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More than just a loan

More than just a loan

Posted 29 March 2023

Did you know that IBA offers so much more than just providing loans? Even before you put in an Expression of Interest (EOI) for a home loan, we are here for you.

Four women standing in front of a screen.
Narelle, Mousumi, Jamie-Lee and Carmel at a recent in-person home ownership workshop for Yurwang Bullarn Strong Women’s group.

IBA’s Home Ownership program offers a series of workshops which provides Aboriginal and Torres Strait Islander people, who are interested in home ownership, with the information and tools to move forward.

The workshops are an excellent opportunity to ask questions and gain valuable knowledge and confidence to navigate the process.

“Workshop attendees will better understand IBA’s home loan products, the assessment process including timeframes, home loan eligibility criteria and how to identify potential barriers and use the information to get financially ready.” says IBA’s Jenny Pepper, , who runs many of the workshops.

“Completing a home loan application takes time and effort to gather and collate information. By providing the option to find out more information through our workshops, our customers are in a better position to prepare themselves well for home ownership.”

“Thanks heaps for the information,” says recent IBA Home Ownership workshop attendee Catelyn. “This will be helpful in moving forward and planning ahead.  It brings me hope that home ownership is possible if I follow the right steps”.

Catelyn is looking forward to learning more, and putting this learning into practice. After the first workshop she also signed up for ‘Create a Budget' and 'Understanding Credit' workshop.

Another attendee Tiffany, agrees. “‘We enjoyed the session and it has given us the confidence and information to continue to work towards home ownership in the next 18 months.”

Workshops are mainly run online, customers are beginning to recognise the benefits these workshops provide and have been attending in droves, with average 30-50 per session. From time-to-time we also offer face-to-face workshops in limited locations.

Workshops include:

  • IBA Home Ownership
  • Create a Budget
  • Understanding Credit and Credit Reporting
  • Preparing for Home Ownership
  • Now you’re a Home Owner.

Find out about IBA’s workshops