Your First Home Buyer Checklist (Before You Talk to a Bank)
For many first home buyers, the idea of speaking to a bank feels intimidating. Questions about deposits, borrowing limits, credit history, and approval often create unnecessary pressure. The truth is, you don’t need to have everything figured out before starting — but having a simple checklist can help you feel prepared and confident before taking the next step.
Understand Your Income and Employment Situation
Before speaking to anyone, it helps to have a clear picture of your income.
This includes your base income, any overtime or bonuses, and how long you’ve been in your current role.
Have a Rough Idea of Your Savings
You don’t need a final deposit figure.
Knowing roughly how much you’ve saved — and how quickly you’re saving — helps frame realistic options.
Be Aware of Your Existing Debts
Car loans, HECS, credit cards, and personal loans all affect borrowing capacity.
Even unused credit card limits can matter.
Check Your Credit Report
Reviewing your credit report helps you understand what lenders will see.
This step can uncover errors or issues early, before they become problems.
Understand That You Don’t Need All the Answers
Many first home buyers delay conversations because they feel underprepared.
In reality, asking questions is part of the preparation process.
Know That You’re Not Locked In
Speaking to a broker or lender doesn’t commit you to buying or applying.
Early conversations are about understanding options, not making decisions.
Separate Preparation From Pressure
Preparation creates confidence.
Pressure comes from rushing without clarity — not from asking for guidance.
Why First Home Buyers Speak With Chase First
First home buyers speak with Chase before approaching banks because the conversation is focused on preparation.
The goal is to understand your position, explain options clearly, and help you move forward at your own pace.
What Happens After Your First Conversation
After an initial chat, you’ll have a clearer understanding of where you stand.
You can then decide whether to prepare further, seek pre-approval, or simply take time to plan.
Ready to Take the First Step With Confidence?
If you’re thinking about buying your first home and want clarity before speaking to a bank, a conversation can help.
Book a first home buyer strategy session with Chase
Final Thoughts
You don’t need to know everything before buying your first home — you just need the right starting point. A simple checklist and the right guidance can turn uncertainty into confidence and help you move forward without pressure.
