RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Home Loan Variable: 5.99% (6.00%*) • Home Loan Fixed: 5.79% (6.39%*) • Fixed: 5.79% (6.39%*) • Variable: 5.99% (6.00%*) • Investment IO: 5.99% (7.58%*) • Investment PI: 5.89% (7.55%*)

We Make The First Home Buyer Journey a Simple One ... Everybody Deserves to Own Their Own Home.

Want to Talk Now? Call us on 1300 227 577 For a No-Obligation Discussion

What are the General Types of First Home Buyer Product Options?
Listed are the primary types of first home buyer products. In some cases, options may be split, so you may have a loan which is part fixed and part variable. Read about product types below.

  Variable Loans

A variable rate move up or down based on how the RBA sets its cash rate. A Variable Rate is generally flexible.

  Fixed Loans

Fixed Interest rates offer stability and flexibility in your repayment schedule.

  Construction Loans

Building your own home? Buying a House and Land Package? The construction loan is likely for you.

  Split Loans

A split loan is part fixed and part variable. It offers the benefits of both loan types.
Owner Occupied Variable
Interest*
5.79%
Comparison*
6.39%
   
5.79%
6.46%
   
5.79%
7.26%
   
5.79%
7.46%
   
Owner Occupied Fixed
Interest*
5.79%
Comparison*
6.39%
   
5.79%
6.46%
   
5.79%
7.26%
   
5.79%
7.46%
   
Owner Occupied Interest Only
Interest*
5.89%
Comparison*
7.29%
   
5.89%
7.49%
   
5.89%
7.52%
   
5.94%
7.02%
   
Investment Loans
Interest*
5.89%
Comparison*
7.55%
   
5.89%
7.67%
   
5.89%
7.74%
   
5.94%
7.22%
   

Download our First Home Buyer Guide. It includes over 40-pages that'll guide you on your property purchase journey.

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First Home Buyer Frequently Asked Questions
Listed below are common First Home Buyer Frequently Asked Questions. Selecting the link from within each FAQ will deliver you to a page with more information.

Stamp duty is a tax charged by State and Territory governments on the purchase of property. The amount of duty charged will depend on the State government’s formula and the sale price. There are usually concessions for first-home ... [ Learn More ]

The First Home Loan Deposit Scheme, which started on 1 January 2020, will be targeted towards first home buyers earning up to $125,000 annually or $200,000 for couples. The value of homes that can be purchased under the Scheme ... [ Learn More ]

The First Home Owners Grant is a national scheme funded by the States and Territories and administered under their own legislation. The grants differ from State to State, and can take the form of a discounted or reduced property transfer fee ... [ Learn More ]

Your home is likely to be your biggest ever purchase, so it’s well worth protecting with insurance. There are a number of factors that will affect the size of your home insurance premium, including location, the home’s age and building material, the rebuilding value and ... [ Learn More ]

Often lumped in together, these inspections provide very different information and are worth every cent. Don’t think you need one or the other. You need both, and each should be carried out by a suitably qualified and licensed expert. Often a building inspector is also qualified ... [ Learn More ]

The Mortgage Registration Fee is a charge by the State or Territory land titles office to register the lender's mortgage on the property’s title record, and is paid by the borrower in full at the time a loan is transacted. Should you default on your ... [ Learn More ]

Lenders will require you to take out this rather costly insurance cover if they are lending you more than 80 per cent of the value of the property (or you have a Loan to Value Ratio (LVR) of more than 80%) ... [ Learn More ]

Your loan itself may come with additional costs, including application fees, set-up fees and a property valuation. Depending on the type of loan, there may also be monthly account fees. [ Learn More ]

You will need a solicitor or conveyancer to handle the legal transfer of the property title and make the necessary searches. Legal fees can vary widely. You are entitled to a quote up front, and should always ask for one. The more complex the transaction ... [ Learn More ]

First Home Buyer Considerations, and Common Frequently Asked Questions
Listed below are common First Home Buyer Frequently Asked Questions. Selecting the link from within each FAQ will deliver you to a page with more information.
We encourage you to call us for a better understanding of your financial position. Each client and product pairing presents vastly different options. A well informed understanding will assist with your research.

A Risk Fee is a once-off charge payable by you when the amount of money you borrow for the purchase of a home or asset if higher than that lender's acceptable LVR . For a home loan, this is usually 80% of the value of the home (80% LVR) ... [ Learn More ]

When you apply for a home loan, a lender will take a large number of factors into consideration when deciding whether or not to approve your application. The Serviceability assessment determines if you can comfortably "service" the loan repayments after considering all of your ... [ Learn More ]

Conveyancing is the legal process of preparing and organising the required documents involved in the transfer of property from one person to another. The conveyance of a property is undertaken by both those who are ... [ Learn More ]

A Guarantor Home Loan, or 'Family Pledge' Home Loan, allows family members or, in some cases, someone else who is close to you, to 'guarantee' your home loan. This means they will be responsible for servicing the loan if you can't. A guarantor will usually has ... [ Learn More ]

The Loan to Value Ratio (LVR) is the amount you're borrowing represented as a percentage of the property’s value. The loan amount is divided by the purchase price of the valuation amount, then multiplied by 100 to make a percentage. For example ... [ Learn More ]

A comparison is the true cost of a loan every year, including fees and charges, and taking the product attributes into account. While an interest rate may be low to lure you into that product, the comparison rate provides a more realistic understanding of the cost of a loan ... [ Learn More ]

Buying a new home is the foundation for future wealth, and expert guidance by one of our team will invariably save you thousands. Not unlike buying a car, there are a number of ‘on-road considerations’ that should be taking into account when determining affordability. ... [ Learn More ]

