5 Things Every First Home Buyer Gets Wrong (And How to Avoid Them)
Buying your first home should be exciting.
(Like, "pop the champagne" exciting.) 🥂
But for lots of first home buyers, the experience ends up being more "confusing spreadsheets" and "why didn’t someone tell me this earlier?"
At Nude Home Loans, we’ve helped heaps of first-timers dodge the classic mistakes that make buying your first place harder than it needs to be.
Let’s break down the top five mistakes first home buyers make — and how you can avoid them like an absolute legend. 🏡
1. Overestimating How Much You Can Borrow
Just because a bank could lend you a certain amount doesn’t mean you should max it out.
Too many first home buyers walk into a mortgage that leaves no breathing room for, you know, living.
👉 The Nude Fix:
We look at your full picture — not just what you earn, but what you spend, what you love, and what your future plans are.
(Like starting a family, travelling, or upgrading your car.)
You want a home loan that fits your life — not the other way around.
2. Forgetting About the Hidden Costs
When you’re first starting out, it’s super easy to focus on the deposit... and forget about everything else.
Stamp duty, lenders mortgage insurance (LMI), conveyancing fees, moving costs, furniture shopping splurges... it all adds up.
👉 The Nude Fix:
When we build your buying plan, we factor in ALL the extra costs.
No surprise bills two days before settlement, thanks.
And hey, we can also help you access first home buyer grants to ease the sting.
3. Skipping Pre-Approval
We said it yesterday, and we’ll say it again — pre-approval is not optional if you want to shop smart.
Without it, you’re house hunting blind.
Worse, you could lose a house you love because you can’t move fast enough.
👉 The Nude Fix:
We make getting pre-approval dead easy.
A few chats, a few documents, and you’re ready to house hunt like a boss.
4. Getting Stuck on the Wrong Loan
Not all home loans are created equal.
Some come with hidden fees. Some sound cheap upfront but sting you later.
And banks? They’ll only show you their options — not necessarily the best ones for you.
👉 The Nude Fix:
As a mortgage broker near you (and your mate in finance), we compare 30+ lenders to find you the best match.
Because no one deserves to be stuck with a boring, expensive loan.
5. Going It Alone (When You Don't Have To)
First home buying is full of paperwork, weird jargon, and “did I miss something?” moments.
You could Google your way through it...
Or you could have a Nude expert in your corner to make it clear, simple, and way less stressful.
👉 The Nude Fix:
We handle the heavy lifting: paperwork, lender chasing, grant applications, and all the boring-but-important stuff.
You focus on picking your new couch. 🛋️
Quick Recap: How to Avoid First Home Fails
✅ Get your pre-approval sorted
✅ Understand your true borrowing power
✅ Budget for all the costs (not just the deposit)
✅ Pick a loan that works for your future, not just right now
✅ Don’t do it alone — team up with Nude Home Loans
Ready to Buy Like a Pro?
You don’t have to guess your way through buying your first home.
You can have a mortgage broker near you (👋) making it simple, clear, and actually a bit fun.
Ready to get started?
👉 [Book your free first home buyer consult with Nude Home Loans]
We’re ready when you are.
