As seen in
Let our award-winning mortgage brokers help you buy your first home
Will I get approved?
Use our First Home Loan Deposit Scheme Eligibility Calculator to find out if you’re eligible
Disclaimer: This calculator can help you determine whether or not you could be eligible for the First Home Loan Deposit Scheme. However, it only acts as general guidance as to the various eligibility criteria but does not constitute a determination of eligibility.
Limited Scheme places available!
Did you know that the 3,000 Scheme places released on 1 January were filled in just over 7 days?
The remaining 7,000 Scheme places for this year will be available from 1 February 2020.
How long do you think they will last? Not long.
We’re now reserving Scheme places for our customers subject to availability.
Reserve your Scheme place now!
Who is the best lender for the First Home Loan Deposit Scheme?
There are 27 participating banks and lenders to choose from, and since each lender will apply their own lending criteria before approving you for the home loan – the choice becomes paramount.
Moreover, each first home buyer’s situation will be different, that means each borrower will be better suited to a different lender.
Some of the areas where lender policies differ are:
- Genuine savings;
- Borrowing power including living expenses and income assessment;
- Credit score;
- Property postcode etc. anyone of these could see your application getting knocked back.
Our specialist mortgage brokers can be the difference between you getting approved or getting knocked back.
Talk to our experts and achieve your dream of homeownership.
How we will help you…in four simple steps.
Complete our free assessment form or call us.
We assess your situation.
We recommend suitable lenders from the panel of participating lenders.
We submit your home loan application and reserve a place for you.
We’ve lent more than $2 billion Australia-wide.
Testimonial from a first home buyer
Recently, we were approved for a loan all due to the hard work Preeti put into helping us secure our first family home. Preeti went above and beyond normal working hours and weekends to help us along the process.
– Vanessa, Elwood, Melbourne