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First Home Buyers – Your Journey Starts HereCongratulations on taking the first step toward homeownership! Buying your first home is an exciting milestone, but it can also feel overwhelming with so many decisions to make.
At KLM finance, we’re here to guide you every step of the way - from securing the right loan to helping you access government grants. Our goal is to make the process as simple, stress-free and rewarding as possible. |
How We Help First Home Buyers
Personalised Loan Solutions |
Government Grant Assistance |
Clear, Jargon-Free Advice |
HomeGrown Territory Grants
The Northern Territory offers several government grants and incentives to help first home buyers get into the market sooner. Here’s what you may be eligible for:
Eligibility requirements and terms apply. We’ll guide you through the application process and ensure you don’t miss out on the financial assistance available to you.
- Buying or Building A New Home – $50,000 for first-home buyers to put towards building or buying their first home. You can also use it for a new transportable home, as long as it's permanently fixed and legally approved to be lived in.
- Buying an established Home – The HomeGrown Territory Grant extends the First Home Owner Grant to $10,000 for first-home buyers to put towards the purchase of an established home. This includes, houses, townhouses and apartments.
- Existing Home Owners - Existing home owners may be eligible for the FreshStart New Home Grant which offers $30,000.00 to purchase or build a new home.
Eligibility requirements and terms apply. We’ll guide you through the application process and ensure you don’t miss out on the financial assistance available to you.
The Process
Buying a home is a big milestone and while the mortgage process may seem complex, having the right team by your side makes all the difference. At KLM finance, we simplify the journey and guide you through every step. Here’s what to expect:
1. Initial Consultation - We start with a one-on-one consultation to get a clear picture of your financial position and goals. We’ll go through your income, expenses, assets, liabilities and credit history to determine your borrowing capacity and discuss loan options that suit your needs.
2. Securing Pre-Approval - Before you start house hunting, we work with lenders to help you secure pre-approval - giving you confidence in how much you can borrow. This step ensures you can make strong offers on properties, knowing your finance is in place.
3. Finding the Right Property - With your pre-approval sorted, it's time to find your ideal home. We’re here to support you in making an informed decision. Consider factors like location, size, future growth potential and market conditions before making an offer.
4. Choosing the Best Loan - Not all loans are created equal! We compare loan products from multiple lenders, assessing interest rates, fees, loan features and repayment options to find the best solution for you. Our goal is to structure your loan in a way that aligns with your financial objectives.
5. Submitting your Loan Application - Once you've chosen a lender, we take care of the application process for you. We’ll ensure all documents are correctly prepared and submitted, meeting lender requirements to improve the likelihood of a smooth approval process.
6. Loan Approval & Property Valuation - The lender will assess your application and conduct a property valuation to confirm its value. Once your loan is formally approved, you’ll receive a loan offer outlining the terms and conditions. We’ll guide you through this step and answer any questions you may have.
7. Settlement & Getting the Keys - We work with your conveyancer or solicitor to ensure everything is in order for settlement day. Once the process is complete, the funds are transferred and the property is officially yours! Time to celebrate - you’re a homeowner!
1. Initial Consultation - We start with a one-on-one consultation to get a clear picture of your financial position and goals. We’ll go through your income, expenses, assets, liabilities and credit history to determine your borrowing capacity and discuss loan options that suit your needs.
2. Securing Pre-Approval - Before you start house hunting, we work with lenders to help you secure pre-approval - giving you confidence in how much you can borrow. This step ensures you can make strong offers on properties, knowing your finance is in place.
3. Finding the Right Property - With your pre-approval sorted, it's time to find your ideal home. We’re here to support you in making an informed decision. Consider factors like location, size, future growth potential and market conditions before making an offer.
4. Choosing the Best Loan - Not all loans are created equal! We compare loan products from multiple lenders, assessing interest rates, fees, loan features and repayment options to find the best solution for you. Our goal is to structure your loan in a way that aligns with your financial objectives.
5. Submitting your Loan Application - Once you've chosen a lender, we take care of the application process for you. We’ll ensure all documents are correctly prepared and submitted, meeting lender requirements to improve the likelihood of a smooth approval process.
6. Loan Approval & Property Valuation - The lender will assess your application and conduct a property valuation to confirm its value. Once your loan is formally approved, you’ll receive a loan offer outlining the terms and conditions. We’ll guide you through this step and answer any questions you may have.
7. Settlement & Getting the Keys - We work with your conveyancer or solicitor to ensure everything is in order for settlement day. Once the process is complete, the funds are transferred and the property is officially yours! Time to celebrate - you’re a homeowner!
We Compare Lenders to Find the Right Loan for You
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At KLM finance, we work with a wide panel of trusted lenders to ensure you get the most competitive interest rates and loan terms available.
Why does this matter? The right lender can save you thousands over the life of your loan! We compare rates, negotiate on your behalf, and structure a loan that fits your needs —not just now, but in the long term.
We do all the hard work, so you don’t have to. |
            Over 35 lenders to choose from
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