New Home Mortgage Broker Perth

Ever wondered what distinguishes a construction loan for a new build from a traditional mortgage for an existing property? There are several key differences that might surprise you.

Investing in a New Property

Investing in new construction comes with considerable benefits. For one, the depreciation of the building can be claimed as a tax deduction, potentially reducing your taxable income. Additionally, new properties often have lower maintenance costs compared to older buildings. Tenants may prefer newer spaces and could be willing to pay higher rents for the privilege of living in a modern environment. If you’re considering entering the real estate market, a new build offers attractive prospects.

Financing Your New Build

Financing the construction of a new home can differ from buying an existing one. To streamline the process, you might consider obtaining two separate loans: one for purchasing the land and another for the construction phase. Some lenders also offer comprehensive packages that combine these loans for convenience. It’s advisable to consult with a finance broker like Wolf Finance, who can offer customised loan solutions to fit your specific needs and ensure you are well-prepared for the building phase.

Additionally, it’s a good idea to speak with a tax professional. This is particularly important as there may not be any rental income during the construction phase, which could impact your cash flow if not properly planned.

Taking these steps can pave the way for a successful investment and help you secure the home you truly desire.

Contact Stephanie Wolfgram at Wolf Finance to explore your construction loan options and ensure your building venture in Perth is supported by expert financial advice.

Purchasing a property that’s already constructed offers several advantages, including the elimination of the uncertainties and stress often associated with building a new one. Additionally, the ability to generate rental income immediately can have a positive effect on your cash flow. Given the diversity of available properties, it’s important to take time to determine which type best fits your needs.

The market for new home sales is experiencing a resurgence, driven by both investors and owner-occupiers. The allure of buying off the plan is straightforward – place a small deposit (typically 10%) on the development and pay the rest upon completion of construction.

With ongoing rises in property prices, cities and coveted vacation spots are witnessing a boom in apartment developments. This trend offers potential buyers the chance to experience significant capital growth when they take possession of their new homes. Dive into the market and secure your financial future by considering an off-the-plan investment.

For personalised advice and to explore the best options for property investment in Perth, contact Stephanie Wolfgram at Wolf Finance. Let us help you make an informed decision that aligns with your financial goals.

Samantha Buck

5. September, 2023.

Steph was absolutely incredible to work with while buying our first home! She made the whole finance side so easy, we didn’t have to stress one bit! We had zero clue about the process heading into buying but Steph was more than happy to answer any questions we had and explained everything perfectly. Highly recommend!

Matthew Walsh

1. July, 2023.

Fast and efficient finance solutions. Could not recommend anyone better.

Sophie Papamarkos

3. October, 2022.

Stephanie has been a sensational Broker for us, an absolutely drama free experience securing a loan. Stephanie gave us excellent communication throughout the process and was very flexible with meeting arrangements. I’d definitely choose Steph again.

Jess McCormack

19. September, 2022.

I would highly recommend Steph, she made buying a house very simple and easy!

Darryl Johnson

26. March, 2022.

I was in a situation that two other brokers could not assist me with and could not identify what the issue was. Stephanie identified the issue within 20 minutes and put together a plan to help me. Stephanie put the plan in action and I was able to obtain finance at a great rate, I was absolutely amazed. Thank you so much Stephanie you are amazing, you not only got me the finance you kept me informed all the way, you had plan B's and you never stopped believing in me. Thank you

Tessa Lim Tayag

19. November, 2021.

Highly recommended. She’s great to work with. Explained every bit of details about securing the loan and work hard to get the best deal. Stress free process. Thank you very much Steph.

Susie D Wells

6. October, 2021.

Stephanie was excellent at securing our investment loan, even with a few life changes happening in the process. She was always punctual, professional and knows the market with her finance background.

Bronte Holmes

9. September, 2021.

Stephanie has been so helpful and patient with us buying our first house. Definitely recommend her to anyone looking at buying ☺️ thank you so much Stephanie for making the process so much easier

Annabel Katherine

26. July, 2021.

Stephanie was very understanding that I had limited time and it wasn't going to be easy to get a loan. She is extremely knowledgeable and made the whole process a breeze. It was an absolute pleasure working with her.

Wayne Curtis

23. July, 2021.

Thank you so much Steph for all your hard work and dedication in moving our home loan. It was not easy and we know how hard you work for your clients to bring about what best suits their needs. I gladly and highly recommend your services xo

Irvin Calica

28. April, 2021.

As a 20 year old who was completely young and clueless in setting up a mortgage loan, Stephanie made sure that I was comfortable at every step of the way. She was able to act quickly for any setbacks that halted or slowed the process and would always entertain any questions I had, including the stupid ones. Stephanie was always very approachable and completely reliable the whole way and would no doubt recommend her to any of my mates 😁

Karen Dao

18. April, 2021.

I highly recommend Steph as a mortgage broker. Extremely knowledgeable, goes above and beyond and truly looks after her clients.

Kellie Mansfield

25. January, 2021.

To those in search of a mortgage broker, we just can't recommend Stephanie enough! She has gone above and beyond for us every step of the way, making herself available all times of the day (and even night). Being first home buyers, caught right in the middle of the chaotic scramble induced by the race to receive the federal and state building grants, we would have been lost without Steph. She has been so incredibly patient with our never ending list of questions, giving sound advice that always put our minds at ease. She has supported us through what has been an incredibly stressful journey to secure us the house+land package of our dreams. Thank you so much for weaving your magic and making all of this possible, honestly do not know what we would have done without you! Kellie & Murray

Curtis Vittorangeli

6. October, 2020.

Thanks Stephanie for the great service and getting me through the loan process and to settlement completely hassle free definitely will be recommended to everyone I know in need of a loan

Jo Marie Minney

5. November, 2019.

Steph is one of the most genuine, caring and honest people I know and she has an uncanny knack of putting people at ease. She’s also uniquely qualified, as she used to work in banks approving and denying loans! So when she helps you submit an application for a mortgage, you know all your i’s are dotted and your t’s are adequately crossed. She’s also not pushing a single bank or product, but will help her clients find the right fit for their circumstances. 11/10 would recommend!!

Kyle Spyrides

9. October, 2019.

Even considering making the decision to buy your first home can be very daunting prospect for most of us. Unless you are extremely well versed you can't begin to understand the layers that go into it. Having an awesome mortgage broker who can help you break down the steps and begin the journey to your new home make all the difference. Steph is someone who is passionate about helping you attain one of life's biggest dreams and own your own home but she is not reckless. She keeps your future in mind and finds real solutions to financing your first home. Highly recommend!

Sharon Gleeson

7. October, 2019.

Steph is incredibly passionate about helping people, particularly younger people who are just starting out and navigating the mortgage market. She has such a caring nature and really does put the needs of her clients first. Her work ethic, professionalism and commitment to her customers really impressed me. She goes above and beyond to do whatever it takes to look after her customers and make sure they get the very best deal and that all of the necessary requirements are in place. I highly recommend Steph - she is an exceptional Broker.

Samantha Dunn

23. August, 2019.

Stephanie is fantastic to work with, she really cares about her clients and the outcome of your situation. Highly attentive to details and not one step is missed, definitely recommend Stephanie if you're looking for a Broker!