There was never a choice between smashed avocado toast or owning her own home for Isabella Cester.
With some hard work and advice, she enjoys both.
Ms Cester wants to breakdown the stigma for potential home buyers in western Sydney.
The 25-year-old Kellyville resident said the process is about finding the right fit when searching for the right mortgage lender.
“I found the process quite daunting and I was overwhelmed with the options available. I was most worried about the approval process,” Ms Cester said.
“The only credit I ever had against me was a small car loan and a credit card, and I was only 22-years-old at the time.”
Ms Cester and her partner Daniel, spent years saving for a house deposit.
“Most importantly, I was looking for a competitive rate and a provider,” she said.
“This would have been the most stressful part of buying our home, as many first home buyers are under the assumption that we must have 20 per cent saved up but it’s not the case.”
The couple decided to investigate further and connected with mortgage lender Homeloans.
“It was a short process, thanks to our broker Michelle Jarvis,” Ms Cester said.
“She was able to best assess our situation, and she suggested a panel of lenders who were willing to consider our application. We were driven by a competitive rate and the added benefit of an offset account with Homeloans.”
Research from a homebuyer barometer by non-bank lender Homeloans revealed 58 per cent of potential home buyers spent between one and five years saving for a deposit.
Homeloans spokesman Tim Keall said navigating the maze of mortgages is overwhelming for many first home buyers.
“More than one in five Homebuyer Barometer respondents across the country citing that as the greatest stress in buying a home,” Mr Keall said. “It really shows how important it is to do your research and have an understanding of the nuts and bolts of a loan - not just the interest rate on offer.
“If you’re considering a particular home loan, ask for a key facts sheet, which will enable you to compare and select the best loan for you.”