Meet Kyle Downey - 12 years' bank lending experience, now on your side.
Find out how much you could borrow in under 2 minutes.
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ABOUT US
A Broker Who's Genuinely on Your Side When Buying Your First Home
Kyle Downey founded High Point Finance after 12 years lending for one of the big four banks - so he knows exactly what lenders are looking for, and how to present your application in the best light. Based in Caboolture and serving first home buyers across the greater Moreton Bay region, Kyle takes the time to explain your options in plain English, with no pressure and no jargon. You'll deal directly with him, not a call centre.
CALCULATOR
Use our mortgage calculators to estimate how much you can borrow.
We’ve designed these calculators to give you a better insight into how the lenders will view your loan application.
The information provided by the calculator is intended to provide illustrative examples based on the stated assumptions of your input.
Results are a guide only and do not constitute financial advice or any guarantee that you will be approved for a loan by a lender.
You should always discuss your individual circumstances with a representative of High Point Finance before placing your deposit or purchasing any property.
Meet our Team
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Kyle Downey
Principal Broker
Phone: 0493 010 111
Email: kyle@highpointfinance.com.au
With 12 years of lending experience at one of the big four banks, Kyle has helped hundreds of first home buyers understand their options and get into their first place with confidence. He knows exactly what lenders look for, and takes the time to explain every step in plain English, so you always know where you stand.
Megan Downey
Broker Support
With a keen eye for detail, Megan assists with paperwork, applications and regular client updates, helping make the process feel simpler and less stressful. Megan is also dedicated to providing clients with an annual home loan review, helping them stay informed about their current loan, interest rate and available options as their needs or the market change.
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How Much Deposit Do I Need For My First Home?
Most lenders look for a deposit of 10 to 20 percent of the property price, but you may need less. Government schemes, including the First Home Guarantee, can help eligible buyers purchase with as little as a 5 percent deposit and avoid Lenders Mortgage Insurance altogether. The right deposit amount depends on your income, the property price, and your individual circumstances, so it is worth getting a clear picture before you start looking.
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A 20% deposit avoids Lenders Mortgage Insurance entirely
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Government schemes can lower this to 5% for eligible buyers
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Your deposit affects how much you can borrow and your monthly repayments
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Your First Home Buying Journey, Step by Step
Buying your first home involves more steps than people expect. Here is what the process actually looks like.
01 - Get Pre-Approved
Understand what you can borrow before you start looking, so you know your budget with confidence.
02 - Find Your Property
Search with a clear price range in mind, backed by your pre-approval.
03 -Formal Approval
Once you have a property in mind, we finalise your loan application with the lender
04 -Settlement
Sign the paperwork, get your keys, and move into your first home.
Our Partners
CONTACT US
Get in touch today
When we help you with your borrowing needs, we consider you to be a client for life. We want you to be confident that you are working with professionals who have your best interests in mind now and in the long term.
We have many years of experience in finance and professional mortgage broking. Our aim is to find you the best loan for your needs, and to make the process as simple and transparent as possible.
Please get in touch with us today.
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The information on this page is general in nature and does not take into account your objectives, financial situation or needs. Consider whether it's right for you, and seek independent financial and legal advice before making a decision.