Episode 119 : The 3 Biggest Mistakes First Home Buyers Make (And How to Avoid Them)

The First Home Buyers Program Podcast - The 3 Biggest Mistakes First Home Buyers Make (And How to Avoid Them)Episode DescriptionBuying your first home is exciting, but it’s also easy to make mistakes that can cost you time, money, and confidence. In this episode of The First Home Buyers Program Podcast, mortgage broker Maryanne Elliott shares the 3 biggest mistakes first home buyers make and how to avoid them.You’ll learn why waiting until you “feel ready” can hold you back, why saving a deposit is only one piece of the puzzle, and why so many first home buyers think everyone else has it figured out when they actually don’t.If you’re planning to buy your first home in Australia and want to feel more confident about the process, this episode will help you take the next step with more clarity and less stress.In This Episode,You’ll Learnwhy waiting too long to speak to a broker can slow down your progresswhy focusing only on your deposit can be a mistakewhat lenders also look at besides your savingshow credit cards, personal loans, and spending habits can affect borrowing powerwhy confidence comes from getting the right guidance earlyThe 3 Biggest Mistakes First Home Buyers MakeWaiting until you “feel ready - Many first home buyers delay getting advice because they assume they need to have everything sorted first. In reality, speaking to a broker early can help you understand your borrowing power, deposit goals, and what steps to take next.Focusing only on the deposit - Saving a deposit matters, but it’s not the only thing lenders assess. Your debts, living expenses, repayment history, and overall financial position also play a big role in your home loan application.Thinking everyone else knows what they’re doing - It’s easy to feel behind when friends and family are buying homes, but many buyers are learning as they go.The difference is often that they asked questions early and got support through the process.Key TakeawayYou do not need to have everything perfectly figured out before starting your first home buying journey.The earlier you get advice, the sooner you can make a plan and avoid the mistakes that keep many buyers stuck.About Your HostMaryanne Elliott is a mortgage broker and founder of 360 Mortgage Solutions. After working for one of the major banks for over 13 years, she now helps first home buyers understand the lending and property process so they can buy sooner, with more confidence and less stress.ResourcesBook a 15-minute high-level phone chat:https://link.teamos.ai/widget/booking/7qm3GDqWiTMjczOzhMlHLearn more about The First Home Buyers Program:https://z9gpj4ioc4f1npbcb6x0.app.clientclub.net/courses/offers/6a9e25d2-5268-4d43-884d-4c233af23b5cSEO Keywordsfirst home buyer mistakesbiggest mistakes first home buyers makefirst home buyer tips Australiabuying your first home Australiafirst home buyer podcasthome loan tips for first home buyershow to avoid first home buyer mistakesfirst home buyer help Australia