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Frequently Asked Questions

Need to find out more about buying or building your first home? Browse our frequently asked questions below.

What amount can I borrow?

Our Loan Calculator will help you determine how much you might be able to borrow based on what you currently earn and any assets you have. Then you can work out how much you’ll need to set aside for weekly or monthly mortgage repayments.

What amount can I get with the First Home Owner Grant?

Eligible first homebuyers investing in or building new homes can receive up to $15,000. For the most up-to-date information, visit the RevenueSA website.

More about the First Home Owner Grant

At what point should I apply for finance approval?

Normally your lender will provide you with a pre-approval - to give you a rough estimate of how much you'll be able to borrow for your home and its inclusions. To make sure everything runs smoothly, remember to get all the details of ALL the costs for building before your application for finance is finalised.

Find out more about what you'll need to do during the building process.

I'm on a tight budget. Can I still buy a new home?

Statesman Homes has home designs to suit most budgets, even if you're on a tight one! Browse the range or speak to us about how to get started.

Will Statesman help me during the buying/building process?

We understand that it's your first home buying experience, and you're probably bursting with questions. We want to make the process as smooth and simple as possible, so we'll guide you through the building process at every step. We'll make sure you know what you need to do, as well as what to expect and when.

Find out more about the building process.

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Have a question, but don't see the answer here? We can help.

Contact us online or call 1300 724 663 to have your questions answered by our experienced consultants.

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