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At Bendigo Bank we know we have big responsibilities, which is why we’re here to help you with handy tips, interviews and advice on all things money and living.

Tips to help you buy a home!

9 September 2019 | 6 min read
Are you getting serious and looking to make a move in the next few months?

Most homeowners go through a pretty similar process when they set about buying a home.

And even when you’ve found a place that you’re super keen on, sometimes things don’t quite go to plan.

As with all things in life – there are no guarantees. And buying a home is no different.

But there are some things that you can do now to help improve your chances when it's time to go for the loan.

We spoke with one of our lenders and some recent home buyers to share their experience and tips. Lawrence Longato is one of our trusted mobile lenders.

Lawrence has helped many people along their home buying journey.

His top tips?

“Know what you’re after – priortitise your wants and needs and be realistic about what you can afford.”

Lawrence says: “As lenders we’re well-versed in working out what you can afford and what you’ll likely be able to borrow.”

“Save! It might seem obvious. But showing that you can actually save is a big plus and something any bank or creditor will look for.”

“If you know you’re wanting to buy a house, have a look at some of your savings habits and dial back on some of the more decadent expenses such as food delivery services and entertainment.”

"If you can demonstrate you can afford the ongoing mortgage repayments among your current commitments then you are on the right track towards getting an approval."

Homeowner success stories


We asked some recent home buyers what tips they would share with would-be home buyers.


Persistence pays | Kelton. First home buyer


Kelton’s story began with some bad luck and a false start.

After major delays with the construction of his new home – and more issues with the builders – he eventually ended up finding another property entirely.

It was all for the best in the end…

Kelton found his dream home in the outer suburbs of Melbourne.

A much bigger property with all the trimmings – including enough space to keep rehearsing with his band (while not upsetting the new neighbours).

With pre-approval in place, assistance from his First Home Owner Grant and ongoing support from his mobile lender, Kelton was able to navigate through any issues with the first property and is now a very happy and proud homeowner under 30.

Kelton says: “Thoughts about the future can be daunting... The best tips are really just to trust in yourself and go forward with motivation and inspiration to start a bold new chapter in life.”

Owning the dream home | Katie. Bridging finance


“It was my father that told me sometimes in life you have to take chances.”

“When a five-acre property came on the market, we were keen, but we had only just started tossing up the selling process and there was no way we could have both. Or so we thought…”

“We were put in contact with [our local mobile lender] who listened to our wants, worked tirelessly and helped turn our dream into reality.”

“We took out a bridging loan and now have the house we once dreamt of! We are a young family and never thought we’d own this kind of property so soon.”

Bridging finance allows you to take out a loan to purchase a new home before you have sold your existing home. Once the existing home is sold, the loan amount is reduced to cover your new home only.



“Sometimes you have to go backwards to go forwards are the truest words I’ve heard when it comes to going into debt.”

“Trusting your banker is the number one tip for me, find a team you trust and can openly talk to whenever you need!”

What’s the takeaway?


Everyone’s circumstances are different.

You might be buying your first property and using incentives and grants to assist you. Or you might be making a bold leap up the property ladder.

Whatever your scenario, there seem to be some common truths:

  • Back yourself.

  • Find a lender or broker you trust.

  • Don’t lose sight of your goals.

  • And, as with all things, a little sprinkle of good fortune never hurts either.


Getting serious about buying a property? Here are ten steps to buying a property.

At Bendigo Bank we have your best interests at heart. If you're looking to make a move in the property market find out how the better big bank can back you. Find out more.

Any advice provided in this article is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable product disclosure statement before acquiring any product. 

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Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

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