I'm a first home buyer, what help can I get?
Get your questions answered
The home buying process
Step by step guide to what's involved in buying your first home, including the home loan process.
First home owner grant
The First Home Owner Grant is a lump sum of cash available to first home owners to help with the cost of buying a first home. Find out more and see if you are eligible.
2020 First Home Loan Deposit Scheme
The new government scheme for first time buyers allows approved applicants to take out a mortgage with just a 5% deposit and avoid paying lenders mortgage insurance.
HomeBuilder program: $25k cash grant
Kickstart your 'dream' home with a $25K cash grant under the federal government’s newly announced HomeBuilder program.
Your local broker can organise a home loan pre-approval now to help you move quickly when you’ve found “the one”.
How a broker can help first home buyers
Explain the costs & process
Your broker can explain all the costs and steps involved in buying a home and give you a realistic picture of what you can borrow.
Help you get pre-approval
If you haven’t yet found the right home, your broker could help to organise pre-approval so you can shop for your new home with confidence, knowing exactly what you can afford.
Apply for incentives
In Australia, there are a number of government incentives available to first home buyers. We’ll let you know whether you’re eligible for assistance schemes such as the First Home Owners Grant (FHOG) and help with the paperwork.
Support you all the way to your first home
When you’re ready to move ahead with your first home loan, your broker will prepare all the paperwork and support you at every step to settlement.
Is now a good time for first home buyers? With Joel Gibson
If you're looking at getting into the property market, it's important to check that you're ready.
Hear from Joel Gibson as he answers all the common questions for first home buyers to make sure you're ready for your first home and if now is the right time to enter the property market.
More videos and tips
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First home buyer's guide
Purchasing your first property can be an overwhelming process and there may be steps you are unsure or unaware aware of. This guide will walk you through all of the steps involved in the buying process.
Hear from our customers
I’d definitely recommend Mortgage Choice. If I had known it would be this easy to arrange a home loan and buy a place of my own I would have done it years ago!
The help our broker provided was amazing. I don’t know how many times we asked the same questions but he never made us feel like any questions were silly. He even took the time to explain our home loan to our parents. I have already recommended Mortgage Choice to my friends - I am just so happy with the way things turned out for us.
Prior to booking my first appointment with Mortgage Choice I knew entirely nothing about home loans and the housing market. My broker provided me with the knowledge, expertise and guidance to feel comfortable enough to take the plunge and buy my first home. I am very happy with the package that I ended up choosing and would return to Mortgage Choice again.
At the age of 29, with a $50,000 deposit and a six figure income, my bank was unable to give me a loan. After meeting with my Mortgage Choice broker, she clearly and effectively communicated my options and the process of purchasing my first home. Within 48 hours I had been pre-approved to almost double the amount approved by my bank.
I asked my broker thousands of questions, and she never made me feel like I was an imposition or that I was asking a stupid question – and that’s not something I could say about every service provider I encountered as a first home buyer. With the right help and support, buying a first home doesn’t have to be hard. My broker was lovely to deal with and she made the whole process so much easier for me.
Our broker did more than help us find a competitively priced loan. She was really interested in providing personal solutions and she provided good advice, explaining all the things we needed to consider as first home buyers. Mortgage Choice made it very easy to buy our block of land. The hard part is waiting for our first home to be built so we can begin living in it – that’s a day I’m really looking forward to!
I purchased my first home and to say it was a daunting experience is an understatement. It was a very confusing time. I have said to my friends multiple times that I don’t know how I would have actually navigated through it all without the support of my Mortgage Choice broker. She made everything clear and her customer service and knowledge of the industry was exceptional.
