Buying your first home does not have to be overwhelming if you know the rules. In this episode of Property Now, host Michael Carbone sits down with Aidan Hartley, founder of Owl Home Loans and self-proclaimed “First Home Buyers’ Mortgage Broker”, to unpack his 10 Commandments for First Home Buyers.
From buying with as little as 0% deposit, to avoiding costly LMI, choosing the right bank, cleaning up your credit score, and knowing when to walk away from a property, these are the strategies that could save you thousands and fast track your home ownership journey.Whether you are saving for a deposit, ready to make an offer, or just starting your property research, this episode is packed with practical, no-nonsense tips that every first home buyer needs to hear.
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00:00:00 - Introduction
00:00:27 - Aidan Hartley's Career Start
00:01:26 - First Home Buyers vs. Investment Buyers
00:02:00 - Trend Shift in Home Buying
00:03:45 - The 10 Commandments for First Home Buyers
00:03:47 - Commandment 1: No Need for 20% Deposit
00:08:30 - Commandment 2: Lender's Mortgage Insurance (LMI)
00:10:49 - Commandment 3: Always Get Pre-Approval
00:13:27 - Commandment 4: Pick the Fast Bank
00:17:14 - Commandment 5: Offset vs. Redraw
00:22:28 - Commandment 6: Broker Fit
00:25:20 - Commandment 7: Credit File Cleanup
00:32:57 - Commandment 8: Don't Overshare
00:35:21 - Commandment 9: Property Checks
00:40:05 - Commandment 10: Don't Panic
00:41:48 - Aidan Hartley's Experiences and Predictions
