Typically, you’ll need at least a 5% deposit for your first home, but a larger deposit can help you secure better loan terms and avoid paying Lenders Mortgage Insurance (LMI).

Eligibility for the First Home Owner Grant varies by state, but generally, first-time home buyers purchasing a new or substantially renovated property may qualify. We can help you check if you meet the criteria.

LMI is a one-off insurance fee that protects the lender in case you default on your loan. It’s usually required if your deposit is less than 20%. We can help you explore ways to avoid or minimize LMI.

Your borrowing capacity depends on factors like your income, expenses, credit history, and the property you are looking to purchase. We can assess your financial situation and give you an accurate borrowing estimate.

The process involves gathering documentation, assessing your financial situation, and submitting your application to lenders. We can guide you through each step, ensuring your application is handled smoothly.

Yes, under the First Home Super Saver (FHSS) scheme, you may be able to use voluntary super contributions towards your deposit. We can explain how this scheme works and whether it’s a good fit for you.

Beyond your mortgage repayments, you will need to consider costs like council rates, home insurance, and maintenance. We can help you budget for these expenses so you are financially prepared.