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First Home Loans

Buying your first home is an exciting time - but it can also be complicated - our job is to make it easy for you.

Getting into the property market is one of the biggest financial decisions you'll make. From confusing contracts and jargon filled paperwork to inspections and ultimately, sealing the deal – we’re here to give it to you straight. 

Like the homes on your wishlist, no two loans are the same. Step by step, we’ll help you make sense of the nonsense, and work with over 60 banks and lenders to find the loan most suited to your first home.

Loan types and features.

There are a number of loan types available to you; variable rates, fixed rates, guarantor loans and more, scroll through some of the options below to get a better understanding of what the differences are. We’re here to answer your questions when you’re ready.


Variable rate loan


As the name suggests, the interest rate can change over the life of the loan. This gives you flexibility, but can also leave you open to rate rises. These loans offer more flexible features like unlimited additional repayment, redraw, and offset account.

Fixed rate


Basically, this is the opposite of a variable rate loan. Your interest rate and repayments will stay the same during the fixed term, no matter what. So no surprises.

Split loan


You're able to fix part of your loan, while leaving the rest variable.

Packaged loan


Professional packages offer discounts on standard variable and fixed rates, the waiving of fees, and in some cases, great deals on other products from the same lender. A packaged loan usually comes with one annual fee for the bundled products.

Introductory rate loan


Also known as 'honeymoon' loans, these offer a low interest rate for a short period [e.g. a year], after which the rate moves to the standard variable rate.

Interest only loans


As the name suggests, you only pay the interest on the principal balance for a set term, with the principal balance unchanged.

Guarantor home loans


A guarantor uses the equity they've built up in an existing property to help you purchase your property sooner. Guarantors could be your parents, parent-in-law or a step parent or grandparents.

Calculators.

Use these calculators to help you understand your borrowing power and calculate how much stamp duty you might need to pay.

FAQs for first

home buyers.

We’ve got your questions covered.

  • How much deposit do I need to purchase a property?

    Typically lenders ask for 20% of the total house price before they’ll consider giving you a loan but there are a number of ways around this. Some lenders will accept a smaller deposit but it’s likely that you’ll need to pay Lenders Mortgage Insurance (LMI).  There might also be grants that you can take advantage of. Get in touch to chat about your options.

  • Can you help me understand my borrowing capacity?

    Of course! Borrowing capacity refers to how much you can borrow from a lender. To get an estimate of your borrowing capacity go to our calculator: How much can I borrow? If you want to get an in depth review of your borrowing capacity, get in touch today.

  • How will you decide which loan is best suited to my circumstances?

    With over 60 lenders, you and I are spoiled for choice. I narrow my search down through talking to you about your wants and needs. I will show you your options, listing the pros and cons of each loan and ultimately we will come to a decision together.

Learn more >>>

Ask us a question. We're here to help!

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