First home buyer success in the Hunter Valley region in their mid‑50s
Purchase Loan Case study
Location: Hunter Valley NSW
Broker: Adam Dufty
Loan Type: Purchase • Principal & Interest
Client: First home buyer • Couple in 50s
Client snapshot
A couple in their mid‑50s from the Hunter Valley region had spent years renting, raising a family and steadily saving. They had built a $100,000 deposit and wanted to finally buy their first home.
They were unsure whether their age and income structure would count against them, and simply wanted someone to take their situation seriously and show them what was actually possible.
The challenge
Our approach
How we worked our magic to help this client.
Completed a detailed review of their income, expenses, savings and existing obligations — including how their position would look to lenders assessing borrowers later in life.
Identified that the First Home Buyer scheme wasn't the right fit due to their property price, and sourced a specialist second-tier lender offering a niche 90% lend product with no LMI.
Structured a thorough exit strategy to address lender concerns around age and loan term, presenting their full financial position fairly.
Optimised the use of their $100,000 deposit to achieve a 90% LVR with the right lender, avoiding LMI costs without compromising on the loan they needed.
The outcome
They purchased their first home in the Tamworth region in their mid‑50s, on terms that matched their income and risk comfort. It marked a significant milestone: moving from decades of renting into a home of their own, with a structure that made sense for the years ahead.
Why this worked
Good outcomes in broking rarely come down to luck. They come from knowing which lenders will look favourably on a specific situation, structuring the application correctly from the start, and moving at the right time. Here's a breakdown of the decisions and conditions that drove this result.
Key takeaways
Every borrower's situation is different, but these outcomes reflect what's possible when the right strategy meets the right broker. Reach out to explore what we can unlock for your scenario.
There is no fixed “age limit” on becoming a first home buyer.
The right lender can look at your whole picture, not just your age.
A strong savings record and a sensible structure can open more doors than you might expect.
Having someone map out what is actually possible is often the most important first step.
If you’ve been putting off home ownership because of age, income or past circumstances, it’s worth having the conversation before you rule yourself out. Every situation is different. Hubblit can look at your full picture and help you understand your options.
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