Pre-approval simply means that the lender has evaluated your property purchase, your basic details, and has obtained other early details, in order for you to start looking for property. It provides you with an informed and reliable estimate of your ... [ Learn More ]

When purchasing land before a build you will generally have to pay a deposit of 10% of the purchase price, with the balance being payable on settlement – this way you pay stamp duty only on the land, rather than on the construction cost of the house ... [ Learn More ]

Home loan products evolve, as do conditions and your own circumstances. We keep track of your borrowing and keep in touch regularly to assess your suitability for a new product or rate – we never want you paying more than you have to ... [ Learn More ]

A disability pension is a valid income source for the purpose of making a loan application with many banks. As with any loan application the amount of income from a disability pension, or from any other source, factors into the amount you can ... [ Learn More ]

Stamp duty is a tax charged by State and Territory governments on the purchase of property. The amount of duty charged will depend on the State government’s formula and the sale price. There are usually concessions for first-home ... [ Learn More ]

The First Home Loan Deposit Scheme, which started on 1 January 2020, will be targeted towards first home buyers earning up to $125,000 annually or $200,000 for couples. The value of homes that can be purchased under the Scheme ... [ Learn More ]

The First Home Owners Grant is a national scheme funded by the States and Territories and administered under their own legislation. The grants differ from State to State, and can take the form of a discounted or reduced property transfer fee ... [ Learn More ]

Your home is likely to be your biggest ever purchase, so it’s well worth protecting with insurance. There are a number of factors that will affect the size of your home insurance premium, including location, the home’s age and building material, the rebuilding value and ... [ Learn More ]

Often lumped in together, these inspections provide very different information and are worth every cent. Don’t think you need one or the other. You need both, and each should be carried out by a suitably qualified and licensed expert. Often a building inspector is also qualified ... [ Learn More ]

The Mortgage Registration Fee is a charge by the State or Territory land titles office to register the lender's mortgage on the property’s title record, and is paid by the borrower in full at the time a loan is transacted. Should you default on your ... [ Learn More ]

Lenders will require you to take out this rather costly insurance cover if they are lending you more than 80 per cent of the value of the property (or you have a Loan to Value Ratio (LVR) of more than 80%) ... [ Learn More ]

Your loan itself may come with additional costs, including application fees, set-up fees and a property valuation. Depending on the type of loan, there may also be monthly account fees. [ Learn More ]

You will need a solicitor or conveyancer to handle the legal transfer of the property title and make the necessary searches. Legal fees can vary widely. You are entitled to a quote up front, and should always ask for one. The more complex the transaction ... [ Learn More ]

This is a tough question to address without an understanding of your circumstances, For a first home a deposit of anywhere between 5% and 20% will be required, with the lower rate predicated upon Government assistance or grants. ... [ Learn More ]

Equity is the value of an asset (e.g house, car) minus any debts attached to that asset. For a property, the equity would be the current market value of the property minus the balance of any loans attached to that property. ... [ Learn More ]

Lenders assess mortgage applications differently based on the location of the property being offered as security. A lender, or the Lenders Mortgage Insurance provider, will apply more rigid lending policies in high-risk locations to limit their risk ... [ Learn More ]

If you’re a first home buyer, you may be eligible to withdraw voluntary super contributions you’ve made to put toward a home deposit. Through the First Home Super Saver Scheme (FHSSS), first-home buyers may be able to use Australia’s superannuation system as ... [ Learn More ]

Getting into the property market is difficult when you're paying rent because you're still required to save a 5% deposit towards a new home. While the deposit is still usually required, many lenders will accept your rental history as a ... [ Learn More ]

Self-Managed Super Funds are often used by investors as a means to take control over their superannuation for the purpose of investing in property of their own choosing. However, Self-Managed Super Funds - particularly when used for investing - is a complex ... [ Learn More ]

The term Genuine Savings refers to the funds that you have saved genuinely and gradually over time, usually between three to six months. It excludes gifts, tax refunds, one-off payments from the sale of assets, such as you car ... [ Learn More ]

We believe that former adversity shouldn't impact upon your ability to get a home loan, and we specialise in sourcing suitable products for those that have experienced adversity via a less-than-stellar credit history, bankruptcies, defaults, Part IX debt agreement ... [ Learn More ]

If you are purchasing a property, and you don’t have your deposit readily available, then a deposit bond may be a suitable solution. A deposit bond is a guarantee, issued by an insurance company, to the vendor of the property you are purchasing, that they will receive ... [ Learn More ]

When you apply for a home loan your lender will get an independent valuer to assess the bank valuation of the property you wish to buy. For the bank, property valuation risks are their main priority, so the bank valuation is a conservative estimate of the property's value ... [ Learn More ]

Selling your existing home and buying a new home simultaneously can be a little difficult in that the sale of your property, and finding a new property, rarely occur simultaneously. With a bridging loan, you can avoid the stress of matching up settlement dates, move quickly ... [ Learn More ]

As listed on our FAQ on your Credit Score , a credit report may list overdue payments of any kind (by 14 days), unreliable or missed payments, or defaults. That report holds information on your profile as a credit risk and ... [ Learn More ]

Your credit score is your credit history converted to a number between 0 and 1000 or 0 and 1200, depending on which credit score provider produced the credit score. The higher the score, the better your credit rating. It is one of the factors used by lenders to determine how ... [ Learn More ]

A Guarantor Loan, Family Pledge Loan, Limited Guarantee, or "Equity Guarantor" loan is one where the guarantor enables entry to the property market to a buyer by offering your own fully or partially-owned property as security. You are essentially co-borrowing without the ... [ Learn More ]

Buying a new home is the foundation for future wealth, and expert guidance by one of our team will invariably save you thousands. Not unlike buying a car, there are a number of ‘on-road considerations’ that should be taking into account when determining affordability.

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