial.
Buying a home is an exciting milestone — a blend of dreams, aspirations, and the desire to create a space that’s truly your own. While the journey is thrilling, it also comes with a host of decisions, paperwork, and financial considerations. That’s where our expert home loan brokers come in to simplify the process and guide you every step of the way.
Based in Sydney and proudly serving clients across Australia, Eventus Financial specialises in helping first home buyers and upgraders confidently navigate the complexities of purchasing a home. Our personalised, hands-on approach ensures you receive the expert support you need, from decoding financial terminology to making informed choices tailored to your situation.
Why choose us?
We have access to over 40 lenders and around 400 loan products.
We will assess your current circumstances, discuss your needs, advise which lenders are most appropriate for you and then guide you through the whole process.
We perform regular reviews on your home loan.
As part of our ongoing service to you, we will regularly review your home loan. We have strong bargaining power with lenders, which we use to negotiate special deals on your behalf (even after you settle on your loan).
We will not charge you a fee for our services.
We work for you but are paid by the banks. It's one of the true-wins in life, where you can receive independent expert advice without having to pay a fee for it.
Find out how much you can borrow.
In 60 seconds, understand how much you can borrow to buy your dream home.
What loan types available for first-home buyers and upgraders?
Each home loan type has its own advantages, and understanding these can help you make the best decision. Whether you prefer the steady structure of fixed rates, the initial savings of interest-only loans, or the long-term benefits of principal and interest repayments, being informed is your most valuable asset.
Our expert Mortgage brokers will help you choose the right loan with the right lender based on your unique situation and financial goals.
Owner occupied loans
Owner occupied home loans are designed for buyers who intend to live in the property. These loans typically offer lower interest rates and more favourable terms compared to investment loans since lenders view them as less risky. For first-time buyers, this can be a cost-effective way to enter the housing market while also starting to build equity in their own home.
Variable rate loans
Variable rate loans come with interest rates that can fluctuate based on market conditions or changes to the central bank's cash rate. These loans can be attractive when interest rates are low, offering the potential for reduced repayments. However, they also carry the risk of rate increases, which can raise your monthly costs. For those who can handle some payment variability, this option offers flexibility and the chance to save during favourable economic conditions.
Interest only loans
Interest only loans allow you to pay just the interest on your mortgage for an initial period, usually lasting between five and ten years. This arrangement can significantly lower your monthly payments at the beginning, enabling you to allocate more funds to essential expenses or savings. However, it's crucial to be aware that once the interest-only period concludes, your payments will increase as you start paying down the loan principal.
Fixed rate loans
Fixed rate loans allow you to lock in an interest rate for a set period, usually between one and five years. This provides consistency in your repayments, which can be especially helpful when managing a tight budget. While you won’t benefit from any rate drops during the fixed term, you also won’t face sudden increases. It’s a solid choice for buyers who value stability and predictability in their financial planning.
Principal & interest loans
With principal & interest loans, each repayment goes towards both the interest and a portion of the principal loan amount. This structure means you’re steadily reducing your debt over time and building ownership in your home. For many first home buyers, this option provides a clear repayment path and greater long-term financial security. It's a disciplined and rewarding way to work towards full home ownership.
What our clients say
Carlo and Anna – Upgrading Their Home
Laura B – First Home Buyer
First home buyer numbers surge
More first home buyers are entering the market, with new home loan commitments for owner-occupier first home buyers up 12.8% in July 2024 compared to last year, according to the Australian Bureau of Statistics (ABS).
This increase reflects growing confidence among first home buyers, who now account for a larger share of overall loans.