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We're more than a mortgage.
We believe buying your first home should be more than a transaction, it's a long term commitment; and so is our service.
Expert Advice
We have over 35 years' combined experience in mortgage broking. Our team will guide you through the entire home loan process, ensuring you're always well informed and have a clear understanding of your options and the steps involved.
Tailored Solutions
Every first home buyer experience is unique, which is why we specialise in a wide variety of loan options. We’ll work closely with you to find the loan that suits your financial goals and circumstances.
Grants & Government Assistance Programs
We understand your affordability is top priority when buying your first home. We’ll source you the most competitive interest rates with the loan structure that best suits your needs. Our team are also well-versed in all the government assistance programs and grants that make buying your first home more budget friendly.
Simple Process
Our goal is to simplify the process; from your mortgage application to getting the final approval. We’re a paperless, technology-based firm committed to both sustainability and leveraging digital solutions to streamline the application process.
Government Grants and Schemes
First Home Owner Grant (FHOG)
The First Home Owner Grant (FHOG) is a one-off payment designed to help first home buyers (FHB) in Queensland enter the property market. The FHOG is a cash payment up to $30,000, but is only available if you buy or build a new home, valued below $750,000.
For buying or building a new home, the grant amount is:
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$30,000 for contracts signed between 20 Nov 2023 and 30 Jun 2025
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$15,000 for contracts signed before 20 Nov 2023
Eligibility
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You must be aged 18 years or older
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You must be an Australian citizen or permanent resident (or applying with someone that is)
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You or your spouse must not have previously received a FHBs grant
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You must not have previously owned a property in Australia that you lived in, on or after 1 July 2000 or before 1 July 2000, whether you lived in it or not
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The grant is not available to purchase investment properties
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The value of the home must be less than $750,000 (including the cost of land)
First Home Buyer Guarantee (FHBG)
The First Home Buyer Guarantee (FHBG) is part of the Home Guarantee Scheme (HGS), an Australian Government initiative to help FHBs enter the property market sooner. Under the FHBG, part of the eligible participant's home loan (from a participating lender) is guaranteed by Housing Australia. This means that if you're eligible for the FHBG, as a FHB, you could buy a home with a 5% deposit without paying Lender's Mortgage Insurance (LMI).
It's important to note that any guarantee of the home loan is for up to a maximum of 15% of the value of the home. Unlike the FHOG, this is not a cash payment. Places are available in this scheme from 1 July 2023 - 30 June 2024.
Eligibility
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You must be aged 18 years or older
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You must apply as an individual or 2 joint applicants
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You must be an Australian resident or permanent resident
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You must be earning up to $125,000 for individuals, or $200,000 for joint applicants
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You must be intending to live in the property
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You must not have owned a property in Australia, within the last 10 years
Regional First Home Buyer Guarantee
The Regional First Home Buyer Guarantee is an Australian Government initiative, aimed to support FHBs to purchase a home within designated regional areas. The Regional First Home Buyer Guarantee can be used to build a new home or purchase an existing property, with a minimum 5% deposit. FHBs must have lived in a regional area, or an adjacent regional area, to where they are purchasing, for the preceding 12-month period. The Regional First Home Buyer Guarantee can't be used to purchase an investment property.
Eligibility
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You must be aged 18 years or older
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You must apply as an individual or 2 joint applicants
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You must be an Australian resident or permanent resident
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You must be earning up to $125,000 for individuals, or $200,000 for joint applicants
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You must be intending to live in the property
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You must not have owned a property in Australia, within the last 10 years
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You must have a minimum 5% deposit
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You must have lived in a regional area or adjacent regional area to where you are purchasing, for the preceding 12-month period
First Home Super Saver (FHSS)
The First Home Super Saver (FHSS) scheme enables FHBs to use voluntary contributions made to their superannuation to put toward their house deposit. FHBs can apply to have a maximum of $15,000 of their voluntary contributions from any one financial year, and up to $50,000 across all years. You can only request a release under the FHSS once. After the release request is made to the ATO, it can take between 15-20 business days for the funds to reach your account, and this should be considered when you start looking at properties.
Superannuation guarantee contributions made by employers, and spouse contributions, can't be released under the FHSS scheme.
If you've previously owned property but have experienced financial hardship, you may still be eligible for the FHSS. The ATO will determine whether you've suffered financial loss if you can prove that you've been declared bankrupt, you've experienced loss of employment and or illness, or have been affected by a natural disaster.
Eligibility
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You must be aged 18 years or older
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You must apply as an individual or 2 joint applicants
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You must be an Australian resident or permanent resident
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You must be earning up to $125,000 for individuals, or $200,000 for joint applicants
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You must be intending to live in the property
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You must not have owned a property in Australia
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You may be eligible if you have previously owned property, if you have experienced severe financial hardship (e.g. bankruptcy, divorce, loss of employment, or illness)
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You have not previously made a FHSS release request
Help to Buy (starting in 2024)
The Government released a statement in November 2023 regarding the Help to Buy scheme, which will be available to FHBs in 2024. The scheme will support eligible home buyers with an equity contribution of up to 40% for new homes, and 30% for existing homes. FHBs will need to contribute a minimum 2% deposit to be eligible. An important factor to note is that the Government will fund and own the 30%-40% of the property.
Under the Help to Buy scheme, FHBs won't be required to pay Lender's Mortgage Insurance (LMI), will have easier affordability criteria, and will have access to lower interest rates - due to the extra 30%-40% contribution from the Government.
FHBs will have the option to 'buy-back' the Government's share of the property, and can refinance or use cash when 'buying back'. There's a minimum 5% buy back.
All states and territories still need to pass their own legislation in order for Help to Buy to operate in their jurisdictions.
The full eligibility criteria for this scheme hasn't been announced or finalised yet. FHBs aren't able to apply until it's released, and there'll be 10,000 sports available.
Rent to Buy
Rent to buy (also known as rent to own) are leasing agreements that allow tenants to purchase a property at the end of a lease period, at a previously agreed on price. The aim of the scheme is to make it easier for FHBs to jump on the property ladder, by eliminating the need to save a 'traditional deposit' and delaying the need to secure finance from a bank.
By agreeing on a price at an earlier date, it means some buyer's can secure a price below market value, if the property market experiences a downfall during the tenancy period. The major downside to rent to buy schemes is that participants don't own the property until they've made the final payment, and tenants will still need to apply for a home loan at the end of the tenancy agreement. Depending on the agreement, you may also need to cover repairs and maintenance on the property.
The costs of rent to buy schemes vary. Participants are generally required to pay above market price for rent, as well as an additional fee or 'option' to buy the property at the end of the tenancy agreement.